Wakefit raises Rs 580 crore through anchor portion

Mattress and furniture maker Wakefit has raised Rs 580 crore through its anchor book, covering around 45% of the Rs 1,288-crore initial public offering (IPO). A total of 33 investors participated in the anchor round, including HDFC Mutual Fund, Axis Mutual Fund, Nippon India Mutual Fund, Tata Mutual Fund, Mirae Asset, Ashoka WhiteOak ICAV funds, Prudential Hong Kong, and Amundi Funds.

HDFC Mutual Fund led the anchor allocation with 7.8%, followed by Mirae Asset and HDFC Life Insurance, which secured 7.2% each. The company allotted about 29.74 million…