Wakefit’s cofounders and promoters Ankit Garg and Chaitanya Ramalingegowda own 33.03% and 9.98% of the company, respectively, with their stakes valued at Rs 2,012 crore and Rs 608 crore. Garg stands to collect around Rs 151 crore and Ramalingegowda about Rs 87 crore from the offer for sale (OFS) portion of the IPO.
Wakefit IPO values company at Rs 6,373 crore, to unlock major gains for founders, investors
