boAt IPO: Aman Gupta's Firm Eyes Rs 500-Crore Fresh Issue In Second Attempt At Market Debut

Shareholders of electronic wearables brand boAt have approved a proposal to launch an initial public offering with a fresh issue component of up to Rs 500 crore. This marks the parent Imagine Marketing Ltd.'s second go at a market debut after a 2022 plan for listing was withdrawn following fund infusion by Warburg Pincus and Malabar Investments.Aman Gupta's company will also be raising up to Rs 100 crore through a pre-IPO placement, ...