IPO Schedule
1
Open
8 Dec
2
Close
10 Dec
3
Allotment
-
4
Listing
15 Dec
Wakefit Innovations IPO
Issue:₹195
List:₹195
CMP:₹182
NSELot: 76Mainboard
LISTEDMAINBOARD
Issue Price₹195
Listing₹195
Current₹182
Content
About Wakefit Innovations
Wakefit Innovations is a consumer goods company specializing in home and sleep solutions, primarily mattresses, furniture, and home decor. They operate on a direct-to-consumer (D2C) model, focusing on online sales and building a strong brand presence through digital marketing.
Subscription Status
QIB
0.00x
NII
0.07x
Retail
0.77x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 3.04x | 0.00x | 0.00x |
| NII | 1.05x | 0.25x | 0.07x |
| Retail | 3.17x | 1.82x | 0.77x |
| Total | 2.52x | 0.40x | 0.16x |
Risk Factors
•Negative Return on Equity (ROE) indicating potential profitability concerns.
•Intense competition from established players and emerging D2C brands in the online furniture and home decor market.
•Dependence on online sales and digital marketing, making them vulnerable to changes in online advertising costs and consumer behavior.
•Inability to determine P/E ratio due to losses, indicating a possible risk to investors.