Wakefit's Rs 1,289-cr IPO to open on Dec 8; sets price band at Rs 185-195/ share

NEW DELHI: (Dec 2) Home and furnishings company Wakefit Innovations Ltd is aiming to raise Rs 1,289 crore through its initial public offering (IPO), which opens for subscription on December 8.

In a public announcement on Tuesday, the company has fixed a price band of Rs 185-195 per share for its maiden public offering, valuing the company at nearly Rs 6,400 crore.

The IPO of the Bengaluru-based company will conclude on December 10 and anchor investors will be allocated shares on December 5.