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IPO-Bound Wakefit Posts INR 8.8 Cr Loss In 9M FY25

  • IPO-bound Wakefit reported a net loss of INR 8.8 Cr in the first nine months of the financial year ended March 2025 (9M FY25), with revenue from operations at INR 971 Cr.
  • Including other income of INR 23 Cr, the company’s total income in 9M FY25 was INR 994 Cr. In FY24, Wakefit reported a net loss of INR 15 Cr on an operating revenue of INR 986.3 Cr.
  • The company filed for an IPO comprising a fresh issue of up to INR 468.2 Cr and an Offer For Sale (OFS) of up to 5.8 Cr shares, with plans for expansion and other operational enhancements.
  • Wakefit, a D2C company that started as a mattress company, has expanded into a full-stack home solutions business offering over 3,000 SKUs, plans to expand retail stores, and may raise funds through a pre-IPO placement.

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