Wakefit to launch ₹1,300 crore IPO on December 8

Wakefit Innovations has now filed its Red Herring Prospectus (RHP) for a ₹1,300 crore IPO, bringing it one step closer to listing.

Wakefit has grown into one of India’s fastest rising home and furnishings brands among organised players, becoming a go to name for mattresses, furniture and everything home.

What’s poppin: the company first filed its IPO papers with SEBI in June, and the market regulator gave the green light in October.

The IPO will be a mix of a fresh issue worth ₹377.1 crore and an offer-for-sale of 4.67 crore shares by existing shareholders.

FYI: the Bengaluru-based firm has trimmed its IPO size from the earlier DRHP, which proposed a fresh issue of ₹468 crore and an OFS of 5.84 crore shares.

By the numbers: the company posted a ₹35 crore loss in the year ended March 2025, widening from a ₹15 crore loss the year before.

But revenue told a different story, jumping 29.1% to ₹1,273.7 crore from ₹986.4 crore, showing strong demand and rapid scale up.