Wakefit IPO allotment status: Steps to check status, listing date and other key details

Wakefit Innovations Ltd. is scheduled to finalise the share allotment status for its initial public offering (IPO) on December 11, following the closure of the bidding window. The mainboard issue was overall

booked 2.52 times on the third day of bidding on Wednesday.

The ₹1,288.9-crore IPO was open for subscription from December 8 to December 10.

The Wakefit IPO received bids for more than 9.16 crore shares against 3.63 crore shares on offer, as per the NSE data. The Qualified Institutional Buyers (QIBs) booked their category 3.04 times, while the Non-Institutional Investors’ (NIIs) segment was fully subscribed. The retail portion of the IPO was booked 3.17 times.

The Wakefit Innovations IPO was a combination of a fresh issue of 1.93 crore shares, worth ₹377.18 crore, and an offer-for-sale (OFS) portion of 4.68 crore shares, aimed at raising ₹911.71 crore. The IPO price band was fixed at ₹185 to ₹195 per share.  The lot size for an application was 76. The minimum investment amount for retail investors was ₹14,820 for a single lot size per application.

Investors can check the Wakefit IPO allotment status on the NSE, BSE and the official website of the issue registrar, MUFG Intime India.

Steps to check Wakefit India IPO share allotment on the BSE

• Open the BSE IPO allotment page: https://bseindia.com/investors/appli_check.aspx


• Select 'Equity' as the issue type


• Choose ‘Wakefit Innovations Ltd’ as the issue name


• Enter your IPO application number or PAN


• Click on ‘Search’ to view your share allotment status

Steps to check IPO allotment status on MUFG Intime India

• Go to the MUFG Intime India website and open the IPO allotment page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html


• From the dropdown menu, select ‘Wakefit Innovation Ltd' from the list of companies


• Select PAN, application number, DP/Client ID or Account Number/IFSC for verification


• Enter details as per your selection


• Click on the 'Submit' button to check the allotment status

The IPO allotment status can also be checked via the NSE website using the PAN and application number.

After finalising the share allocation, the company is scheduled to process refunds on December 12. Shares will also be transferred to the Demat accounts of successful bidders on the same day.

The IPO listing date has been tentatively fixed as December 15. Shares of Wakefit Innovations Ltd will be listed on the BSE and NSE.

The company has proposed to utilise IPO funds for capital expenditure for setting up new stores. A portion of the funds will also be used for lease and licence fee payments for existing stores. The company will also allocate IPO funds for marketing activities and general corporate purposes.  

About Wakefit Innovations  

Wakefit Innovations Ltd is a leading home and sleep solutions provider. The company is primarily engaged in the production and supply of its affordable range of mattresses, furniture and home decor products. Wakefit’s product portfolio includes mattresses, pillows, beds, sofas, study tables, wardrobes and other furniture items.