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IPO-Bound Wakefit Nets INR 580 Cr From Anchor Investors

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SUMMARY

As many as 33 investors subscribed to 2.97 Cr equity shares of the company at a price of INR 195 apiece, the upper band of its IPO price band

Of the total, 1.6 Cr shares, or 54.3% of the total anchor round, were picked up by nine domestic mutual funds through 21 schemes

Wakefit’s IPO comprises a fresh issue of shares worth up to INR 377.2 Cr and an offer for sale (OFS) component of up to 4.68 Cr shares

Ahead of the commencement of the bidding for its public issue on…

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