Wakefit Innovations IPO Overview
Wakefit Innovations Limited (the company behind the popular D2C brand Wakefit.co, specializing in mattresses, furniture, and home furnishings) successfully completed its main-board IPO in December 2025.
Key Details:
Issue Size: ₹1,288.89 crore
Fresh issue: ₹377.18 crore
Offer for Sale (OFS): ₹911.71 crore
Price Band: ₹185–195 per share (fixed at upper band of ₹195 for allocation)
Lot Size: 76 shares (minimum retail investment: ₹14,820 at upper band)
Subscription Dates: December 8–10, 2025
Anchor Raise: ₹580 crore (prior to opening)
Subscription Status: Overall, 2.52 times (Retail: 3.17x; QIB: 3.04x)
Allotment Date: December 11, 2025
Listing Date: December 15, 2025 (on BSE and NSE)
Listing Performance:
The shares made a muted/flat debut yesterday (December 15, 2025):
- Listed at ₹195 on NSE (exactly at issue price)
- Listed at ₹194.10 on BSE (slight discount of ~0.5%)
During the day, the stock fell to a low of around ₹177 before recovering somewhat.
As of the latest reports from December 15, investor response was cautious amid market volatility, with no significant listing gains despite modest pre-listing grey market premium (GMP around ₹4–7).
The company plans to use fresh proceeds for expanding offline stores (COCO model), lease payments, marketing, and general purposes. Wakefit has shown revenue growth (over ₹1,000 crore in recent years) and recent profitability improvement but remains in an expansion phase with ongoing investments in retail presence.
The stock is now publicly traded under the ticker for Wakefit Innovations on BSE/NSE. For current share price or further updates, check stock exchanges or financial platforms.
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Meesho IPO: Latest Updates as of December 12, 2025
Meesho, the SoftBank-backed Indian e-commerce platform targeting value-conscious consumers and small merchants, successfully completed its highly anticipated IPO in early December 2025. The offering, valued at ₹5,421.20 crore (approximately $606 million), marked one of India's most subscribed public issues this year, reflecting strong investor enthusiasm for the e-commerce sector. Below is a comprehensive overview of the key developments, based on recent reports.
IPO Timeline and Key Details
The IPO allocation reserved 75% for QIBs, 15% for non-institutional investors (HNIs), and 10% for retail investors. Anchor investors, including funds from Elevation Capital and Peak XV Partners, bid on December 2, 2025.
Listing Performance and Post-Listing Update
Meesho made a blockbuster debut on December 10, 2025, with shares listing at ₹162.50 on both NSE and BSE—a 46.4% premium over the issue price. The stock surged as high as ₹171.84 during the day, closing at around ₹170, pushing the company's market capitalization to ~₹789 billion ($8.78 billion). This valued Meesho significantly higher than its last private valuation of $5 billion in 2021.
Day 1 Gains: Up to 58% intraday; strong demand from institutional buyers highlighted the appeal of Meesho's zero-commission model and focus on mass-market fashion/lifestyle.
Day 2 (December 11): Shares traded flat, stabilizing after the initial pop, amid broader market volatility. Analysts noted this as typical post-IPO consolidation, with long-term potential in ad-led revenue growth (currently 2.5% of GMV vs. global 5-10%).
As of December 12, no major new developments have emerged, but the stock remains in focus for its scalability in India's $70 billion e-commerce market, projected to hit $174-214 billion by 2030.
Financial Highlights and Business Overview
Meesho, founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, operates as a social commerce platform connecting sellers, buyers, logistics, and creators. It claims the top spot in India for order volume (1.83 billion in FY25) and annual transacting users (198.77 million as of June 2025), per Redseer.
Revenue: ₹55.78 billion in H1 FY26 (up 29.4% YoY).
Losses: Narrowed 72.1% to ₹7 billion in H1 FY26 (from ₹25.13 billion YoY), with full FY25 losses at ₹39.42 billion.
Proceeds Use: Primarily for cloud infrastructure, marketing, and tech enhancements to boost its asset-light model.
Peers & Valuation: At listing, traded at ~4.5x Price/Sales (vs. peers at 7x); analysts like Motilal Oswal and InCred rate it "Subscribe" for medium-term growth.
Market Context
Meesho's IPO contributes to India's record-breaking 2025 fundraising, expected to exceed 2024's $20.5 billion. It follows debuts by peers like Groww, Lenskart, and PhysicsWallah, underscoring a boom in consumer-tech listings despite profitability concerns.
For allotment status checks, visit KFin Technologies, NSE, or BSE portals. Investors should monitor ongoing trading for volatility, as short-term profit-booking is advised by some experts. This e-commerce surge signals robust confidence in India's digital retail expansion.
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