boAt flagged several internal risks ahead of its upcoming ₹1,500-crore IPO. It highlighted high employee attrition rate (35% for FY25) and heavy reliance on online marketplaces like Amazon and Flipkart for sales, as 80% revenue was made via these platforms. Additionally, Co-founders Sameer Ashok Mehta and Aman Gupta resigned from their executive positions 29 days before it filed for IPO.