Wakefit Eyes Over $200 Mn IPO, Picks Three Bankers

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SUMMARY

Wakefit has roped in Axis Capital, IIFL Capital Services and Nomura as bankers for its IPO

The startup is looking to raise around INR 1,500-2,000 Cr via IPO

However, the Peak XV-backed startup has not yet finalised the split of its fresh issue and offer-for-sale (OFS) component

Bengaluru-based D2C furniture and mattress startup Wakefit is reportedly looking to make a splash in the market with an initial public offering (IPO) and aims to raise around INR 1,500-2,000 Cr (around $173-231 Mn).

A Moneycontrol report…



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Wakefit Eyes Over $200 Mn IPO, Picks Three Bankers


SUMMARY

Wakefit has roped in Axis Capital, IIFL Capital Services and Nomura as bankers for its IPO

The startup is looking to raise around INR 1,500-2,000 Cr via IPO

However, the Peak XV-backed startup has not yet finalised the split of its fresh issue and offer-for-sale (OFS) component

Bengaluru-based D2C furniture and mattress startup Wakefit is reportedly looking to make a splash in the market with an initial public offering (IPO) and aims to raise around INR 1,500-2,000 Cr (around $173-231 Mn).

A Moneycontrol report…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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