Wakefit Innovations Limited will open its initial public offering on December 8, 2025, with subscriptions closing on December 10. Anchor bidding will be held on December 5. The company has set the price band at ₹185–₹195 per equity share.
The IPO includes a fresh issue of ₹3,771.78 million and an Offer for Sale of 46,754,405 shares by promoters and investors. Promoters Ankit Garg and Chaitanya Ramalingegowda will sell over 12 million shares in total. Other shareholders participating in the OFS include Peak XV Partners, Verlinvest S.A., Nitika Goel, Redwood Trust, SAI Global India Fund I LLP and Paramark KB Fund I.
The issue will follow the Book Building Process with 75% reserved for QIBs, 15% for NIBs, and 10% for retail investors. Minimum bid size is 76 shares.
Shares will be listed on BSE and NSE, with Axis Capital, IIFL Capital Services and Nomura acting as Book Running Lead Managers.
