BoAt Unlisted Share Company Details
ISIN NUMBER
INE03AV01027
FACE VALUE
₹ 1
Current Ratio
1.23
EPS
₹ 5.09
P/E Ratio
167.97
NET REVENUE
₹ 2886 Cr.
NET PROFIT
₹ 78.82 Cr.
ROE
14.79%
Cash flow from Operations
-368 Cr.
About BoAt Unlisted Share
- Boat (Imagine Market Ltd.) deals in wired earphones, wired headphones, wireless earphones, wireless headphones, wireless speakers, wearables such as smart watches, mobile accessories such as cables and trimmers, and many more things.
- The company sells its products online through marketplaces and its own website as well as offline. As of H1 2022, the company sold 83.24% of its products through online marketplaces, 13.84% products through its own website, and 2.93% through an offline channel.
- The company is now also focusing on offline channels. As of September 30, 2021, products were available for sale in over 23,000 retail stores across India, facilitated by a retail network of over 51 distributors and more than 180 sub-distributors in India, with a presence in over 32 states and union territories.
- Currently, the brand operates under the following brand names:
- Imagine Marketing Private Limited (“Company”) was incorporated on November 1, 2013 under the erstwhile Companies Act, 1956. The company’s registered office is at E-Wing, Unit-505, Corporate Avenue, Opp. Solitaire Park, Chakala, Andheri (East), Mumbai, 400 093 Maharashtra, India.
Competitive Landscape
The company operates in an industry with several competitors and faces competition from domestic and international competitors. Our competitors include legacy audio brands and foreign brands, emerging Indian brands, Chinese smartphone OEMs, and private labels of online marketplaces. The company’s main competitors include: noise, nothing, oneplus, Samsung, Realme, and others.
Industry Overview
- India Retail Market India’s retail market grew at a CAGR of 11% between 2016 and 2019, to approximately 68 trillion in 2019. The retail market is projected to bounce back with a growth rate of 11% to approximately $98 trillion by 2025.
- The hearables market comprises wired earphones and headphones, wireless earphones and headphones, and truly wireless earphones. Hearables are expected to grow at a 25–35% CAGR in the next 5 years and are projected to reach 515–765 billion (USD 7–10 billion) by 2025.
- The wearables market comprises activity bands and smartwatches. The wearables market in India is projected to grow at a high CAGR of 40–55% in the next 5 years and reach a size of 170-275 billion (USD 2-4 billion) by 2025.
BoAt Unlisted Share IPO Details
The company previously filed its Draft Red Herring Prospectus (DRHP) with the SEBI on January 26, 2022, with the intention of raising around 2000 crore through an IPO (initial public offering). But now the company has delayed its IPO plan, and Boat has chosen to raise a capital of 500 million from its existing shareholder, an affiliate of Warburg Pincus (a global private equity fund), and a new investor, Malabar Investments, via preference shares through a private placement.
BoAt Share Price
Boat share price is decided on the basis of it’s funding round that it raised from it’s investors. After that, price is decided by the forces of demand and supply as same as listed market. Boat share price is Rs 950 per share with a face value of Rs 10.
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BoAt Share Price History Moment
Boat (Imagine Marketing) Shares have always been in demand in the investor community due to huge brand presence and strong revenue or topline growth of the company. The share price of boat has made a huge of Rs 1250 in the unlisted market due to huge demand as the company had filed for it’s IPO and was planning to go for it’s IPO. However Boat withdrew it’s IPO plan due to uncertain market conditions which led to selling in the private markets and thus boat share price and made a low of of Rs 700 in June 2023. After that, companies strong financial performance and trust among investors for the company made stock price to Rs 950 per share in September 2023.
BoAt Revenue
Boat has shown strong financial growth in it’s recent years. The company has grown profitably in the recent years. Boat reported a revenue of Rs 4000 crore in FY23 registering a growth of 40% over the past year. In FY22, Boat reported a revenue of Rs 2886 Cr with a profit of Rs 78 Cr.
BoAt Peers
Following are the close Listed Peers of the company:
The company has no direct listed peers in India, however it’s major competitors are Samsung, Xiomi and others
BoAt Valuation and Analysis
Boat raised these funds as it withdrew it’s IPO Plans. Company raised these funds at Rs 750 per share , when the revenue of the company was INR 2800 Cr. Now in FY23, the revenue of boat has grown to around INR 4000 Cr. Boat will be using these funds to expand it’s production facility to meet it’s demand. This has also increased boat share price in the unlisted market. The company is profitable and is growing at very good rates.
