Tech
Wakefit to float IPO on Dec 8; aims to raise Rs 377 crore via fresh issue
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Home and furnishings company Wakefit Innovations is set to launch its initial public offering (IPO) on December 8, comprising a fresh issue of shares worth Rs 377 crore.
The IPO of the Bengaluru-based company will conclude on December 10, and anchor investors will be allocated shares on December 5, according to the red herring prospectus (RHP).
The company’s maiden public offering is a combination of a fresh issue of equity shares aggregating up to Rs 377.1 crore and an offer-for-sale (OFS) of 4.67 crore shares by the selling shareholders.
As part of…
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