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D2C mattress brand Wakefit files DRHP with SEBI to raise Rs 468 crore via fresh issue

  • 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.

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