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Wakefit Files DRHP with SEBI for ₹468 Cr IPO; Plans Aggressive Offline Expansion

  • Bengaluru-based Wakefit Innovations Pvt Ltd has filed its DRHP with SEBI to raise ₹468.2 crore in an IPO for retail expansion.
  • The IPO will fund 117 new COCO-Regular stores and one COCO-Jumbo store, part of an aggressive offline push.
  • Proceeds will also be used for leasing, machinery, advertising, and general corporate purposes.
  • Founders and investors will offload shares; company recorded ₹971 crore revenue in 9 months ending December 2024.

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