[{"selector":"#anim-084c5daf-b3a8-425d-90a5-e892397fad50 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-5.961038893107286%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d0fde447-109d-4df4-8b80-800830fad3e5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2a3e6e05-ac59-4243-95ef-906066fd385c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Boat set to float Rs 2,000-crore IPO, eyes $1.5-2 billion valuation

[{"selector":"#anim-d7370de4-1b4c-4a52-929f-1e9c8dca9fe1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7441b64d-f23f-4eeb-b761-e9179f229f63","keyframes":{"transform":["translate3d(0px, -269.0521%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e982088-9356-4d47-86c0-dcb34ca73e7d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Boat is set to file a draft red herring prospectus for a Rs 2,000-crore initial public offering with the Securities and Exchange Board of India (Sebi) this week.

[{"selector":"#anim-3756c54b-d151-4515-9606-5b30a9a913e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76581334-4cfd-4447-af73-b35864e0281d","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-add897f6-ef8b-4e74-86a4-328205706b6a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

New Delhi based company is expected to seek a valuation of $1.5-2 billion in the IPO to be floated this year, people aware of the matter told ET.

[{"selector":"#anim-3f674b27-24e8-4692-ae87-b92e2d047978","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-406726e2-ea55-4ea2-a89c-08808a6ce50f","keyframes":{"transform":["translate3d(-151.09489%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5121c3d2-8216-44cd-b2f9-230b5fbf9493 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4af2a403-bc39-4c0e-a1eb-951164196798","keyframes":{"transform":["rotate(-10deg) translate3d(86.05852%, 0px, 0) rotate(10deg)","rotate(-10deg) translate3d(0px, 0px, 0) rotate(10deg)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c391bcc9-8d94-4e4a-b7ca-3b8f15bbb4c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd6af83b-6085-4870-a1da-92b067f180d4","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Warburg Pincus will divest shares worth Rs 700-800 crore in the Boat IPO, likely to be an equal mix of fresh stock and an offer for sale

[{"selector":"#anim-3693c724-5bc4-41c8-906f-02c6ded17b28","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62ad9be9-75a6-4401-9608-eed28440bcc9","keyframes":{"transform":["translate3d(0px, -221.74174%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-137a5a20-92df-490f-8103-8c1b4f4ccb12 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Boat was last valued at around Rs 2,200 crore when it raised Rs 50 crore from Qualcomm Ventures in April last year.

[{"selector":"#anim-170e95d2-3ecc-4e93-89d1-352e964e8106","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b31328a2-5d73-4668-9b6f-7d719de8c4b7","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-296ebed0-d395-4bcc-bfed-a0514aa2c0cc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Boat’s parent Imagine Marketing Pvt. Ltd has converted into a public company to facilitate the IPO and its board has approved the plan to launch the IPO.

[{"selector":"#anim-d0498553-866b-4fab-ac52-fe39733cc58f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c818925-0759-4758-8408-a47d59797067","keyframes":{"transform":["translate3d(-161.41732%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Last year Revenue:

[{"selector":"#anim-ce4c531e-891a-4ddb-b3fb-d8a04a8264c6","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-66e1ad9e-8577-4e4e-b26b-6e1308af232b","keyframes":{"transform":["translate3d(0px, -188.38385%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-742a6631-1d2a-4458-8636-4518d0ee99ab","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":2000,"easing":"ease-in-out","fill":"both","iterations":1}]

Last year net profit

[{"selector":"#anim-4724fa46-3f02-49bd-a034-e8a0254a0fa5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1030f57-c62b-4693-b645-6c5b45da8b62","keyframes":{"transform":["translate3d(0px, -180.6415%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4dc6e9c9-a633-48fd-ba52-33726ef138c4","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":2000,"easing":"ease-in-out","fill":"both","iterations":1}]

Boat and Mamaearth are among the first set of D2C brands that started online-only and are now expanding their presence through offline channels as well.

[{"selector":"#anim-41c4af5e-930b-4ec8-86b8-dba00d13b406","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb854a44-0d84-452e-b940-b8fe5ea389a9","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b657533d-ae85-49d7-ad0c-f8382efa49be [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.846153906384643%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

VISIT OUR WEBSITE FOR MORE UPDATE

[{"selector":"#anim-26b15f23-361a-4782-9ea1-6c2918249e12","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c77e6f82-beeb-4b56-be65-00f8b1bdf2e3","keyframes":{"transform":["translate3d(-116.27119%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8aa61165-1c44-444d-8e35-20d9dd1810c5","keyframes":[{"offset":0,"transform":"translate3d(0, -1863.49227%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -524.014026324%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -178.149861012%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -66.899372493%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -29.070479411999997%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}]