boAt IPO Details

boAt (Imagine Marketing Limited) is coming up with an IPO to raise 2000Crs. The offer is a combination of both fresh issue (900 Cr) and offer for sale(1100 Cr).

The companies business is mainly focused on lifestyle consumer products which they offer at an affordable prices.

Their products like smartwatches and audio equipment have performed exceptionally well and led the market positions.

The net proceeds from the IPO well be used to repay/prepay the company borrowings in part or full.

The remaining will be used for general corporate purposes.

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IPO Strengths

  • Very well known brand image and also one of the leading brand among its competitors with multiple product categories to offer.
  • Well established digital presence which allows them to reach across different consumer sectors.
  • Experienced and qualified management with deep industry knowledge and proven track record.

IPO Weaknesses

  • Competition from highly established peers
  • Dependency on third party suppliers
  • Pricing pressure from customers and distributors.

boAt Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Thousand cr.

+0.226

+0.610

+1.320

10

8

6

4

2

0

2019
2020
2021

boAt IPO Dates

Open DateTo be announced
Close DateTo be announced
Allotment Date To be announced
Initiation of RefundsTo be announced
Credit of Shares to Demat AccountTo be announced
Listing DateTo be announced

boAt IPO Lot Size

Minimum Lot Size1
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for boAt IPO

No AMC Charges
Free Demat Account Opening
Low DP Charges
Zero AMC Charges for First Year
Free Research Advisory
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory

boAt IPO Subscription Breakup

QIBs50%
Non Institutional Investors 15%
Retail Investors35%

How to Apply for boAt IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the boAt IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the boAt IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

boAt IPO FAQs

The boAt IPO is yet to be officially announced. As no notification is available for the boAt IPO yet, investors must watch for any updates.

Since the company has not issued the IPO officially yet, there is no information on the subscription closing date and time. However, investors usually have three to six days to bid for an IPO subscription.

It is possible to check the boAt IPO allotment status on the portal of your broker or registrar. Information regarding the allotment status is also conveyed via email and SMS from issuing and holding authorities, like the BSE, NSE, CDSL, and NSDL.

The company is yet to issue its IPO in the market.

The IPO refunds are usually initiated based on the refund date issued by SEBI. Once the dates are finalized, your respective banks can initiate the refund if the allotment is not obtained. If the banks cannot unlock your funds within the fund initiation date, it is relieved by the mandate end date. If there is any discrepancy regarding this, investors need to reach out to the banks immediately.

The shares are credited to the investor's DEMAT account once allotment is issued successfully. This can only be viewed after the declared period is over.

Yes, it is possible to revise or cancel an IPO application if you do it within the IPO subscription closing date.

The time of applying for any IPO is usually between Monday to Friday each week, which are the normal business days for the market. Still, it is recommended to contact your registrar for any further information.