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 66,096,866 equity shares of face value of Re.1/- each ("equity shares") of Wakefit Innovations Limited ( "company") for cash at a price of (Rs)195.00 per equity share (including a share premium of (Rs)194.00 per equity share) ("offer price") aggregating to (Rs)1288.89 crores comprising a fresh issue of 19,342,461 equity shares of face value of Re.1/- each aggregating to (Rs)377.18 crores by the company ("fresh issue") and an offer for sale of 46,754,405 equity shares of face value of Re.1/- each aggregating to (Rs)911.71 crores by the selling shareholders, consisting of 7,729,488, equity shares of face value of Re.1/- each aggregating (Rs)150.73 crores by Ankit Garg, 4,452,185 equity shares of face value of Re.1/- each aggregating to (Rs)86.82 crores by Chaitanya Ramalingegowda (collectively "the promoter selling shareholders"), 899,205 equity shares aggregating to (Rs)17.53 crores by Nitika Goel, 20,374,774 equity shares aggregating to (Rs)397.31 crores by Peak XV Partners Investments VI, 138,047 equity shares aggregating to (Rs)2.69 crores by redwood trust, 10,193,506 equity shares aggregating to (Rs)198.77 crores by Verlinvest S.A., 413,150 equity shares aggregating to (Rs)8.06 crores by Sai Global India Fund i, LLP, and 2,554,050 equity shares aggregating 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)195.00 per equity share of face value of Re.1/- (including a premium of (Rs)194.00 per equity share of face value of Re.1 each) aggregating to (Rs)56.00 crores. The size of the fresh issue has been adjusted to (Rs)377.18 crores . The company had intimated the subscribers to the pre-ipo placement that the 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 was 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 |
349.20 |
|
| Project Financed through Current Offer |
1288.89 |
|
| Post Issue Equity Share Capital |
32.68 |
|
| Issue Price |
(Rs)195.00 |
|
|