Wakefit Innovations IPO Shows Weak Response, Subscribed 0.39x on Day 2

Wakefit Innovations Limited's initial public offering (IPO) has demonstrated weak investor interest through its second day of subscription. The stock price band is set at ₹185-195 per share. The ₹1,288.89 crore IPO reached 0.39 times by 4:59:35 PM on day two. 

Wakefit Innovations IPO retail segment leads with moderate 1.77 times subscription. Non-institutional investors show weak interest at 0.25 times. Qualified institutional buyers display negligible participation at 0.00 times. 

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Wakefit Innovations IPO subscription reached weak 0.39 times on day two. It was led by Retail Investors (1.77x), Non-Institutional Investors (0.25x), and Qualified Institutional Buyers Ex-Anchor (0.00x).

Subscription Status of Wakefit IPO:

Here are the subscription details for Wakefit Innovations IPO as of Day 2 (December 9, 2025, 4:59:35 PM):

Key Highlights - Day 2:

• Overall subscription reached weak 0.39 times, showing modest improvement from day one's 0.16 times
• Retail investors displaying moderate confidence at 1.77 times, building substantially from day one's 0.77 times, indicating improved retail interest for this D2C home and sleep solutions provider
• Non-institutional investors showing weak performance at 0.25 times, improving from day one's 0.07 times but still indicating subdued HNI appetite
• Qualified institutional buyers (ex-anchor) showing negligible participation at 0.00 times, maintaining from day one's 0.00 times, indicating virtually no institutional interest
• Cumulative bid amount reached ₹276.38 crores, significantly below the net offer size of ₹708.89 crores (excluding anchor portion)
• Anchor investors fully subscribed their allocation of ₹580.00 crores on December 5, 2025

Wakefit Innovations IPO - Day 1 Subscription at 0.16 Times

Key Highlights - Day 1:

• Overall subscription reached weak 0.16 times, showing very cautious initial investor interest
• Retail investors displaying weak confidence at 0.77 times, indicating subdued retail appetite
• Non-institutional investors showing negligible performance at 0.07 times, indicating very weak HNI interest
• Qualified institutional buyers showing negligible participation at 0.00 times, indicating virtually no institutional interest
   

About Wakefit Innovations Limited

Incorporated in 2016, Wakefit Innovations Limited is an Indian D2C (Direct-to-Consumer) home and sleep solutions company, best known for its high-quality and affordable range of mattresses, furniture, and home décor products. The company initially gained popularity with its memory foam mattresses sold directly to customers online, eliminating middlemen and offering competitive prices. Over time, Wakefit expanded its portfolio to include pillows, beds, sofas, study tables, wardrobes, and other furniture items, catering to the evolving needs of modern Indian homes.