Wakefit Innovations files DRHP with SEBI, plans to raise Rs 468 crore via fresh issue

Wakefit files DRHP to raise funds via IPO with Rs 468.2 crore fresh issue and 5.83 crore share OFS.

IPO proceeds to fund store expansion, machinery, leases, and branding.

Revenue hit Rs 986.3 crore in FY24; firm is India’s fastest homegrown furniture brand to cross Rs 1,000 crore.

Axis, IIFL, Nomura are lead managers; shares to list on NSE & BSE.