Boat preparing to bring IPO, investors will get a chance to earn!
Valuation could be $2 billion
If you are thinking of earning from share market then there is good news for you.
Actually, the IPO market is going to be buzzing, many big companies are ready to knock in the market and now another name can be added to this list.
It is reported that India's largest direct to consumer, audio focused electronic brand Boat (Boat) is preparing to launch an IPO.
The company is likely to file a draft red herring prospectus for an initial public offering of Rs 2,000 crore with the Securities and Exchange Board of India (SEBI) this week.
Valuation could be $2 billion
The New Delhi-based company may seek a valuation of $1.5-2 billion in the IPO to be issued this year.
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