New Delhi : The initial share sale of Wakefit Innovations Ltd subscribed 39 per cent on the second day on Tuesday.The Rs 1,289-crore initial public offering (IPO) got bids for 1,41,81,448 shares against 3,63,53,276 shares on offer, according to the NSE data.Category-wise, shares meant for retail individual investors (RIIs) subscribed 1.77 times, while the quota for Non-Institutional Investors received 25 per cent subscription.

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However, qualified institutional buyers bid for just 12,616 shares out of 1,98,29,061 shares on offer.Three investors -- Steadview Capital, WhiteOak Capital, InfoEdge and Temasek-backed Capital 2B -- invested Rs 186 crore in Wakefit Innovations Ltd through secondary market transactions.The home and furnishings company on Friday collected Rs 580 crore

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