neutral
9 days agoSleep startup to stock market debut puts Wakefit’s growth story under investor lens
Founded in 2016 as a direct-to-consumer mattress brand, Wakefit has grown into India’s largest D2C home furnishings company with annual revenue of over 1,270 crore rupees and nationwide reach across 700 districts. The company is now launching a 1,289 crore rupees IPO comprising a fresh issue of 377 crore rupees and an offer for sale by existing investors. While revenue has expanded at a strong pace over recent years, profitability remains uneven, with losses reported in multiple past financial years before a narrow turnaround in H1 FY26.
Companies:
- Wakefit
- Peak XV Partners
Finshots• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
9 days agoSleep startup to stock market debut puts Wakefit’s growth story under investor lens
Founded in 2016 as a direct-to-consumer mattress brand, Wakefit has grown into India’s largest D2C home furnishings company with annual revenue of over 1,270 crore rupees and nationwide reach across 700 districts. The company is now launching a 1,289 crore rupees IPO comprising a fresh issue of 377 crore rupees and an offer for sale by existing investors. While revenue has expanded at a strong pace over recent years, profitability remains uneven, with losses reported in multiple past financial years before a narrow turnaround in H1 FY26.
Companies:
- Wakefit
- Peak XV Partners
Finshots• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
88 words
Wakefit’s IPO highlights rapid revenue growth and nationwide scale, but inconsistent profitability, rising depreciation and premium valuation make the issue a growth-focused bet rather than a value-driven investment.
Founded in 2016 as a direct-to-consumer mattress brand, Wakefit has grown into India’s largest D2C home furnishings company with annual revenue of over 1,270 crore rupees and nationwide reach across 700 districts. The company is now launching a 1,289 crore rupees IPO comprising a fresh issue of 377 crore rupees and an offer for sale by existing investors. While revenue has expanded at a strong pace over recent years, profitability remains uneven, with losses reported in multiple past financial years before a narrow turnaround in H1 FY26.
Founded in 2016 as a direct-to-consumer mattress brand, Wakefit has grown into India’s largest D2C home furnishings company with annual revenue of over 1,270 crore rupees and nationwide reach across 700 districts. The company is now launching a 1,289 crore rupees IPO comprising a fresh issue of 377 crore rupees and an offer for sale by existing investors. While revenue has expanded at a strong pace over recent years, profitability remains uneven, with losses reported in multiple past financial years before a narrow turnaround in H1 FY26.
Companies:
- Wakefit
- Peak XV Partners
Dec 8, 2025 • 07:40