Image for Wakefit files DRHP for IPO; to raise Rs 468 crore via fresh issueETtech
Chaitanya Ramalingegowda, cofounder, Wakefit
Mattress and furniture maker Wakefit has filed the draft red herring prospectus (DRHP) for its initial public offering (IPO) to raise Rs 468 crore in fresh issue. The company’s investors, including founders Chaitanya Ramalingegowda and Ankit Garg, will sell a total of 58.4 million shares via the offer-for-sale component.

Among institutional…