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Home Market Research Business

Wakefit’s Rs 1,300-crore IPO to open on December 8

by TheAdviserMagazine
8 months ago
in Business
Reading Time: 1 min read
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Wakefit’s Rs 1,300-crore IPO to open on December 8
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MUMBAI: The ₹1,300 crore IPO of Wakefit Innovations, the D2C home and furnishings company, will open for subscription on December 8 and close on December 10, Our Bureau reports. The price band of the IPO has been set at ₹185-195 per share. The IPO comprises a fresh issue of equity shares aggregating up to ₹377 crore and an OFS of 4.67 crore shares by existing investors. Axis Capital, IIFL Capital Services, and Nomura Financial Advisory are the book-running lead managers to the issue.



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