Mumbai, Nov. 15 -- Home-furnishings brand Wakefit is gearing up for a Rs.1,400-crore public listing in early December, three people with direct knowledge of the matter said.

The initial public offering (IPO) also includes a Rs.200-crore pre-IPO round that will see participation from foreign and domestic institutional investors before the anchor investor portion opens, two of the people said, requesting anonymity. They added that the IPO will comprise primary and secondary share sales.

The company had earlier filed draft papers with the regulator in June, where it outlined plans to raise Rs.468.2 crore in primary money to more than double its store count. Adding in secondary transactions, the total issue size now stands at Rs.1,400 crore...