boAt IPO GMP is keenly observed by IPO lovers as the issue is termed as one of the awaited IPO’s of the year. The household brand for headsets and earphones has filed for a Rs 2,000 crore IPO. The initial public offering will raise around ₹2000 crores which comprise fresh equity shares up to ₹900 crores and an Offer for sale (OFS) aggregating up to ₹1100 crores.

Owned by Imagine Marketing Pvt Ltd, boAt is the fifth-largest wearables brand globally. Generating over Rs 750 crores last year, boAt competes with brands such as OnePlus, Samsung, Realme, JBL, Bose, and Ptron in India.


US-based private equity fund Warburg Pincus is the largest investor in boAt holding close to a 30% stake with investors including Qualcomm Ventures and Fireside Ventures together holding less than 5% stake. boAt, operated by Imagine Marketing Pvt Ltd, had raised nearly Rs 750 crore from Warburg Pincus last year. Qualcomm Ventures invested Rs 50 crore in April 2021 at a valuation of Rs 2,200 crore.

boAt IPO GMP Details

boAt IPO GMP has started trading in the grey market and currently, the GMP is ₹121. The grey market premium will give an idea related to the listing numbers of the IPO on its listing date. The GMP will be an estimated value and not the exact one.

Check here for all the details related to GMP/Grey Market Premium.

Axis Capital, BofA Securities, Credit Suisse, and ICICI Securities are the book running lead managers for the issue, and Link Intime India Private Limited is the registrar.

Read more for boAt IPO date, financials, price, and all details.

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