BSE
Your Result on : IPO Synopsis
Wakefit Innovations Ltd
Registered Office: Umiya Emporium 97-99 2nd Flr,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 up to [*] equity shares of face value of Re.1/- each ("Equity Shares") of Wakefit Innovations Limited ("Company") for cash at a price of (Rs) [*] per equity share (including a share premium of (Rs) [*] per equity share) ("Offer Price") aggregating up to (Rs) [*] crores comprising a fresh issue of up to [*] equity shares of face value of (Rs)1/- each aggregating up to (Rs) 468.22 crores by the company ("Fresh Issue") and an offer for sale of up to 58,399,085 equity shares of face value of Re.1/- each aggregating up to (Rs) [*] crores by the selling shareholders, consisting of up to 7,729,488, equity shares of face value of Re.1/- each aggregating up to (Rs)[*] crores by Ankit Garg, up to 4,452,185 equity shares of face value of Re.1/- each aggregating up to (Rs)[*] crores by Chaitanya Ramalingegowda (Collectively "the Promoter Selling Shareholders"), up to 719,364 equity shares aggregating up to (Rs)[*] crores by Nitika Goel, up to 25,061,428 equity shares aggregating up to (Rs)[*] crores by Peak XV Partners Investments VI, up to 169,800 equity shares aggregating up to (Rs)[*] crores by Redwood Trust, up to 10,193,506 equity shares aggregating up to (Rs)[*] crores by Verlinvest S.A., up to 826,300 equity shares aggregating up to (Rs)[*] crores by Sai Global India Fund i, LLP, up to 5,455,909 equity shares aggregating up to (Rs)[*] crores by Investcorp Growth Equity Fund, up to 726,245 equity shares aggregating up to (Rs)[*] crores by Investcorp Growth Opportunity Fund, and up to 3,064,860 equity shares aggregating up to (Rs)[*] 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, may consider a pre-ipo placement aggregating up to (Rs) 93.64 crores, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the book running lead managers. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer, or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken) shall be appropriately made in the relevant sections. This offer includes a reservation of up to [*] equity shares of face value Re.1/- each (Constituting up to [*]% of the postoffer paid-up equity share capital) for subscription by eligible employees (the "Employee Reservation Portion") and net offer of up to [*] equity shares of face value Re.1/- each. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Re.1/- each. The offer price is [*] times the face value of the equity shares. The price band, and the minimum bid lot shall be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-25 10-Dec-25 185.00-195.00 0.00-0.00
Minimum Application for shares in Nos : 76   Further Multiples of : 76
  (Rs.Cr) Lead Managers to the Issue
Project Cost 0.00 Axis Capital Limited
Project Financed through Current Offer 0.00  
Post Issue Equity Share Capital 32.68  
Issue Price 185.00  
Projects
Capital expenditure to be incurred by our Company for setting up of 117 new COCO - Regular Stores and one COCO - Jumbo Store Expenditure for lease, sublease rent and license fee payments for our existing COCO - Regular Stores
Capital expenditure to be incurred by our 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
Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)