Wakefit Innovations Ltd

Initial public offering of 66,096,866 equity shares of face value of Re.1/- each (equity shares) of Wakefit Innovations Limited ( company) for cash at a price of Rs.195.00 per equity share (including a share premium of Rs.194.00 per equity share) (offer price) aggregating to Rs.1288.89 crores comprising a fresh issue of 19,342,461 equity shares of face value of Re.1/- each aggregating to Rs. 377.18 crores by the company (fresh issue) and an offer for sale of 46,754,405 equity shares of face value of Re.1/- each aggregating to Rs.911.71 crores by the selling shareholders, consisting of 7,729,488, equity shares of face value of Re.1/- each aggregating Rs.150.73 crores by Ankit Garg, 4,452,185 equity shares of face value of Re.1/- each aggregating to Rs.86.82 crores by Chaitanya Ramalingegowda (collectively the promoter selling shareholders), 899,205 equity shares aggregating to Rs.17.53 crores by Nitika Goel, 20,374,774 equity shares aggregating to Rs.397.31 crores by Peak XV Partners Investments VI, 138,047 equity shares aggregating to Rs.2.69 crores by redwood trust, 10,193,506 equity shares aggregating to Rs.198.77 crores by Verlinvest S.A., 413,150 equity shares aggregating to Rs.8.06 crores by Sai Global India Fund i, LLP, and 2,554,050 equity shares aggregating to Rs.49.80 crores by Paramark KB Fund I (collectively the other selling shareholders) (the promoter selling shareholders and the other selling shareholders, collectively reffered to as the selling shareholders and such equity shares so offered by the selling shareholders, the offered shares and such offer, the offer for sale and together with the fresh issue, the offer.The company, in consultation with the book running lead managers, undertook a private placement of 2,871,794 equity shares at an issue price of Rs.195.00 per equity share of face value of Re.1/- (including a premium of Rs.194.00 per equity share of face value of Re.1 each) aggregating to Rs.56.00 crores. The size of the fresh issue has been adjusted to Rs.377.18 crores . The company had intimated the subscribers to the pre-ipo placement that the company is contemplating the offer and that there is no guarantee that the company may proceed with the offer, or that the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment was done solely at their own risk.