Wakefit IPO Day 1: 15% Subscribed, GMP Tumbles. Should You Apply? Expert Analysis
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Wakefit IPO 15% Subscribed, GMP Falls. Experts See Long-Term Growth.
M
Moneycontrol•08-12-2025, 17:09
Wakefit IPO 15% Subscribed, GMP Falls. Experts See Long-Term Growth.
•Wakefit IPO subscribed 15% on Day 1, with retail investors booking 73% of their portion.
•The Grey Market Premium (GMP) for Wakefit IPO shares tumbled to 2.56% from 18.46% the previous day.
•The IPO aims to raise Rs 1,289 crore, with a price band of Rs 185-195 per share, and is open from December 8-10.
•Experts suggest considering the IPO for long-term investment due to Wakefit's position in India's growing home and furnishings market.
•Analysts caution about operational risks with expanding omnichannel presence and note the valuation is higher than peers, emphasizing execution post-listing.
Why It Matters: This helps investors evaluate Wakefit IPO's potential for long-term growth.
