Bengaluru-based Wakefit made a muted debut on Dalal Road on Monday, itemizing at its IPO challenge value on the NSE and marginally beneath it on the BSE. The inventory opened at Rs 195 on the NSE and at Rs 194.1 on the BSE.

The Rs 1,289 crore challenge had a value band of Rs 185-Rs 195 per share.

The #NSEBell has rung within the celebration of the itemizing of Wakefit Improvements Restricted at our change @nseindia.#NSEIndia#listing#IPO#StockMarket#ShareMarket#WakefitInnovationsLimited@ashishchauhanpic.twitter.com/gOJpol9Uyi

— NSE India (@NSEIndia) December 15, 2025

Though Wakefit noticed a sluggish begin through the first two days of its IPO opening, it was absolutely subscribed on the ultimate day, with practically 2.52x subscription, primarily led by QIB and retail buyers. General, it acquired 2.33 lakh IPO functions.

The certified institutional patrons (QIB) section led the demand with 3.04x subscription, bidding for greater than 6 crore shares in opposition to 1.98 crore on provide. The retail investor class was subscribed 3.17x, with bids for about 2.09 crore shares in opposition to 66 lakh accessible.

As compared, the non-institutional investor (NII) class noticed a muted response, recording 1.05x subscription.

Wakefit Improvements IPO was a e-book construct challenge of Rs 1,288.89 crores. The problem comprised a contemporary challenge of Rs 377 crore (1.93 crore shares) and an offer-for-sale (OFS) of Rs 912 crore (4.67 crore shares).

Based in 2016, the corporate has grown into one in every of India’s quickest house and furnishings manufacturers to cross Rs 1,000 crore in whole earnings by FY24. It sells mattresses, furnishings and furnishings by means of its personal web site, its community of COCO shops and on-line marketplaces.

The corporate operates 5 manufacturing models in Bengaluru, Hosur and Sonipat, outfitted with automation techniques akin to robotic arms and curler belts to scale back waste and velocity up manufacturing. Wakefit reported Rs 724 crore in working income and Rs 35.5 crore in revenue for the six months ended September 30, 2025.

How did Wakefit carry out on its first day of itemizing?

Whereas Wakefit’s shares listed flat, they touched an intraday excessive of Rs 203.50 within the afternoon. The inventory ended its first buying and selling day at Rs 192.29 on the NSE and Rs 192.30 on the BSE.