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Wakefit Innovations IPO Subscription Day 1

Posted by : sachet | Mon Dec 08 2025

Wakefit Innovations IPO Subscription Day 1

Here, the Wakefit Innovations IPO launched on 8th December 2025. Bidding for the issue will close today, 10th December 2025. The primary aim of the Wakefit Innovations IPO is to raise ₹1,288.89 crores from the market. Also, the Wakefit Innovations IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Wakefit Innovations IPO subscription and details. 

Wakefit Innovations IPO Details 

IPO Open Date8th December 2025
Face Value ₹1 per share
Price Band₹185 to ₹195 per share
Lot Size76 Shares
Issue TypeBookbuilding Issue
Listing AtBSE & NSE
IPO Close Date 10th December 2025
Listing Date 15th December 2025

The price band for Riddhi Display Equipment’s IPO has been set at ₹185 to ₹195 per share, and a total of 1,200 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

CategoriesShares OfferedShares Percentage
QIB Shares Offered 4,95,72,65075.00%
NII (HNI) Shares Offered99,14,53015.00%
Retail Shares Offered66,09,68710.00%
Total Shares Offered 6,60,96,867100.00%

Wakefit Innovations IPO Subscription Status

As of now, the Wakefit Innovations IPO has been subscribed to 0.16 times. Of these, 0.76 times are subscribed by retail investors, 0.07 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Riddhi Display Equipment’s IPO listing on 15th December 2025. Wakefit Innovations also has a positive outlook behind the fresh issue of  shares, which will raise around Rs 1,288.89 crores.

Wakefit Innovations IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Wakefit Innovations IPO GMP for 8th December 2025. 

The grey market premium for this IPO has surged to 0.00% or Rs 15.00 per share. It indicates that the estimated listing price per share is Rs 191.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
10-12-2025
9-12-2025
8-12-2025₹195.00₹5.00₹200.002.56%
7-12-2025₹195.00₹36.00₹231.0018.46%
6-12-2025₹195.00₹36.00₹231.0018.46%
5-12-2025₹195.00₹36.00₹231.0018.46%
4-12-2025₹195.00₹36.00₹231.0018.46%
3-12-2025₹195.00₹36.00₹231.0018.46%
2-12-2025₹195.00₹36.00₹231.0018.46%

About Wakefit Innovations Ltd.

Wakefit Innovations was established in 2016. Wakefit Innovations Limited is an 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 intermediaries 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.

Wakefit Innovations Limited Financials

The company’s financial analysis is essential before applying for the Wakefit Innovations IPO. Look at the table to learn about Wakefit Innovations Limited’s financials. 

Year Ended30th Sep 2025 (in cr.)31st March 2025 (in cr.)31st March 2024
Assets1,220.341,050.75928.80
Revenue741.301,305.431,017.33
Profit After Tax35.57-35.00-15.50
EBITDA103.1990.8365.85
Net Worth557.34520.57543.61
Reserves and Surplus522.34500.27523.33
Total Borrowings7.36

Explanation

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.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Wakefit Innovations IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 
EPS (Earnings Per Share)
RoNW-6.72%
ROCE-0.68%
ROE-6.58%
EBITDA Margin7.13%
Price to Book Value
Market Capitalisation₹6,373.16

Wakefit Innovations IPO Listing Expectations

Wakefit Innovations IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 2.56% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 200.00.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Wakefit Innovations IPO Dates

IPO Open Date8th December 2025
IPO Close Date10th December 2025
Allotment11th December 2025
Refund Date12th December 2025
IPO Listing Date15th December 2025

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.

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