Wakefit Innovations' IPO faces muted investor interest on its final bidding day, with only 60% subscription and a declining grey-market premium. Despite strong retail participation, institutional interest lags. The company, while growing revenue, continues to post losses, raising concerns about profitability and valuation.
Wakefit IPO subscribed 60% on Day 3 so far, weak GMP. Should you invest?
The Economy Times Markets6 hrs ago
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