Wakefit raises Rs 580 crore from anchor investors including HSBC, HDFC MF ahead of IPO

Wakefit’s Impressive Rs 580 Crore Funding from Anchor Investors

– Wakefit Innovations has secured Rs 580 crore ahead of its IPO from notable anchor investors.
– Shares were allotted at Rs 195 each, indicating strong institutional demand.
– Over half of this funding comes from nine Indian mutual funds, showcasing significant participation.
– The IPO, commencing December 8, targets a total size of Rs 1,288 crore.

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