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Aman Gupta-led boAt parent files draft papers for IPO via confidential pre-filing route

  • Imagine Marketing, the parent company of boAt, has filed draft papers for an IPO through a confidential pre-filing route.
  • This is their second attempt at going public.
  • For FY24, boAt reported a 5% decline in revenue and a 48% reduction in net loss.
  • Confidential pre-filing route has become a growing trend for Indian companies going for IPOs.

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