India, Dec. 5 -- Ahead of the commencement of the bidding for its public issue on December 8, D2C furniture and mattress brand Wakefit has raised INR 580 Cr from anchor investors.

As many as 33 investors subscribed to 2.97 Cr equity shares of the company at a price of INR 195 apiece, the upper band of its IPO price band.

Of the total, 1.6 Cr shares, or 54.3% of the total anchor round, were picked up by nine domestic mutual funds through 21 schemes. The domestic mutual funds that led Wakefit's anchor round were HDFC, Mirae Asset, Tata Mutual Fund, HSBC, Edelweiss, among others.

Other investors who participated in the round included Bajaj Life Insurance, 360 ONE Equity, Nippon India, Ashoka WhiteOak, among others.

With this, the D2C fur...