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BoAt IPO
About BoAt
Issue size
IPO type
Draft Red Herring Prospectus
About BoAt IPO
Back in 2013, despite his family’s apprehension, Aman Gupta forged a partnership with Sameer Mehta to launch the boAt brand. And Gupta’s gambit paid off, with boAt becoming one of the most popular homegrown audio brands in India.
Since its inception, Imagine Marketing – which owns and operates the boAt brand – has witnessed a meteoric rise. In fact, as of September 2021, boAt held a market share of 48% and 23% in India’s branded wireless hearables and smartwatch segments respectively. This makes it the number one wireless hearables brand and number two smartwatch brand in India, in terms of volumes.
Now, this fast-growing digital-first consumer products company is all set to tap the equity markets through the IPO route. The boAt IPO will be a combination of an offer for sale as well as a fresh issue. The money raised from the fresh issue of the boAt Ltd IPO will be used for repayment of debt and general corporate purposes.
Frequently asked questions
How to invest in the IPO?
What is 'pre-apply' for BoAt IPO ?
Which exchanges will BoAt IPO shares list on?
Who is the registrar of BoAt IPO ?
- Pre-applyTo be announced
- Bidding startsTo be announced
- Bidding endsTo be announced
- Allotment finalisationTo be announced
- Release of fundsTo be announced
- Demat transferTo be announced
- ListingTo be announced