neutral
9 days agoWakefit secures ₹580 crore from anchor investors ahead of its December IPO
Wakefit Innovations raised ₹580 crore from anchor investors ahead of its ₹1,289 crore IPO opening on December 8. The anchor allocation included global and domestic institutions such as HDFC Life, Bajaj Life Insurance, Prudential Hong Kong, Steadview Capital, Amundi Funds, and major mutual funds. Wakefit allotted 2.97 crore shares at ₹195 each, valuing the company near ₹6,400 crore.
Money• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
9 days agoWakefit secures ₹580 crore from anchor investors ahead of its December IPO
Wakefit Innovations raised ₹580 crore from anchor investors ahead of its ₹1,289 crore IPO opening on December 8. The anchor allocation included global and domestic institutions such as HDFC Life, Bajaj Life Insurance, Prudential Hong Kong, Steadview Capital, Amundi Funds, and major mutual funds. Wakefit allotted 2.97 crore shares at ₹195 each, valuing the company near ₹6,400 crore.
Money• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
58 words
Wakefit raised ₹580 crore from major anchor investors ahead of its ₹1,289-crore IPO, strengthening valuations and funding plans for expansion, marketing, and operational growth.
Wakefit Innovations raised ₹580 crore from anchor investors ahead of its ₹1,289 crore IPO opening on December 8. The anchor allocation included global and domestic institutions such as HDFC Life, Bajaj Life Insurance, Prudential Hong Kong, Steadview Capital, Amundi Funds, and major mutual funds. Wakefit allotted 2.97 crore shares at ₹195 each, valuing the company near ₹6,400 crore.
Wakefit Innovations raised ₹580 crore from anchor investors ahead of its ₹1,289 crore IPO opening on December 8. The anchor allocation included global and domestic institutions such as HDFC Life, Bajaj Life Insurance, Prudential Hong Kong, Steadview Capital, Amundi Funds, and major mutual funds. Wakefit allotted 2.97 crore shares at ₹195 each, valuing the company near ₹6,400 crore.
Dec 6, 2025 • 04:45