• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Wakefit Innovations Ltd
Registered Office:
Umiya Emporium 97-99 2&4 Floor,Adugodi Tavarekere Hosur Road,
Bangalore - 560029,
Karnataka, India.
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 (Rs)195.00 per equity share (including a share premium of (Rs)194.00 per equity share) ("offer price") aggregating to (Rs)1288.89 crores comprising a fresh issue of 19,342,461 equity shares of face value of Re.1/- each aggregating to (Rs) 377.18 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 (Rs)911.71 crores by the selling shareholders, consisting of 7,729,488, equity shares of face value of Re.1/- each aggregating (Rs)150.73 crores by Ankit Garg, 4,452,185 equity shares of face value of Re.1/- each aggregating to (Rs)86.82 crores by Chaitanya Ramalingegowda (collectively "the promoter selling shareholders"), 899,205 equity shares aggregating to (Rs)17.53 crores by Nitika Goel, 20,374,774 equity shares aggregating to (Rs)397.31 crores by Peak XV Partners Investments VI, 138,047 equity shares aggregating to (Rs)2.69 crores by redwood trust, 10,193,506 equity shares aggregating to (Rs)198.77 crores by Verlinvest S.A., 413,150 equity shares aggregating to (Rs)8.06 crores by Sai Global India Fund i, LLP, and 2,554,050 equity shares aggregating to (Rs)49.80 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 (Rs)195.00 per equity share of face value of Re.1/- (including a premium of (Rs)194.00 per equity share of face value of Re.1 each) aggregating to (Rs)56.00 crores. The size of the fresh issue has been adjusted to (Rs)377.18 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
195.00-0.00
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
1288.89
 
Post Issue
32.68
 
Issue Price
195.00
 
Projects
Capital expenditure to be incurred by our Company for setting up of 117 new COCO - Regular Stores
Expenditure for lease, sub-lease rent and license fee payments for its existing COCO - Regular Stores
Capital expenditure to be incurred by its Company for purchase of new equipment and machinery
Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand
General corporate purposes
Promoted By
Ankit Garg
Chaitanya Ramalingegowda
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355 Head Office – 114, New Delhi House, 27 Barakhamba Road, Delhi 110001 011-43606162 compliance@dbonline.in
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 201002 0120-4150393 ghaziabad@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"