October 12, 2025
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Wakefit Innovations IPO Details
Wakefit Innovations Ltd. has received SEBI approval for its Initial Public Offer (IPO) on October 3, 2025. With this clearance, the company will move ahead with the next steps toward launching the issue, subject to market conditions and other statutory approvals. The SEBI nod remains valid for 12 months.
The proposed Wakefit Innovations IPO will be a Book-Built Issue, comprising a fresh issue of Rs.468.22 crore and an Offer for Sale (OFS) of up to 5.84 crore equity shares.
The equity shares are proposed to be listed on both NSE and BSE. Axis Capital Ltd. is the Book Running Lead Manager (BRLM), while MUFG Intime India Pvt. Ltd. will act as the Registrar.
Key details such as the IPO opening and closing dates, price band, and lot size will be announced shortly.
🕗 Last Update: 13 October 2025, 6.00 AM
IPO Key Dates
| Anchor portion | |
| IPO opens on | ? 2025 |
| IPO Closes on | ? 2025 |
| IPO Allotment on | ?2025 |
| Unblocking of Asba | ? 2025 |
| Credit of Shares | ? 2025 |
| Listing of Shares | ? 2025 |
The promoters
Ankit Garg and Chaitanya Ramalingegowda are the promoters of the company.
The promoters hold 43.47 % shares in the pre-IPO capital of the company.
Objects of IPO
The IPO consists fresh issue of capital and an offer for sale.
| Objects of the Issue | Rs. in crores |
| Capital expenditure to be incurred by the Company for setting up of 117 new COCO – Regular Stores and one COCO – Jumbo Store | 82.16 |
| Expenditure for lease, sublease rent and license fee payments for the existing COCO – Regular Stores | 145.2 |
| Capital expenditure to be incurred by the Company for purchase of new equipment and machinery | 15.41 |
| Marketing and advertisement expenses toward enhancing the awareness and visibility of the brand | 108.4 |
Business :
IPO Details
| Opens On | ? 2025 |
| Closes on | ? 2025 |
| Face Value | Rs.1 |
| Issue Price Band | Rs.? |
| Lot Size | ? Shares |
| Sale Type | Fresh issue and Offer for sale |
| Total Issue Size | ? shares |
| Total Issue Size | Rs.? Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 15% of the Net Offer |
| NII Shares Offered | Not more than 10% of the Net Offer |
How Shares can be applid?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
How to check Allotment Status
Allotment of this IPO will be announced on ? 2025 and the link to check allotment is given below:
ttps://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Wakefit Innovations Ltd. Umiya Emporium, 97-99, 2 nd and 4th Floor, Adugodi, Tavarekere, Opp. Forum Mall, Hosur Road, Bengaluru, Karnataka, 560029 Email: investorscompliance@wakefit.co |
|
| The Lead Managers Axis Capital Ltd. IIFL Capital Services Ltd. Nomura Financial Advisory & Securities (India) Pvt.Ltd. |
|
| Registrar to IPO | |
| Mufg India Intime Pvt ltd |
Financial Snapshot
| Period Ended | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 1,043.93 | 928.3 | 791.8 | 573.72 |
| Total Income | 994.37 | 1,017.33 | 820.01 | 637.03 |
| Profit After Tax | -8.81 | -15.05 | -145.68 | -106.52 |
| EBITDA | 76.4 | 65.85 | -85.75 | -74.92 |
| Net Worth | 546.52 | 543.61 | 505.08 | 341.34 |
| Reserves and Surplus | 526.23 | 523.33 | 486.99 | 339.53 |
| Total Borrowing | 4.02 | 7.36 | ||
| Amount in Rs. Crore | ||||
Key Performance Indicators
| KPI | Values |
| RoNW | -2.77 |
| PAT Margin | -1.53% |
| EBITDA Margin | 6.68% |
Peer Comparison
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Chanakya has strong following because of its IPO reviews. We shall update our review for this IPO, once the price band and latest results are available.
Wakefit Innovations IPO dates
Wakefit Innovations IPO price & Lot
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