Imagine Marketing Ltd., which has a brand of earphone boats and smartwatches, has filed a DRAF document with the Indian Stock Exchange Board (SEBI) for the initial public offering of Rs 2,000 Crore (IPO), the latest to join the company string register on the stock exchange.
The company is supported by Marquee investors such as Fireside Ventures, Qualcomm Ventures LLC and South Lake Investment Ltd, Affiliates from the Pincus Warburg Group.
IPO consists of a new edition of RS 900 Crore and offers for sale 1,100 crore by promoters and existing shareholders.
OFS consists of sales up to RS 150 crore shares by Safe Gupta, Rs 150 Crore by Sameer Mehta and RS 800 Crore by South Lake Investment Ltd.
Mehta and Gupta held around 40.05 percent of each shares in the company, with South Lake Share for 19.32 percent.
New problems, companies will use around Rs 700 Crore to pay debts. In December 2021, the company had a total loan guaranteed and unsafe from RS 764.18 Crore.
Axis Capital, Credit Securities, Credit Suisse Securities India and Icici Securities is the main manager who runs a book for this problem.
Launched in 2014, the boat has established a leading market position in the amount of volume and value in India in various categories of high-growth consumers such as audio and smartwatch.
The company offers products at various price points and customer segments in several product categories, which consist of audio (cable headphones and earphones, wireless headphones and earphones (Netel), true wireless stereo, speakers and home theater bar sounds), which can be worn ( Smartwatches), gaming accessories (cable and wireless headsets, mice and keyboards), personal care equipment (trimmer and maintenance equipment) and cellular accessories (chargers, cables, power banks, and other accessories).
On September 20, 2021, for the second year’s financial quarter of 2022, the company has number one in India among wireless brands that are heard based on the value and volume and second place among Smartwatch brands in India in terms of volume.
For FY21, the company reported RS 1320.38 Crore’s revenue against Rs 609.96 Crore a year ago. Net income for this year reached RS 86.54 Crore versus Rs 47.80 Crore last year.
For the six-month period end September 2021, the total income reached Rs 1553.15 Crore while net income was at Rs 118.32 Crore.
Imagine Marketing Ltd., which has a brand of earphone boats and smartwatches, has filed a DRAF document with the Indian Stock Exchange Board (SEBI) for the initial public offering of Rs 2,000 Crore (IPO), the latest to join the company string register on the stock exchange.
The company is supported by Marquee investors such as Fireside Ventures, Qualcomm Ventures LLC and South Lake Investment Ltd, Affiliates from the Pincus Warburg Group.
IPO consists of a new edition of RS 900 Crore and offers for sale 1,100 crore by promoters and existing shareholders.
OFS consists of sales up to RS 150 crore shares by Safe Gupta, Rs 150 Crore by Sameer Mehta and RS 800 Crore by South Lake Investment Ltd.
Mehta and Gupta held around 40.05 percent of each shares in the company, with South Lake Share for 19.32 percent.
New problems, companies will use around Rs 700 Crore to pay debts. In December 2021, the company had a total loan guaranteed and unsafe from RS 764.18 Crore.
Axis Capital, Credit Securities, Credit Suisse Securities India and Icici Securities is the main manager who runs a book for this problem.
Launched in 2014, the boat has established a leading market position in the amount of volume and value in India in various categories of high-growth consumers such as audio and smartwatch.
The company offers products at various price points and customer segments in several product categories, which consist of audio (cable headphones and earphones, wireless headphones and earphones (Netel), true wireless stereo, speakers and home theater bar sounds), which can be worn ( Smartwatches), gaming accessories (cable and wireless headsets, mice and keyboards), personal care equipment (trimmer and maintenance equipment) and cellular accessories (chargers, cables, power banks, and other accessories).
On September 20, 2021, for the second year’s financial quarter of 2022, the company has number one in India among wireless brands that are heard based on the value and volume and second place among Smartwatch brands in India in terms of volume.
For FY21, the company reported RS 1320.38 Crore’s revenue against Rs 609.96 Crore a year ago. Net income for this year reached RS 86.54 Crore versus Rs 47.80 Crore last year.
For the six-month period end September 2021, the total income reached Rs 1553.15 Crore while net income was at Rs 118.32 Crore.