BoAt Unlisted Share Subsidiaries
1 Dive Marketing Private Limited Wholly Owned Subsidiary
2 Imagine Marketing Singapore Pte Limited Wholly Owned Subsidiary
3 HOB Ventures Private Limited Wholly Owned Subsidiary
4 KaHa Technologies Private Limited Wholly Owned Subsidiary
5 KaHa Singapore Pte Limited Wholly Owned Subsidiary
6 Sirena Labs Private Limited Associate Company
7 Kimirica Lifestyle Private Limited Associate Company
BoAt Unlisted Share Board Members
BoAt Unlisted Share Consolidated Results
Profit and Loss Statement
*figures in Cr. except EPS
Balance Sheet
*figures in Cr.
Cashflow
*figures in Cr.
- Strengths
- One of the largest Indian digital-first brands with leading market positions across multiple fast-growing product categories;
- Flagship brand "boAt" is a consumer brand with strong market positioning and a clear value proposition ;
- Digital-first platform capabilities are targeted to enable growth and continue to allow for the building of presence across multiple consumer categories; and
- Professional, founder-driven management team with deep industry expertise and track record, and an experienced consumer products CEO
- Limitations
- The company’s ability to maintain and strengthen its flagship brand, boat, and other brands is crucial for its future success.
- If the company fails to successfully identify and respond to changing customer preferences and market developments in a cost-effective and timely manner, our ability to generate revenues and grow our business may be adversely impacted.
- The company operates in an industry with several competitors, including large and established ones, and the company may fail to compete successfully against existing or new competitors, which may reduce the demand for the products and services, which may lead to reduced prices, operating margins, and profits and further result in loss of market share across product categories.
- The company relies on a number of third-party contract manufacturers and component suppliers for the production of our products. Any shortage and cessation in supply from these contract manufacturers or component suppliers could adversely affect the business, results of operations, and cash flows.
FAQs
Please find below the procedure for buying BoAt Unlisted Shares/Pre-IPO shares Unlisted Shares at Bharat Invest.
- You confirm booking of BoAt Unlisted Shares/Pre-IPO shares Unlisted Shares with us at a specified price.
- You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
- We will provide our bank details.
- You need to transfer funds in the current account of bharatinvest.
- No cash deposit is accepted
- Payment has to be done from the same account in which shares are to be credited.
- We ensure delivery of BoAt unlisted shares within 24 hours.
- Incase of non-availability of shares, we refund the amount to the same bank account within 24 hours.
- For detailed discussion, you can contact us via any medium.
Please find below the procedure for selling BoAt Unlisted Shares/Pre-IPO shares Unlisted Shares at Bharat Invest.
- We will confirm our buying price of BoAt Unlisted Shares/Pre-IPO shares.
- We will give you our client master report and you will transfer the BoAt Unlisted Shares/Pre-IPO shares to our demat account.
- We will transfer the funds in your bank account within 24 hours of receiving the BoAt Unlisted Shares/Pre-IPO shares Unlisted Shares.
- All the transactions will be bank to bank.
- Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
You can contact us through any medium for a detailed discussion.
The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed
With BharatInvest , you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- Credit of Unlisted Shares/Pre-IPO shares Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
All the transactions are done DEMAT to DEMAT. All the unlisted shares traded with us are available in demat accounts and are transferred to your demat within 24 hours of payment.
Bharatinvest is India’s leading investment bank. Here you can invest unlisted, pre-ipo or delisted shares of Boat (Imagine Marketing) at best price. At Bharatinvest, you will get all the updates regarding BoAt unlisted share price, IPO news, IPO price, GMP, BoAt share news, events, dividends, company related news, ISIN, lot size, Financials ( Boat Profit and loss statement, Boat Balance Sheet, Boat cash flow statement ), Peer comparision and analyst views. Investing in Boat share before ipo can help you invest in shares when they are available at low prices. Holding them on long term basis will help you create wealth in long term and enjoy compounding benefits. Our investors have made an average 250% returns by investing in pre-ipo shares. Buy Boat unlisted or Pre-ipo share at best price from our tech-platform today. You can connect with our expert financial advisors for any guidance.