Boat’s parent gets regulatory nod for Rs 1,500 crore IPO

Imagine Marketing, the parent company of boAt, has secured regulatory approval for its stock market debut. The Indian wearables brand’s initial public offering is valued at 15 billion rupees. This significant move includes a fresh issue of shares and a sale by existing investors. The Warburg Pincus-backed firm is set to list on the stock exchange soon.

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