Piotex Industries Limited IPO
Piotex Industries Limited
Wakefit Innovations Limited IPO Details
Fresh Issue: Up to Equity Shares aggregating to 4,682.21 million.
Offer for Sale (OFS): Up to 58,399,085 Equity Shares by promoters and other selling shareholders.
Incorporation: Started in March 2016 as Wakefit Innovations Private Limited, converted to a public company in June 2025.
They focus on utilizing modern technology and maintaining high-quality standards.
Proposed listing on BSE Limited and NSE Limited.
Wakefit Innovations Limited IPO Strengths
- One of India’s leading sleep and home solutions brands with loyal customer base and digital-first sales.
- In-house manufacturing and efficient last-mile delivery network helps control product quality and customer experience.
- Evolved from a mattress company to a comprehensive home solutions brand — tapping a large and growing market.
- Focus on data-driven product development and personalized buying experience.
- Promoters have strong expertise in scaling a consumer brand from startup to household name.
Wakefit Innovations Limited IPO Weaknesses
- Still heavily reliant on online channels; offline expansion is in early stages.
- Operates in a highly competitive furniture and home solutions space with local and global players.
- Requires continuous investments in inventory and warehousing to maintain fast delivery promise.
- Though diversifying, still significantly reliant on the core mattress segment for major revenue.
- No prior track record as a listed entity — investor perception and market volatility could affect performance post-IPO.
Wakefit Innovations Limited Revenue & Profit
6.370 | - 1.065 |
8.200 | - 1.456 |
10.173 | - 0.150 |
10
8
6
4
2
0
Wakefit Innovations Limited IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
Wakefit Innovations Limited IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Piotex Industries Limited IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Piotex Industries Limited IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Piotex Industries Limited IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Wakefit Innovations Limited IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Wakefit Innovations Limited. Log in and go to the 'IPO Transactions' section to track your allotment status.