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Wakefit Innovations IPO: A High-Risk Investment with Long-Term Potential
Wakefit's IPO offers growth potential but comes with high-risk factors like raw material price volatility, making it a suitable bet for long-term, high-risk investors.
Wakefit Innovations, a leading home furnishing company, plans to raise over ₹1,288 crore through its IPO, which includes ₹377.2 crore via a fresh issue and ₹911.7 crore through an offer for sale. Despite facing raw material price volatility, the company has turned profitable in the six months to September 2025, after three years of losses.