boAt To Soon File Confidential Draft Papers For INR 2,000 Cr IPO

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SUMMARY

The audio products and smartwatch maker is likely to launch its IPO in the fiscal year 2025-26

Earlier, it was reported that boAt would target a valuation exceeding $1.5 Bn for its IPO

boAt posted a net loss of INR 79.7 Cr in FY24 on an operating revenue of INR 3,117.7 Cr

Aman Gupta-led consumer electronics brand boAt is reportedly planning to soon file its draft red herring prospectus (DRHP) for its initial public offering via the confidential filing route.

The audio products and smartwatch maker is likely to…



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boAt To Soon File Confidential Draft Papers For INR 2,000 Cr IPO


SUMMARY

The audio products and smartwatch maker is likely to launch its IPO in the fiscal year 2025-26

Earlier, it was reported that boAt would target a valuation exceeding $1.5 Bn for its IPO

boAt posted a net loss of INR 79.7 Cr in FY24 on an operating revenue of INR 3,117.7 Cr

Aman Gupta-led consumer electronics brand boAt is reportedly planning to soon file its draft red herring prospectus (DRHP) for its initial public offering via the confidential filing route.

The audio products and smartwatch maker is likely to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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