Wakefit Innovations is scheduled to list on the Indian stock exchanges today, Monday, December 15, 2025, following a modest response from investors during its three-day IPO subscription period. According to BSE data, the issue was subscribed 2.52 times overall, with bids received for about 91.67 crore shares against 36.35 crore shares on offer.
Retail investors showed the strongest interest, subscribing to their portion 3.17 times by bidding for over 2.09 crore shares compared to 66.09 lakh shares available. Qualified Institutional Buyers subscribed 3.04 times, while the Non-Institutional Investor segment saw a relatively muted response at 1.05 times.
Market experts expect a subdued listing. Arun Kejriwal of Kejriwal Research noted that despite solid fundamentals and reasonable pricing, investor enthusiasm remained limited. He suggested the stock could list at a ₹20 discount in weak market conditions or at a similar premium if sentiment improves. Shivani Nyati of Swastika Investmart expects a flat debut near the issue price of ₹195 and advised short-term investors to exit early due to limited listing gains. As of December 14, the IPO’s grey market premium stood at ₹7, pointing to a likely listing price of around ₹202.
The book-built issue comprised a ₹377.18 crore fresh issue and an offer for sale worth about ₹912 crore, aiming to raise ₹1,289 crore in total.
