News > Boat owner seeks SEBI approval for Rs 2,000-crore IPO
Boat owner seeks SEBI approval for Rs 2,000-crore IPO
Digit News | 27/01/2022 12:57 PM | Click to read full article
Imagine Marketing Ltd, which owns Boat brand of earphones and smartwatches, has filed draft documents with the Securities Exchange Board of India (Sebi) for a Rs 2,000-crore initial public offering (IPO), the latest to join a string of companies looking to list on bourses.
The IPO consists of a fresh issue of Rs 900 crore and offer for sale (OFS) of Rs 1,100 crore by its existing promoters and shareholders.