Incorporated in 2016, Wakefit Innovations Limited is a Indian D2C (Direct-to-Consumer) home and sleep solutions company, best known for its high-quality and affordable range of mattresses, furniture, and home décor products. The company initially gained popularity with its memory foam mattresses sold directly to customers online, eliminating middlemen and offering competitive prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the evolving needs of modern Indian homes.The company operates primarily through its digital channels, supported by strong logistics and customer service, which enables it to reach customers across urban and semi-urban areas in India.Product Portfolio:MattressesFurnitureFurnishingsThe company sells products across 700 districts across 28 states and 6 union territories. As of Sep 30, 2025, it has 125 stores in 62 cities across 19 states and 2 union territories.Competitive Strengths:Largest and fastest growing D2C home and furnishing solutions destinationComprehensive home and furnishing solutions brand with a core focus on product innovationFull-stack vertically integrated operations with differentiated processes and technical capabilitiesOmnichannel sales presence and strategically located store networkThe multi-faceted marketing approach enhancing the brand image
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
QIB (Ex Anchor)
|
49,572,650 | ₹966.670 |
|
NII
|
9,914,530 | ₹193.330 |
|
Retail
|
6,609,687 | ₹128.890 |
| Total ** | 66,096,867 | ₹1,288.890 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 152 | ₹29,640 |
| Retail (Max — 13 Lots) | 13 | 988 | ₹192,660 |
| S-HNI (Min — 14 Lots) | 14 | 1,064 | ₹207,480 |
| S-HNI (Max — 66 Lots) | 66 | 5,016 | ₹978,120 |
| B-HNI (Min — 67 Lots) | 67 | 5,092 | ₹992,940 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 9,914,530 | 6,609,687 | 16,524,217 |
| Allotment price (Rs.) | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 195 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 966.67 | — | 966.67 | — | — | 193.33 | 128.89 | 1,288.89 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 9,914,530 | 6,609,687 | 16,524,217 |
| Amount (Rs.cr.) | 966.67 | — | 966.67 | — | — | 193.33 | 128.89 | 322.22 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB (Ex Anchor) | 49,572,650 | ₹966.67 |
75.00%
|
| NII / HNI | 9,914,530 | ₹193.33 |
27.27%
|
| Retail (RII) | 6,609,687 | ₹128.89 |
10.00%
|
| Total | 66,096,867 | ₹1,288.89 |
100.00%
|
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 741.30 | 1305.43 | 1017.33 |
| EBITDA | 103.19 | 90.83 | 65.85 |
| Profit After Tax (PAT) | 35.57 | -35.00 | -15.05 |
| Net Worth | 557.34 | 520.57 | 543.61 |
| Total Assets | 1220.34 | 1050.75 | 928.30 |
| Reserves & Surplus | 522.34 | 500.27 | 523.33 |
| Total Borrowings | Not Available | Not Available | 7.36 |
| EBITDA Margin (%) | 7.13% | — | — |
| PAT Margin (%) | -2.75% | — | — |
Wakefit Innovations Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: