Wakefit Innovations Ltd IPO |
Registered Office:
Umiya Emporium 97-99 2&4 Floor,Adugodi Tavarekere Hosur Road
,
Bangalore
-
560029
,
Karnataka
, India.
Phone :
080 6733 5544 Fax:
Email : investorscompliance@wakefit.co
Website : www.wakefit.co
|
| Initial public offering of up to 66,096,867 equity shares of face value of Re.1/- each ("Equity Shares") of Wake fit Innovations Limited ("Company") for cash at a price of (Rs)195 per equity share (including a share premium of (Rs)185 per equity share) ("Offer Price") aggregating up to (Rs)1288.89 crores comprising a fresh issue of up to 19,342,564 equity shares of face value of (Rs)1/- each aggregating up to (Rs)377.18 crores by the company ("Fresh Issue") and an offer for sale of up to 46,754,405 equity shares of face value of Re.1/- each aggregating up to (Rs)911.71 crores by the selling shareholders, consisting of up to 7,729,488, equity shares of face value of Re.1/- each aggregating up to (Rs)150.73 crores by Ankit Garg, up to 4,452,185 equity shares of face value of Re.1/- each aggregating up to (Rs)86.82 crores by Chaitanya Ramalingegowda (Collectively "the Promoter Selling Shareholders"), up to 899,205 equity shares aggregating up to (Rs)17.53 crores by Nitika Goel, up to 25,374,774 equity shares aggregating up to (Rs)494.81 crores by Peak XV Partners Investments VI, up to 139,047 equity shares aggregating up to (Rs)2.71 crores by Redwood Trust, up to 10,193,506 equity shares aggregating up to (Rs)198.77 crores by Verlinvest S.A., up to 413,150 equity shares aggregating up to (Rs)8.06 crores by Sai Global India Fund i, LLP, up to 2,554,050 equity shares aggregating up to (Rs)49.80 crores by Paramark KB Fund i (Collectively the "Other Selling Shareholders") (the Promoter Selling Shareholders and the Other Selling Shareholders, collectively reffered to as the "Selling Shareholders" and such equity shares so offered by the selling shareholders, the "Offered Shares" and such offer, the "Offer for Sale" and together with the fresh issue, the "Offer".The company, in consultation with the book running lead managers, undertook a private placement of 2,871,794 equity shares at an issue price of (Rs)195 per equity share of face value of Re. 1 ( including a Premium of (Rs)194 per equity share of face value of (Rs)1 each ) aggregating to (Rs)56.00 Crores. The sizeof the fresh issue has been adjusted to (Rs)3,771.78 Crores. the company had intimated the subscribers to the Pre-Ipo placement that our company is contemplating the offer and that there is no guarantee that the company may proceed with the offer, or that the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment is being done solely at their own risk. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 08-Dec-25 |
10-Dec-25 |
(Rs)195.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :76 Further Multiples of :76 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
1288.89 |
|
| Post Issue Equity Share Capital |
32.68 |
|
| Issue Price |
(Rs)195.00 |
|
|