The muted listing followed a ₹1,289 crore public issue that comprised a fresh issue of shares aggregating up to ₹377.18 crore and an offer for sale of ₹912 crore by existing shareholders.
Wakefit Innovations made a subdued debut and fell largely on its listing day, reflecting cautious investor sentiment despite a moderate response to its initial public offering.
The stock listed at ₹194.10 on the BSE, registering a 0.46 per cent discount to the IPO price of ₹195, while it opened flat at ₹195 on the NSE.
Post-listing, it fell 9 per cent from the issue price to ₹177 level. At 11.11 am, it traded at ₹193.40 on the BSE and at ₹193.28 on the NSE.
Given the lack of listing gains and near-term catalysts, Shivani Nyati, Head of Wealth at Swastika Investmart Ltd., advised investors may consider exiting the stock, especially if prices fail to move above the issue price.
Risk-averse investors are advised to book capital and avoid holding, while traders may keep a strict stop-loss near ₹180 if holding briefly, Nyati added.
The muted listing followed a ₹1,289 crore public issue that comprised a fresh issue of shares aggregating up to ₹377.18 crore and an offer for sale of ₹912 crore by existing shareholders. The IPO saw an overall subscription of 2.52 times, indicating a steady demand across investor categories.
Wakefit Innovations had set its IPO price at ₹195 per share, and the proceeds from the fresh issue are planned to be deployed toward expanding the company’s omni-channel presence, strengthening its manufacturing capabilities, and opening new company-owned, company-operated stores, including a jumbo-format outlet. A portion of the funds is also earmarked for brand-building initiatives and general corporate purposes.
Given the moderate subscription levels, market participants had anticipated a flat-to-mild listing, a view that played out on debut. The absence of a sharp listing premium suggests investors are taking a measured approach, weighing the company’s growth plans against broader market conditions.
Post listing, Wakefit Innovations’ stock performance will be closely watched as investors assess execution on expansion plans and the company’s ability to scale profitably in the competitive home and lifestyle segment. While the debut did not deliver immediate listing gains, longer-term performance is expected to hinge on operational growth and improvement in financial metrics.
Published on December 15, 2025
