The Wakefit Innovations IPO is scheduled to open on Monday, December 8, 2025, marking a key milestone for Wakefit Innovations Limited as it launches its public offering of equity shares with a face value of ₹1 each.
The Anchor Investor Bidding Date for the Wakefit Innovations IPO has been fixed for Friday, December 5, 2025, followed by the Bid/Offer Closing Date on Wednesday, December 10, 2025.
Wakefit Innovations IPO: Price Band, Lot Size and Key Dates
The Wakefit Innovations IPO will be offered within a price band of ₹185 to ₹195 per equity share. Investors can place bids for a minimum of 76 equity shares and in multiples of 76 thereafter.
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According to the Red Herring Prospectus dated November 29, 2025, the public issue consists of a Fresh Issue aggregating to ₹3,771.78 million along with an Offer for Sale of up to 46,754,405 equity shares by existing shareholders.
The Offer for Sale includes shares from promoter selling shareholders Ankit Garg (up to 7,729,488 equity shares) and Chaitanya Ramalingegowda (up to 4,452,185 equity shares).
Other selling shareholders include Nitika Goel, Peak XV Partners Investments VI, Redwood Trust, Verlinvest S.A., SAI Global India Fund I LLP, and Paramark KB Fund I.
Wakefit Innovations IPO Allocation Structure
The Wakefit Innovations IPO will follow the Book Building Process under Regulation 6(2) of the SEBI ICDR Regulations. As mandated, not less than 75% of the offer is reserved for Qualified Institutional Buyers (QIBs).
Up to 60% of the QIB portion may be allocated to Anchor Investors on a discretionary basis, with one-third of the Anchor Investor Portion reserved for domestic mutual funds, subject to valid bids at or above the anchor allocation price.
If any shares remain unsubscribed in the Anchor Investor Portion, they will be added back to the Net QIB Portion. Additionally: 5% of the Net QIB Portion is reserved exclusively for mutual funds.
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Not more than 15% of the offer is allocated to Non-Institutional Bidders (NIBs), split into two categories:
- One-third for applications above ₹0.20 million up to ₹1.00 million
- Two-thirds for applications above ₹1.00 million
- Not more than 10% of the offer is allocated to Retail Individual Bidders (RIBs).
All bidders, except Anchor Investors, must use the ASBA process or UPI mechanism for submitting applications.
Wakefit Innovations IPO: Listing and Lead Managers
The equity shares of Wakefit Innovations Limited under the Wakefit Innovations IPO are proposed to be listed on BSE and NSE.
The Book Running Lead Managers for the IPO are Axis Capital Limited, IIFL Capital Services Limited, and Nomura Financial Advisory and Securities (India) Private Limited.
