Wakefit, a D2C sleep and home furnishings brand, has filed its DRHP with SEBI for a proposed IPO.
The IPO will include a fresh issue of equity shares worth Rs 468.2 crore and an offer for sale of up to 5.84 crore shares by existing shareholders.
Major stakeholders like Peak XV Partners, Verlinvest, and co-founders will be participating in the share sale.
Wakefit's revenue grew significantly, reaching Rs 971 crore in the first nine months of FY25, with plans to utilize the IPO proceeds for expansion and marketing.