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Five key takeaways from Boat's IPO prospectus

Despite having marquee investors, company founders Sameer Mehta and Aman Gupta together own over 50% of shares in the company, with each holding a 28.26% stake.

January 27, 2022 / 06:59 PM IST

Direct-to-consumer (D2C) firm Boat, an Indian consumer electronics company owned by Imagine Marketing Ltd, has filed its documents with the Securities Exchange Board of India (SEBI) for a Rs 2,000-crore initial public offering (IPO).

Here are a few takeaways from Boat’s IPO Prospectus


The company, which was founded in 2014, is backed by Fireside Ventures, Qualcomm Ventures LLC and South Lake Investment Ltd, an affiliate of the Warburg Pincus Group.