Imagine Marketing (boAt) Unlisted Shares
boAt plans to raise funds & earmarks IPO in next 12-18 months
silicon india
2 min read
boAt Eyes Fundraising, Targets IPO in 12-18 Months.
Expert Analysis:
Financial Performance: Imagine Marketing (boAt) reported its first financial loss in FY 2023, amounting to ₹129.4 crore, in contrast to a profit of ₹68.7 crore in FY 2022.
Funding Strategy: CEO Sameer Mehta announced plans to raise ₹2,000 crore through an IPO within 12-18 months and is in discussions with three significant investors for fundraising.
IPO Timeline: The IPO timeline is contingent on improving financial ratios such as return on capital employed and net profit But expected within 12-18 months.
Previous IPO Attempt: boAt's previous IPO attempt in 2022, approved by SEBI, was later cancelled. Co-founder Aman Gupta stated the company wasn't rushing into another IPO for the next few years.
Market Position: Established in 2016, boAt is a key player in India's wearables and audio market, offering a wide range of products.
Financial Shift:
In FY 2023, boAt faced a significant financial shift, reporting a ₹129.4 crore loss, down from a ₹68.7 crore profit in FY 2022.
Future Plans:
To address this, the company plans a ₹2,000 crore IPO within 12-18 months, focusing on strategic improvements.
Second IPO Attempt:
This is boAt's second IPO attempt after canceling the first in 2022.
Market Leadership:
As a major player in the Indian wearables and audio market, the company's future depends on enhancing financial performance and successfully navigating the IPO process.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved