boAt plans to do confidential DRHP filing for Rs 2,000-crore IPO soon
The wearables major is planning to launch its IPO in FY26 and aims to raise Rs 2,000 crore, the channel reported adding that boat may seek a valuation exceeding $1.5 billion, though final figures are yet to be determined.
Previously, in 2022, boAt had filed papers for a Rs 2,000-crore IPO but withdrew due to market conditions and instead raised $60 million in private capital.
Its major investors include Qualcomm Ventures, Innoven Capital, Warburg Pincus and Fireside Ventures.
