boAt(Imagine Marketing Services Pvt. Ltd.)
Imagine Marketing (boAt) is a digital-first consumer products company and one of the largest Indian digital-first brands in terms of revenue from operations for the financial year 2021. It was founded in 2013 and is led by its flagship brand “boAt” which was launched in 2014. It has products in various segments. It provides audio wearables such as wired headphones and earphones, wireless headphones and earphones (neckbands), bluetooth speakers, home theatre systems among others. It also consists of smartwatches, gaming accessories that include wired and wireless headsets, mouse and keyboards, mobile accessories and personal care appliances.
Strength & Risk
- +One of the largest Indian digital-first brands with leading market positions across multiple fast-growing product categories.
- +Company’s 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 building a presence across multiple consumer categories.
- +RedGear brand to cater to the gaming headsets and controllers (keyboard, mouse, mouse pad, joystick) market.
- +Some products including Rockerz 600, Airdopes 621 and storm smartwatch have a rating of over 4 (out of 5) with over 400,000 ratings across online marketplaces.
- +In January 2022, the company announced a partnership with Dixon Technologies for manufacturing “Made-in-India” wireless audio devices.
- - Strength of the company’s flagship “boAt” brand and other brands is crucial to success.
- - Failure to successfully identify and respond to changing customer preferences and market developments in a cost-effective and timely manner.
- - Operates in a highly competitive industry including large and established competitors.
- -Dependence on a number of third-party contract manufacturers and component suppliers for the production of its products.
- -Risks associated with overseas procurement, such as geographical concentration and foreign currency exchange risks.
- -Disruptions in its relationships with certain online marketplaces and offline distributors.
- -Inability to adequately protect its flagship brand ‘boAt’ and its intellectual property.
- -Dependence on the audio and wearables category.
boAt IPO Details
| Details | boAt | DRHP |
|---|---|---|
| Bid Date | To be Announced | |
| Lot Size | - | |
| Min.Investment | - | |
| Price Range | - | |
| Issue Type | Book Built Issue IPO | "Download" |
| Face Value | - | |
| Issue Size | 2000.00Cr | |
| Fresh Issue | 900Cr | |
| Offer For Sale | 1100Cr | |
| Listing At | NSE,BSE |
| boAt(Imagine Marketing Services Pvt. Ltd.) IPO Allotment Status Check |
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| Click Here 👉 Link Intime India |
| Company Contact Information |
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boAt Delhi,India Phone:022-6918-1920 Email:info@imaginemarketingindia.com Website:https://www.boat-lifestyle.com |
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