Update on the IPO status.
Imagine Marketing Ltd, the parent company of boAt, has filed an amended DRHP with SEBI for an IPO worth about ₹1,500 crore.
The issuance may consist of a ₹500 crore fresh issue and a ₹1,000 crore offer for sale (OFS) from existing investors.
boAt remains one of the most promising potential IPO prospects in India in the future years.
2. Trend of Unlisted Share Prices
The unlisted share price of boAt has fallen by around 13% in recent months.
The price dropped from ₹1,675 to ₹1,450 on the grey/unlisted market.
Dealer quotations range from ₹900 to ₹1000 per share, depending on demand and supply.
3. Recent Management Development.
After stepping back from day-to-day operations of boAt, co-founder Aman Gupta unveiled a new endeavor called “OffBeat Studios”.
However, he is still closely involved with the brand strategy and founding team.
4. Company Business Overview
boAt, one of India’s major D2C consumer electronics firms, sells:
Earbuds and headphones.
Smartwatches
Bluetooth speakers
Mobile Accessories
The company gained a significant market share by offering low-cost lifestyle audio devices to youthful consumers.
5 Key Takeaways for Unlisted Investors
Expected IPO in FY2026 or later (depending on market conditions)
Established brand in India’s wearables and audio markets
Price reduction owing to IPO delays and market sentiment
Simple summary:
The boAt IPO is still expected but not yet launched.
Unlisted share prices have recently dropped, although demand remains high.
The key recent developments are management restructuring and IPO plans.
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