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Wakefit Innovations IPO Opens Today: Price Band ₹185-₹195, ₹36 GMP, 18% Listing Gain Expected
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Wakefit Innovations IPO Opens: ₹195 Price Band, 18% GMP
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News18
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08-12-2025, 07:30
Wakefit Innovations IPO Opens: ₹195 Price Band, 18% GMP
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Wakefit Innovations Limited's ₹1,288.89 crore IPO opens today, offering furniture and home decor products.
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The IPO's price band is set at ₹185-₹195 per share, with a minimum retail investment of ₹14,820.
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The issue includes a fresh issue of 19.3 million shares and an offer for sale of 46.8 million shares.
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Unlisted shares are trading at an 18% premium (₹36 GMP) in the gray market, suggesting a potential listing at ₹231.
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10% of the IPO is reserved for retail investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for non-institutional investors.
Why It Matters:
This IPO offers investors a new opportunity for potential gains.
Read Full Article on News18 in Hindi
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