About
Wakefit Innovations is India’s largest D2C home and furnishings company, operating as a full-stack vertically integrated business that controls every aspect from product design and manufacturing to distribution and customer experience across omnichannel touchpoints.
The company offers comprehensive home solutions across three major categories: mattresses (including memory foam, latex, and smart sleep technology), furniture (beds, sofas, wardrobes, dining sets, and office furniture), and furnishings (pillows, home essentials, décor, and kitchenware).
IPO schedule
| Issue open date |
2025-12-08 |
| Issue close date |
2025-12-10 |
| UPI mandate deadline |
2025-12-10 (5 PM) |
| Allotment finalization |
2025-12-11 |
| Refund initiation |
2025-12-12 |
| Share credit |
2025-12-12 |
| Listing date |
2025-12-15 |
| Mandate end date |
2025-12-25 |
| Lock-in end date for anchor investors (50%) |
2026-01-10 |
| Lock-in end date for anchor investors (remaining) |
2026-03-11 |
Financials
| Financial Year Ended |
March 2024 |
March 2025 |
September 2025 |
| Total Assets |
928.30 |
1050.75 |
1220.34 |
| Revenue |
1017.33 |
1305.43 |
741.30 |
| Profit After Tax |
-15.05 |
-35 |
35.57 |
Issue size
| Funds Raised in the IPO |
Amount |
| Total issue size |
1288.89 |
| Fresh Issue - Proceeds go to the company |
377.18 |
| Offer for sale - Proceeds go to the existing investors |
911.71 |
Utilisation of proceeds
| Purpose |
INR crores (%) |
| Capital expenditure to set up 117 stores |
30.84 (8.17%) |
| Expenditure for lease or sublease rent for existing stores |
161.47 (42.81%) |
| Capital expenditure for purchase of new equipment and machinery |
15.41 (4.08%) |
| Marketing and advertisement expenses |
108.40 (28.75%) |
| General corporate purposes |
61.06 (16.19%) |
Strengths
- Fully vertically integrated operations with 5 manufacturing facilities controlling design, production and distribution.
- Strong omnichannel presence with 125 COCO stores, website and 1,107 MBOs reaching 700+ districts.
- Turned profitable with ₹35.57 crore profit in H1 FY26 and 28% revenue growth to ₹1,274 crore in FY25.
- Largest D2C home and furnishings company in India by revenue, with 2M+ customers across 19,000+ pin codes.
- 55% revenue from owned channels (website and stores) reduces marketplace dependency.
Risks
- Heavy dependence on the mattresses category, which contributes 62% of total revenue.
- No long-term supplier contracts expose the company to raw material price volatility and supply disruptions.
- Aggressive expansion of 117 new stores requiring ₹161 crore in lease commitments remains unproven at scale.
- The company relies entirely on third-party logistics providers for product transportation with no in-house distribution network.
- Operating in a highly fragmented and competitive market with low entry barriers, facing competition from both legacy retailers and new D2C brands.
Allotment Status for Wakefit Innovations
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
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