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Consumer electronics major boAt’s parent Imagine Marketing recently filed its updated draft red herring prospectus (UDRHP) with SEBI to raise INR 1,500 Cr from the public market.
The company’s public offering will comprise a fresh issue of equity shares worth up to INR 500 Cr and an offer-for-sale (OFS) component of up to INR 1,000 Cr. Important to note that the company has reduced its IPO size from its 2022 listing attempt for an INR 2,000 Cr public float.
In its third IPO attempt,…
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Consumer electronics major boAt’s parent Imagine Marketing recently filed its updated draft red herring prospectus (UDRHP) with SEBI to raise INR 1,500 Cr from the public market.
The company’s public offering will comprise a fresh issue of equity shares worth up to INR 500 Cr and an offer-for-sale (OFS) component of up to INR 1,000 Cr. Important to note that the company has reduced its IPO size from its 2022 listing attempt for an INR 2,000 Cr public float.
In its third IPO attempt,…
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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