Wakefit Solutions IPO Listing Performance
Wakefit Solutions’ shares opened in the stock market on Monday, December 15, and it was nothing more than a muted entry. The stock was listed right at the upper end of the IPO price band of ₹195, which meant that the allottees of the IPO did not reap any immediate profits from the listing.
Before the big day, the stocks were trading at a Grey Market Premium (GMP) of ₹7, giving investors a minor and perhaps annoying hint of excitement. So, no fireworks yet, but the road has been paved! If you were dreaming of quick wealth, don’t give up, sometimes the real celebration happens later. Just keep watching your portfolio!
Wakefit Solutions IPO: Subscription, Issue Size, and Key Details at a Glance
| Category | Details |
|---|---|
| Overall Subscription | 2.52 times |
| Retail Investors | 3.17 times |
| Qualified Institutional Buyers (QIBs) | 3.04 times |
| Non-Institutional Investors (NIIs) | 1.05 times |
| Total Funds Raised | ₹1,288.89 crore |
| Fresh Issue | 1.93 crore shares worth ₹377.18 crore |
| Offer for Sale (OFS) | 4.68 crore shares worth ₹911.71 crore |
| Lot Size | 76 shares |
| Minimum Retail Investment | ₹14,820 (at upper price band) |
| IPO Open for Subscription | December 8–10, 2025 |
| Price Band | ₹185–₹195 per share |
Use of IPO Proceeds: How Wakefit Plans to Put Every Rupee to Work
Wakefit Solutions isn’t just utilizing its IPO funds; instead, they look at the future in a big way!
The operations plan for opening 117 new COCO-regular stores is the first step because they are also going to cover the leases and rentals of the existing stores. This means that no one will be restless because of bills. New equipment and machinery? A big yes, it is time for upgrading and streamlining the operation. Additionally, marketing and advertising will be the recipients of a big increase; hence everyone will know Wakefit is the name that should be remembered.
And as if that is not enough, the last but not least part will be the general corporate expenses which get a slice of the funds. Therefore, the business will always be operating very smoothly. To put it simply, the IPO money is working really hard so that you do not have to!
(With Inputs)
Also Read: Stocks To Watch Today: Swiggy, BEL, Wakefit, Corona Remedies, Dr Reddys Labs,…
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
