Wakefit IPO opens: 33% retail demand, analysts split on subscription

• Wakefit Innovations' ₹1,289 crore IPO opened on December 8, closing December 10, 2025, with a price band of ₹185-195 per share.
• On Day 1, the IPO saw 7% overall subscription, driven by 33% retail investor demand.
• Analysts have mixed views: SBI Securities recommends 'Avoid', while BP Equities and SMIFS suggest 'Subscribe'.
• The Grey Market Premium (GMP) for Wakefit IPO is ₹36 per share, indicating an estimated 18.46% listing gain.
• The company raised ₹580 crore from anchor investors and plans to use proceeds for new stores, equipment, and marketing.

Why It Matters: This story helps investors decide on Wakefit's IPO amidst mixed expert views.