boAt's parent, Imagine Marketing, has received SEBI's approval to launch its $170 million (around ₹1,500 crore) IPO. The public offering of the wearables brand will comprise a fresh issue of up to ₹500 crore and an offer for sale worth ₹1,000 crore by existing investors. The offer for sale comprises equity shares aggregating to ₹225 crore by Co-founder Aman Gupta.