IPO

IPO Synopsis

Wakefit Innovations Ltd
Registered Office: Umiya Emporium 97-99 2&4 Floor,Adugodi Tavarekere Hosur Road , Bangalore - 560029 , Karnataka , India.
Phone : 080 6733 5544   Fax:
Email :  investorscompliance@wakefit.co  
Website :  www.wakefit.co
Initial public offering of 66,096,866 equity shares of face value of Re.1/- each ("equity shares") of Wakefit Innovations Limited ( "company") for cash at a price of Rs195.00 per equity share (including a share premium of Rs194.00 per equity share) ("offer price") aggregating to Rs1288.89 crores comprising a fresh issue of 19,342,461 equity shares of face value of Re.1/- each aggregating to Rs377.18 crores by the company ("fresh issue") and an offer for sale of 46,754,405 equity shares of face value of Re.1/- each aggregating to Rs911.71 crores by the selling shareholders, consisting of 7,729,488, equity shares of face value of Re.1/- each aggregating Rs150.73 crores by Ankit Garg, 4,452,185 equity shares of face value of Re.1/- each aggregating to Rs86.82 crores by Chaitanya Ramalingegowda (collectively "the promoter selling shareholders"), 899,205 equity shares aggregating to Rs17.53 crores by Nitika Goel, 20,374,774 equity shares aggregating to Rs397.31 crores by Peak XV Partners Investments VI, 138,047 equity shares aggregating to Rs2.69 crores by redwood trust, 10,193,506 equity shares aggregating to Rs198.77 crores by Verlinvest S.A., 413,150 equity shares aggregating to Rs8.06 crores by Sai Global India Fund i, LLP, and 2,554,050 equity shares aggregating to Rs49.80 crores by Paramark KB Fund I (collectively the "other selling shareholders") (the promoter selling shareholders and the other selling shareholders, collectively reffered to as the "selling shareholders" and such equity shares so offered by the selling shareholders, the "offered shares" and such offer, the "offer for sale" and together with the fresh issue, the "offer". The company, in consultation with the book running lead managers, undertook a private placement of 2,871,794 equity shares at an issue price of Rs195.00 per equity share of face value of Re.1/- (including a premium of Rs194.00 per equity share of face value of Re.1 each) aggregating to Rs56.00 crores. The size of the fresh issue has been adjusted to Rs377.18 crores . The company had intimated the subscribers to the pre-ipo placement that the company is contemplating the offer and that there is no guarantee that the company may proceed with the offer, or that the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment was done solely at their own risk.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-25 10-Dec-25 Rs 195.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :76  Further Multiples of :76
  (Rs Cr) Lead Managers to the Issue
Project Cost 349.20
Axis Capital Limited
Project Financed through Current Offer 1288.89
Post Issue Equity Share Capital 32.68
Issue Price Rs 195.00
Projects
Capital expenditure to be incurred by our Company for setting up of 117 new COCO - Regular Stores Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand
Expenditure for lease, sub-lease rent and license fee payments for its existing COCO - Regular Stores General corporate purposes
Capital expenditure to be incurred by its Company for purchase of new equipment and machinery
Promoted By Listing At Registrar to the Issue
  Ankit Garg
  Chaitanya Ramalingegowda
 BSE
 NSE
No Data Found.

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