Wakefit Innovations Ltd. is scheduled to finalise the share allotment status for its initial public offering (IPO) on December 11, following the closure of the bidding window. The mainboard issue was overall booked 2.52 times on the third day of bidding on Wednesday.

The ₹1,288.9-crore IPO was open for subscription from December 8 to December 10.

The Wakefit IPO received bids for more than 9.16 crore shares against 3.63 crore shares on offer, as per the NSE data. The Qualified Institutional Buyers (QIBs) booked their category 3.04 times, while the Non-Institutional Investors’ (NIIs) segment was fully subscribed. The retail portion of the IPO was booked 3.17 times.

The Wakefit Innovations IPO was a combination of a fresh issue of 1.93 crore shares, worth ₹377.18 crore, and an offer-for-s

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