Overview of BoAt Unlisted Share Price:
Incorporated in 2014 with its registered office in Mumbai, Maharashtra, Imagine Marketing Ltd, operating as boAt, focuses on trading electronic handset products. The company has established a robust online presence despite lacking physical stores or branches. Boat is dedicated to offering clients diverse, high-quality, stylish, and comfortable boat options. Underlining their commitment to corporate social responsibility (CSR), boAt has invested INR 1,98,80,000/- in various initiatives. The company has partnered with an authorized e-waste recycler to ensure responsible disposal. Additionally, boAt has set up collection centers in key locations, including Raipur, Ahmedabad, Delhi, Faridabad, Chennai, and Thane, demonstrating their dedication to ethical business practices and environmental sustainability.
Products and Services by BoAt:
BoAt offers a wide array of audio and lifestyle products, including True Wireless Earbuds, Wireless Earphones, Wired Earphones, Headphones, Gaming Headphones, Wireless Speakers, Soundbars, Smart Watches, Trimmers, Car Accessories (such as chargers and aux cables), Powerbanks, Chargers, and Cables. The brand also features Limited Editions and the Trebel Range, showcasing a commitment to diverse consumer preferences with a blend of innovation and style.
Financial Background of BoAt Unlisted Share:
In terms of revenue from operations, the company has demonstrated significant financial growth over the past few years, as reflected in the figures denominated in INR (Crores). In 2020, the company recorded a revenue of 700.43 Crores, which experienced a substantial increase to 1313.80 Crores in 2021. This positive momentum continued in 2022, with the revenue reaching an impressive 2872.90 Crores. The upward trajectory persisted in 2023, culminating in a robust revenue figure of 3376.79 Crores. These consecutive year-over-year increases underscore the company's financial strength and successful business performance, highlighting its favorable position in the market.
BoAt Unlisted Shares and Corporate Actions:
In the fiscal year 2020-21, the company initiated a buyback action, repurchasing a total of 4934 equity shares with a face value of Rs 10 each. The buyback price was set at Rs. 283,138.31 per share, resulting in total proceeds of Rs 113.55 Crores. Notably, this buyback involved shares from Sameer Mehta (2467 equity shares) and Aman Gupta (2467 equity shares).
Moving on to the subsequent fiscal year 2021-22, the company undertook a bonus issue of equity shares at a ratio of 1:199. The total issue size amounted to 94,77,375 equity shares, each with a face value of Rs 10.
In the fiscal year 2022-23, the company took the initiative to issue 0.01% Compulsorily Convertible Cumulative Preference Shares (CCCPS) at a face value of Rs. 3 each. These corporate actions reflect the company's strategic approach to capital management and shareholder value enhancement across different financial years.
BoAt Unlisted Share Price:
The current BoAt Unlisted share price as of 25 January is Rs ₹ 1,279 per share.
BoAt Unlisted Share Price in Depth
Face Value of BoAt Unlisted Share:₹ 1.00
Price per share as of 25 January:₹ 1,279
You can check the BoAt Unlisted Share Current Price at Precize.in
Price history BoAt Unlisted Shares:
BoAt Unlisted Shares and its Shareholding Pattern:
The company's shareholding structure reveals key stakeholders holding more than 5% of a particular class of shares. In the equity shares category, Mr. Sameer Mehta and Mr. Aman Gupta significantly influence the ownership, each holding 39.93% of the total equity shareholding. South Lake Investment Ltd also holds a notable position with a 19.26% stake in equity shares.
In the context of Series A Compulsorily Convertible Preference Shares (CCPS), Fireside Ventures Investment Fund - I hold the entire shareholding, constituting 100% ownership in this category. On the other hand, for Series B CCPS, South Lake Investment Ltd holds the majority with an 89.80% stake, while Qualcomm Ventures LLC holds a 10.20% share. This distribution of shareholding among key players reflects the diverse ownership structure and strategic investments within the company.
Financials BoAt Unlisted Shares.
Balance Sheet of BoAt Unlisted Shares:
Income Statement of BoAt Unlisted Shares:
Growth Opportunities and Challenges for BoAt Unlisted Shares.
Opportunities for BoAt Unlisted Shares:
The company has opportunities for growth through product diversification, expanding offline presence with retail stores and distributors, and leveraging celebrity endorsements for increased brand visibility and customer attraction. These strategies can enhance market reach and strengthen the company's position.
Challenges for BoAt Unlisted Shares:
The company contends with fierce competition from global leaders like Apple and Samsung. Successfully navigating this intense rivalry requires strategic differentiation in product offerings, features, and marketing approaches to secure a competitive edge in the dynamic tech market.
