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Chaitanya Ramalingegowda, co-founder of Wakefit

Wakefit’s ₹1,289-crore IPO opened with a quiet start, drawing only a small portion of bids on Day 1 despite healthy retail interest. While the company is eyeing a valuation of around ₹6,400 crore and plans to deploy fresh capital toward store expansion, rentals, and marketing, institutional investors remained on the sidelines in early trade

BY Alka Jain

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