boAt Pre-IPO is drawing strong investor interest as the consumer electronics brand prepares for its potential public listing. boAt pre-IPO journey highlights rapid revenue growth, brand dominance in wearables, and rising demand among unlisted market investors.
India’s audio-wearables champ boAt (Imagine Marketing Ltd) is charging toward a FY26 IPO worth up to ₹2,000 crore after flipping FY25 losses to ₹60 crore profit on ₹3,100 crore revenue, with H1 FY26 adding ₹30 crore PAT on 10% growth. Unlisted shares trade around ₹100-₹120 amid SEBI-approved DRHP updates slashing fresh issue to ₹500 crore plus ₹1,000 crore OFS from cofounders Aman Gupta and backers like Qualcomm.
Profit Turnaround Story
From FY24’s ₹80 crore loss, boAt’s cost controls, 27% wearables market share, and Shark Tank fame drove FY25 black ink—H1 FY26 revenue hit ₹628 crore despite competition from Noise and Fire-Boltt. Funds target ₹225 crore working capital and ₹150 crore marketing to fuel 20% CAGR, eyeing $1.5-2B valuation like Zomato’s pre-IPO run.
Unlisted Trading Buzz
Shares surged post-DRHP, available via UnlistedZone at low liquidity but high HNI demand—lot sizes suit ₹50,000-1 lakh entry for 3-5x listing pops if volumes rebound. Goldman Sachs, ICICI, and JM Financial lead the bankers, with listing eyed H1 2026 amid new-age IPO wave (PhonePe, Zepto).
| Period | Revenue (₹ Cr) | PAT (₹ Cr) | Key Driver |
| FY24 | ~3,000 | -80 | Losses peak |
| FY25 | 3,100 | +60 | Profit flip |
| H1 FY26 | 628 | +30 | 10% growth |
Investor Roadmap
Buy boAt pre-IPO unlisted shares now via SEBI platforms—cap at 5-10% portfolio for multibaggers, tracking RHP for price band (₹120-150 est.). Risks: Valuation scrutiny, wearable slowdowns; diversify with NSE or Fractal. Path to ₹2,000 crore listing starts here—will you board?
Disclaimer: High-risk; not financial advice. Consult SEBI-registered advisors
If you’re exploring high-growth pre-IPO investment opportunities in India, Boat Lifestyle (Imagine Marketing Ltd) is a name worth your attention. Known for its trendy audio and wearable products, Boat has grown from a startup to a consumer electronics powerhouse—and it’s still private.
Investors tracking boAt Pre-IPO should evaluate valuation, profitability trends, and IPO timelines before investing.