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E Commerce

boAt Files Updated DRHP For INR 1,500 Cr IPO


SUMMARY

The public offering will comprise a fresh issue of equity shares worth up to INR 500 Cr and an OFS component of up to INR 1,000 Cr

Investor and promoter South Lake Investment will offload shares worth up to INR 500 Cr

While cofounder Aman Gupta will sell shares worth up to INR 225 Cr, Sameer Mehta will offload shares worth up to INR 75 Cr

Consumer electronics startup boAt’s parent Imagine Marketing has filed its updated draft red herring prospectus (UDRHP) with SEBI for up to INR 1,500 Cr IPO. 

The Bengaluru-based…



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