Participated · Equity · Dec 2025

Founded in 2016, Wakefit has built a full-stack model that spans product design, in-house manufacturing, distribution, and customer engagement. Its portfolio covers mattresses, furniture, and home furnishings sold via its website, company-owned–company-operated (COCO) stores, and major e-commerce and multi-brand outlets. Wakefit operates five manufacturing facilities across Karnataka, Tamil Nadu, and Haryana that use imported machinery and automation to streamline production and reduce waste. For the six months ended 30 September 2025, the company generated ₹724 crore in revenue from operations and ₹35.5 crore in profit. Management plans to deploy fresh capital to open 117 new COCO stores, purchase new equipment, fund lease payments for existing outlets, and bolster marketing. The firm is preparing for a ₹1,289 crore IPO that would value it at roughly ₹6,400 crore. Wakefit’s growth trajectory positions it among the fastest Indian home-and-furnishings brands to surpass ₹1,000 crore in total income within the organised segment.

Participated · Equity · Oct 2025

Founded in 1975, Studds Accessories designs, manufactures, markets, and sells two-wheeler helmets under its mass-market Studds line and its premium SMK line, alongside ancillary motorcycle gear such as luggage, gloves, rain suits, riding jackets, eyewear, and helmet locks. The company also contract-manufactures helmets for global brands like Jay Squared’s Daytona and O’Neal, distributing these products across Europe, the United States, and Australia. Studds exports to over 70 countries, giving it a broad international footprint in the Americas, Asia, and Europe while maintaining a significant domestic presence in India. Its customer base includes leading motorcycle OEMs such as Hero MotoCorp, Honda Cars India, Suzuki Motorcycle India, Eicher Motors’ Royal Enfield, and India Yamaha Motor, as well as institutional buyers like Central Police Canteens and the Canteen Stores Department. The firm is preparing for a ₹455 crore initial public offering priced between ₹557–585 per share, which implies a valuation of roughly ₹2,300 crore at the top end. Because the IPO is entirely an offer for sale, Studds itself will not receive any primary proceeds. The company recently completed an anchor investor allocation to bolster demand ahead of the listing.