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Wakefit's Upcoming IPO: All You Need to Know About the ₹1,288 Crore Offering
Wakefit is set to raise ₹1,288 crore in its IPO, with a reduced fresh issue of ₹377.
Wakefit, a leading home and sleep solutions company, is set to raise ₹1,288 crore through its initial public offering (IPO), which is set to open soon. The IPO includes a fresh issue of shares worth ₹377.18 crore, which is lower than the ₹468 crore initially proposed in the draft prospectus filed in June 2025. The company’s cofounders, Ankit Garg and Chaitanya Ramalingegowda, hold significant stakes in the company, with Garg owning 33.03% (valued at ₹2,012 crore) and Ramalingegowda owning 9.98% (valued at ₹608 crore).