
SharesCart.com
February 27, 2025 at 07:26 AM
🚀 *boAt Sets Sail for a ₹2,000 Cr IPO in FY26! Will It Be a Smooth Ride?* 🎧📈
🔹 *Board Approval Secured* – boAt has amended its Articles of Association (AoA) to move forward with its IPO.
🔹 *IPO Size:* *₹2,000 Cr* , including a *₹500 Cr fresh issue* and an *Offer for Sale (OFS) by existing shareholders.*
🔹 *Confidential DRHP Filing* – The company plans to file its Draft Red Herring Prospectus (DRHP) confidentially to protect business details.
🔹 *Lead Bankers Onboarded* – ICICI Securities, Goldman Sachs, and Nomura will manage the IPO.
🔹 *Target Valuation* – Aiming for a *$1.5 billion+ valuation* , but final numbers are yet to be confirmed.
Interested in *buying Unlisted shares*, reach out to us now!!
Contact us at +919289526492 or +919266460593 or visit our website sharescart.com for more information or to *book shares*.
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https://linktr.ee/sharescart
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*Team sharescart.com*
