Wearables brand Boat's shareholders clear IPO plan; company to raise Rs 500 crore in fresh capital https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/boat-reboots-ipo-insuretechs-big-healthcare-foray/articleshow/118581536.cms?from=mdr * IPO Preparation: Boat to file its draft prospectus for IPO after shareholder approval. * Capital Raise: Fresh capital raise up to Rs 500 crore. * IPO Target: Rs 2,000-2,500 crore, depending on financials and market conditions. * Bankers: ICICI Securities, Goldman Sachs, and Nomura. Previous Attempt (2022): * Filed draft IPO documents for Rs 2,000-crore offering. * Paused due to market conditions. * Planned Rs 900 crore from primary capital raise and Rs 1,100 crore from secondary sale by Warburg Pincus.