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Wakefit IPO: Peak XV Mints 9.5X Return, Cofounders Take Home INR 237 Cr
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Wakefit IPO: Peak XV Mints 9.5X Return, Cofounders Take Home INR 237 Cr
The cofounders and early investors of D2C mattress and furniture brand Wakefit, which is set to list on the exchanges on Monday (December 15), have raked in hefty returns via the IPO. The company had set a price band of INR 185-195 for its public issue, which comprised a fresh issue of shares up to INR 377.2 Cr and an offer for sale (OFS) of up to 4.68 Cr equity shares. Peak XV Partners emerged as the biggest gainer among institutional investor…
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