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Wakefit Eyes Over $200 Mn IPO, Picks Three Bankers

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SUMMARY

Wakefit has roped in Axis Capital, IIFL Capital Services and Nomura as bankers for its IPO

The startup is looking to raise around INR 1,500-2,000 Cr via IPO

However, the Peak XV-backed startup has not yet finalised the split of its fresh issue and offer-for-sale (OFS) component

Bengaluru-based D2C furniture and mattress startup Wakefit is reportedly looking to make a splash in the market with an initial public offering (IPO) and aims to raise around INR 1,500-2,000 Cr (around $173-231 Mn).

A Moneycontrol report…

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