<ul><li>Indian wearables and audio brand boAt has filed draft papers for an IPO via the confidential filing route.</li><li>This is boAt's second attempt at going public, with its previous IPO plan being shelved due to market conditions and weak investor sentiment.</li><li>The company is now eyeing an INR 500 Cr IPO at a valuation of over $1.5 Bn.</li><li>boAt's revenue has faced challenges, with declining sales and a net loss in FY23, but the company aims for profitability and an IPO within the next 12-18 months.</li></ul>

boAt Files IPO Papers Via Confidential Filing

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