India, Dec. 1 -- D2C furniture and mattress company Wakefit has filed the red herring prospectus (RHP) for its IPO, which will comprise a fresh issue of up to INR 377.2 Cr and an offer for sale (OFS) of up to 4.68 Cr equity shares.

The IPO will open for bidding on December 8 and close on December 10. Anchor bidding will take place on December 5 (Friday). The company's shares are expected to list on the exchanges on December 15.

Notably, the company, in its DRHP, had proposed a fresh issue of up to INR 468 Cr, while OFS component was to comprise up to 5.8 Cr shares. However, Wakefit undertook a private placement of 28.7 Lakh shares at INR 195 apiece, amounting to INR 56 Cr.

Wakefit's promoters Ankit Garg and Chaitanya Ramalingegowda, al...