By , ET OnlineLast Updated: Jun 27, 2025, 11:48:00 AM IST

aggregating up to Rs 93.6 crore prior to the filing of the Red Herring Prospectus with the ROC. If the pre-IPO placement is undertaken, the size of the fresh issue will be reduced to the extent of such placement.

Axis Capital Limited, IIFL Capital Services Limited, and Nomura Financial Advisory and Securities (India) Private Limited are the Book Running Lead Managers to the issue. The equity shares of the company are proposed to be listed on both the BSE and NSE.Wakefit, incorporated in 2016, is the fastest-growing homegrown player in India’s home and furnishings market among organized peers to have achieved total income exceeding Rs 1,000 crore as of March 31, 2024.It offers a wide range of mattresses, furniture, and furnishings, sold through both its own channels (including its website and COCO stores) and external channels (such as major e-commerce platforms and multi-brand outlets). As a full-stack, vertically integrated company, Wakefit controls every aspect of its operations, from conceptualizing, designing, and engineering products to manufacturing, distributing, and providing customer experience and engagement.

The company reported revenue from operations of Rs 986.3 crore in FY24 and Rs 971 crore for the nine-month period ended December 31, 2024.