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Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore

Wakefit Innovations Ltd. has announced a reduced initial public offering (IPO) size with a price band set between ₹185 and ₹195 per share, aiming for a valuation of up to ₹6,000 crore. The IPO will consist of new shares worth ₹377 crore and an offer-for-sale of 4.67 crore shares worth ₹912 crore, totaling ₹1,289 crore.

Wakefit is a mattress and home furnishings company in India

Wakefit is a mattress and home furnishings company in India

Credit: Hindustantimes

Key Highlights

  • Wakefit's IPO price band is set at ₹185-195 per share.
  • The total issue size of the IPO is ₹1,289 crore.
  • The company reduced its IPO size from ₹468 crore to ₹377 crore for new shares.
  • The IPO subscription dates are December 8 to December 10, 2025.
  • 75% of the IPO shares are reserved for qualified institutional buyers.
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Sources

  1. Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore
  2. Wakefit Innovations IPO: Price band set at ₹185-195 per share; check key dates, issue details, more

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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