(i) BoAt (“Imagine Marketing Services Pvt. Ltd.”) is an India-based company that was incorporated in November 2013. BoAt markets earphones, headphones stereos, travel chargers, and premium rugged cables.
(ii) BoAt was co-founded by Aman Gupta and Sameer Ashok Mehta.
(iii) Products and brands
a) Wireless earbuds
b) Tethered wireless earbuds
c) Wireless headphones
d) Wired headphones and earbuds
e) Smart watches
f) Portable wireless speakers
g) Home audio equipment
h) Mobile accessories
g) Special editions
BoAt promotes its products through a combination of influencer marketing and brand tie-ins with sports teams and public events. BoAt calls its brand influencers “BoAtheads.” Its brand influencers include Indian singers like Neha Kakkar and rapper Naved Shaikh (also known as Naezy), as well as athletes like cricketers Hardik Pandya and Shreyas Iyer, among others. The company has done brand tie-ins with sports franchises like cricket teams Chennai Super Kings and the Mumbai Indians. Additionally, BoAt has co-branded its audio devices with music events like Sunburn Festival and other large-scale events like the Lakmé Fashion Week.
(iii) As of September 30, 2021, for the second quarter of Financial Year 2022, Boat ranked #1 in India among the wireless hearables brands by value and volume and #2 among smartwatch brands in India in terms of volume (Source: RedSeer Report). Moreover, Boat market share in both wireless hearables and smartwatch segments has consistently increased over time, and for the quarter ended September 30, 2021, they had a market share of 48% and 23% in terms of volume, and 30% and 13% by value, in the branded wireless hearables and smartwatch markets, respectively (Source: RedSeer Report).
(iv) Portfolio of Boat
(v) Online Vs Offline Sales
Most of the boat unlisted share sales comes from Online Marketplaces such as Amazon and Flipkart. Almost 85% sales comes from these channels. So, Boat today is totally dependent on Amazon and Flipkart marketplace to sell its products. And, this is the biggest risk too in the business. However, having said that Boat is also focussing on increasing sales via omni-channel and offline presence. As of September 30, 2021, Boat products were available for sale in over 23,000 retail stores across India, and 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.
(vi) Expansion Strategy by Boat
Boat is currently exploring opportunities in overseas markets, which company believes can be a compelling growth vector for them. As part of the growth initiatives, Boat seeks to leverage the established presence of online marketplaces with whom they work in the overseas markets. The overseas expansion efforts are focused in international markets such as the United Arab Emirates, Nepal and countries in the South East Asia region, which Boat unlisted share believe have a large Indian diaspora and/or a population with similar tastes and preferences as the audience in India.
(vii) Industry Analysis
According to the RedSeer Report, the hearables market has grown from approximately ₹99 billion in 2018 to ₹170 billion in 2020, at a CAGR of approximately 31%.Hearables are expected to grow between 25% to 35% in terms of CAGR in the next 5 years and is projected to reach between ₹515 billion and ₹765 billion by 2025.
The RedSeer Report also states that the wearables market has grown from ₹16 billion in 2018 to ₹32 billion in 2020, at a CAGR of approximately 39%. The wearables market in India is projected to grow at a CAGR of between 40% and 55% in the next 5 years and is projected to reach between ₹170 billion and ₹275 billion by 2025.
So, huge growth opportunities are available for the company to tap.
|Total Available Shares:||1000|
|Face Value:||₹ 1 Per Equity Share|
|Lot Size:||25 Shares|
|Current Unlisted Share Price:||₹ 995 Per Equity Share|
|Name of Shareholder||No. of Equity Shares||% of Equity Shares|
|Particulars (in Cr.)||Mar-22||Mar-21||Mar-20||Mar-19|
|Purchases of Stock-In-Trade||2592||1,255||492||201|
|Changes in Inventories||-245||-234||-42||-27|
|Employee Benefits Expense||56||15||6||13|
|Profit before tax||99||118||65||11|
|Total Tax Exp.||30||32||17||3|
|No. of Equity Shares (Before IPO filing)||13.54||13.54||13.54||13.54|
|EPS in Rs||6.9||8.7||4.8||0.8|
Please find below the procedure for buying Boat Unlisted Share Price (Imagine Marketing) at UnlistedZone.
Please find below the procedure for selling Boat Unlisted Share Price (Imagine Marketing) at UnlistedZone.
Lock-in period of Boat Unlisted Share Price (Imagine Marketing) depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Boat Unlisted Share Price (Imagine Marketing) from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Boat Unlisted Share Price (Imagine Marketing) then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy Boat Unlisted Share Price (Imagine Marketing) from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Boat Unlisted Share Price (Imagine Marketing) Instantly?
The Boat Unlisted Share Price (Imagine Marketing) are credited in demat account same day of transferring funds in our company's bank account.
The price of Boat Unlisted Share Price (Imagine Marketing) can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Boat Unlisted Share Price (Imagine Marketing).
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Boat Unlisted Share Price (Imagine Marketing) in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Boat Unlisted Share Price (Imagine Marketing), one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.