India’s homegrown audio and wearables giant boAt has just made a dramatic move in the stock market—slashing its planned IPO from ₹2,000 crore to ₹1,500 crore. But while the offering shrinks, the co-founders and big investors are still poised for massive paydays, making this one of the most talked-about listings in India this year.
Who’s Cashing Out?
Warburg Pincus, via South Lake…

