boAt gears up for IPO, plans Rs 2,000 cr confidential DRHP filing soon

Consumer electronics brand boAt is preparing to file a confidential Draft Red Herring Prospectus (DRHP) for its initial public offering (IPO) in the upcoming financial year 2025-26, according to sources cited by CNBC-TV18. The company is reportedly aiming to raise Rs 2,000 crore through the listing.

The electronics brand may target a valuation exceeding $1.5 billion, although final figures are yet to be determined.