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Peak XV Mints 9.5X Return, Cofounders Take Home INR 237 Cr

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SUMMARY

Peak XV Partners, which offloaded 2.04 Cr shares via the IPO, bagged 9.5X return at the upper end of the IPO price band of INR 185-195 per share

Cofounders Ankit Garg and Chaitanya Ramalingegowda together raked in INR 237 Cr through their share sale

Wakefit’s IPO comprised a fresh issue of INR 377.2 Cr and an offer for sale of up to 4.68 Cr shares

The cofounders and early investors of D2C mattress and furniture brand Wakefit, which is set to list on the exchanges on Monday (December 15), have raked in hefty returns…

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