Consumer electronics brand boAt is gearing up to submit a confidential Draft Red Herring Prospectus (DRHP) for its initial public offering (IPO) in the financial year 2025-26, sources told CNBC-TV18.

Aman Gupta-led boAt is reportedly planning to file its draft papers for INR 2,000 Cr IPO via the confidential filing route.

As per reports, NSE, State Bank of India (SBI) and HDFC Bank plan to offload 5.72 crore equity shares in the issuance which ...