Smart wearables company GoBoult is preparing to list on the stock market by mid-2027. The draft documents for this will be submitted to SEBI in October-November 2026, said co-founder Varun Gupta. The company is currently in a good financial position. Last year, it recorded a tenfold increase in profit. The company is targeting a revenue of Rs 1,000 crore this financial year.

Ahead of the IPO, the name ‘Boult’ was changed to ‘GoBoult’. The company has decided to increase its revenue by bringing more expensive premium products to the market. Currently, most of its revenue is generated online. However, as the growth in the online market is showing a declining trend, the company has also started moving to sell more through offline stores.

While competitors like boAt and Noise are branching out into new areas with car dashcams and chargers, Gobolt is taking a different approach. The company aims to become a global brand by focusing more on existing audio products and smartwatches rather than experimenting with new things.