Home and furniture company Wakefit Innovations Ltd has mobilized Rs 186 crore from three investors, Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B, ahead of the initial opening of its share sale for public subscription.As part of the transaction, Steadview Capital Mauritius, WhiteOak Capital and Capital 2B jointly bought 95.57 lakh shares at Rs […]
Next week will see one of the busiest times of the year for India’s primary market, with 11 subscription IPOs in the motherboard and SMB segments. Together, the issuances scheduled for December 8 to 17 will raise about Rs 13,807 crore, including the much-awaited IPO of ICICI Prudential Asset Management, the dates of which are […]
Wakefit Innovations has raised Rs 580 crore from key investors ahead of its IPO, according to a stock exchange filing on Friday. The allotment was made at Rs 195 per share, the top end of the price range, indicating strong institutional appetite for the country’s largest D2C home and furniture brand on a FY24 revenue […]
Home and furniture company Wakefit Innovations Ltd is gearing up to launch its initial public offering (IPO) on December 8 to raise around Rs 1,400 crore. The company’s maiden public offering is a combination of a fresh issue of shares aggregating Rs 377.1 crore and an offer for sale (OFS) of 4.67 crore shares by […]