Wakefit Files Draft Papers For INR 468 Cr IPO

The company is looking to raise INR 468 Cr via fresh issue of shares

The IPO will also comprise of an OFS of up to 5.8 Cr

Wakefit’s promoters, along with its investors including Peak XV, Redwood Trust, Verlinvest among others, are going to offload shares

D2C furniture and mattress startup Wakefit has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise INR 468 Cr (around $54.6 Mn) via fresh issue of shares.

The initial public offering (IPO) will also comprise an offer for sale…