Wakefit Innovations Ltd’s IPO to open on Dec 8

Ahmedabad: Wakefit Innovations Limited plans to open its initial public offering of Equity Shares of face value ₹1 each on Monday, December 8, 2025. The Anchor Investor bidding date is Friday, December 5, 2025, one working day prior to the opening. The Bid/Offer will close on Wednesday, December 10, 2025, an official statement said.

According to the company, the price band for the offer has been fixed at ₹185 to ₹195 per Equity Share. Bids can be made for a minimum of 76 Equity Shares and in multiples of 76 thereafter.

The Initial Public Offering comprises a fresh issue of Equity Shares aggregating up to ₹3,771.78 million and an offer for sale of up to 46,754,405 Equity Shares by the selling shareholders. This includes up to 7,729,488 Equity Shares by Ankit Garg and up to 4,452,185 Equity Shares by Chaitanya Ramalingegowda; up to 899,205 Equity Shares by Nitika Goel; up to 20,374,774 Equity Shares by Peak XV Partners Investments VI; up to 138,047 Equity Shares by Redwood Trust; up to 10,193,506 Equity Shares by Verlinvest S.A.; up to 413,150 Equity Shares by SAI Global India Fund I, LLP; and up to 2,554,050 Equity Shares by Paramark KB Fund I, the company further said.

The Equity Shares of the company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.

Axis Capital Limited, IIFL Capital Services Limited and Nomura Financial Advisory and Securities India Private Limited are the Book Running Lead Managers to the offer. DeshGujarat