Boat: Parent Company Files for IPO

Imagine Marketing, the parent of boAt, has filed confidential draft papers with the Securities and Exchange Board of India (SEBI) for a potential initial public offering (IPO), marking its second attempt after 2022. This pre-filing route gives flexibility and extended timelines for issue planning. While the move indicates IPO intent, it doesn’t confirm a listing. Investors may track for clarity, as listing could unlock valuation opportunities in the consumer tech space.