boAt plans ₹2,000 crore IPO via confidential filing route: Report

Consumer electronics brand boAt plans to file a confidential draft red herring prospectus (DRHP) to raise ₹2,000 crore through an IPO, CNBC-TV18 reported. The company may seek a valuation exceeding $1.5 billion, but the final figures can still change, the report said. In 2022, boAt withdrew its IPO filing due to unfavourable market conditions.