13 March 2025
boAt, a consumer electronics brand, is set to file a fresh Draft Red Herring Prospectus (DRHP) with SEBI as early as next week, Business Today reported. This marks the company’s second attempt at an IPO after it withdrew its 2022 plans due to market conditions.
The IPO is expected to be around Rs 2,000 crore, comprising a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 1,500 crore by existing shareholders. The company is opting for a confidential filing, allowing it to control the timing of the issue. Regulatory approvals are targeted for the second quarter of FY26.
boAt, a consumer electronics brand, is set to file a fresh Draft Red Herring Prospectus (DRHP) with SEBI as early as next week, Business Today reported. This marks the company’s second attempt at an IPO after it withdrew its 2022 plans due to market conditions.
The IPO is expected to be around Rs 2,000 crore, comprising a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 1,500 crore by existing shareholders. The company is opting for a confidential filing, allowing it to control the timing of the issue. Regulatory approvals are targeted for the second quarter of FY26.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.