Wakefit Sets IPO Price Band At INR 185-195

At the upper end of the price band, the IPO values the company at INR 6,373 Cr (about $710 Mn)

At INR 195 per share, the total size of the issue will be INR 1,289 Cr (about $143.6 Mn)

Wakefit has raised more than $148 Mn from investors such as Peak XV, Investcorp, Verlinvest and SIG, among others

D2C furniture and mattress company Wakefit has set the price band for its IPO, which is set to open on December 8, at INR 185 to INR 195 per share.

At the upper end of the price band, the IPO values the company at INR 6,373…