Wakefit Innovations IPO GMP: Day 1 IPO Live Updates

The Wakefit Innovations IPO GMP is ₹5.00 as of 8th December 2025. It is a bookbuilding IPO of ₹1,288.89 crores. This is an entirely fresh issue of 1.93 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 15th December 2025. The face value of Riddhi Display Equipment’s IPO shares is ₹1 per share, and the IPO price band is ₹185 to ₹195 per share. Retail investors can bid for a minimum of 1 lot of 76 shares worth ₹14,820.

Wakefit Innovations IPO GMP Grey Market Premium

As mentioned earlier, the Wakefit Innovations IPO GMP currently stands at ₹5.00 per share. Thus, the estimated listing price would be flat at ₹200.00. This indicates that the estimated listing gain in this IPO could be 1.00%. Explore the table for Riddhi Display Equipment IPO GMP updates.

Note: GMP details are subject to change based on market conditions and fluctuations. Check live Wakefit Innovations IPO GMP status at Univest

Wakefit Innovations IPO Details

Also Read: Wakefit Innovations IPO GMP & Review: Apply or Avoid?

Explanation

Wakefit Innovations IPO: Wakefit Innovations IPO Limited has declared an issue price band of ₹185 to ₹195 per share. With this IPO, the company allows retail investors to bid for at least 1 lots of 76 shares, each worth ₹14,820. The face value of Wakefit Innovations IPO Limited shares is ₹1 per share. The shares of Wakefit Innovations IPO Limited will be listed on BSE and NSE on its tentative listing day, 15th December 2025. Scroll down to check GMP updates and Wakefit Innovations IPO reviews. 

Wakefit Innovations IPO Objectives

The primary aim of the Wakefit Innovations IPO is to raise ₹1,288.89 crores. On the other hand, Wakefit Innovations has decided to utilise these funds in different ways.

• Capital expenditure to be incurred by our Company for setting up 117 new COCO – Regular Stores
• Expenditure for lease, sub-lease rent and license fee payments for our existing COCO – Regular Stores
• Capital expenditure to be incurred by our Company for the purchase of new equipment and machinery
• Marketing and advertising expenses toward enhancing the awareness and visibility of our brand
• General corporate purposes

Wakefit Innovations IPO Registrar

According to recent updates, MUFG Intime India Private Limited is the registrar for the Wakefit Innovations IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Wakefit Innovations allotment and refund, you can contact MUFG Intime India Private Limited at wakefitinnovations.ipo@in.mpms.mufg.com or +91-22-4918 6270.

Wakefit Innovations IPO Review

The Wakefit Innovations IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Wakefit Innovations Limited’s revenue soared by 28% from ₹1,017.33 crores in March 2024  to ₹1,305.43 crores in March 2025. Moreover, the company’s PAT decreased by 133% from -₹15.05 crores in March 2024 to -₹35.00 crores in March 2025. Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Wakefit Innovations IPO or not.

Wakefit Innovations IPO Technicals

The PE ratio of Wakefit Innovations Limited shares is [.], and its Earnings Per Share (EPS) stands at [.]. Thus, the Wakefit Innovations IPO can deliver gains on its tentative listing date, 15th December 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Wakefit Innovations Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

FAQs on Wakefit Innovations IPO

What is the Wakefit Innovations IPO GMP?

Currently, on 8th December 2025, the Wakefit Innovations IPO GMP (Grey Market Premium) stands at ₹5. This indicates that the estimated listing price could be ₹200 per share.

What is the issue price of Riddhi Display Equipment’s IPO?

The Wakefit Innovations IPO issue price band is set at ₹185.00 to ₹195.00 per share. Retail investors can apply for a minimum of 1 lots, each consisting of 76 shares, worth ₹14,820. Moreover, HNIs are required to bid for a minimum of 14 lots (1,064 shares) worth ₹2,07,480.

Who is the registrar of Riddhi Display Equipment’s IPO?

MUFG Intime India Private Limited is the registrar for the Wakefit Innovations IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Wakefit Innovations allotment and refund, you can contact MUFG Intime India Private Limited at wakefitinnovations.ipo@in.mpms.mufg.com or +91-22-4918 6270.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Wakefit Innovations IPO, download the Wakefit Innovations IPO RHP and Wakefit Innovations IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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