Key Highlights
- image: NDTV PROFIT Show Quick ReadSummary is AI Generated.
- Newsroom ReviewedPrimary market investors are closely watching the initial public offering (IPO) of Wakefit Innovations Ltd., a leading manufacturer of mattresses, furniture, and home furnishings, which launched its IPO on December 8. The much-awaited Wakefit IPO, which was booked 0.15 times on Day 1, has witnessed a sharp decline in its Grey Market Premium (GMP).
- The GMP, which was trading around Rs 36 earlier, has now slipped to just Rs 5, raising concerns among investors about potential listing gains. Here’s everything you need to know about the Wakefit IPO, including its latest grey market premium (GMP), offer size, price band, and other details as the subscription enters its second day. Wakefit IPO GMP TodayAccording to InvestorGain, the latest grey market premium (GMP) for the Wakefit Innovations IPO stood at Rs 5 per share on December 9.
- With the upper end of the price band set at Rs 195, the IPO’s estimated listing price is around Rs 200.
- The latest GMP indicates an expected listing gain of approximately 2.56% per share for investors. Note: GMP does not represent official data and is based on speculation. Wakefit IPO DetailsWakefit Innovations Ltd.
