Company Intelligence Profile
Imagine Marketing Limited
Imagine Marketing Limited is the Mumbai-based company behind boAt, a consumer audio and wearables brand sold online and in stores.
Last updated 26 October 2026
Imagine Marketing Limited is a Mumbai-based public company that runs the boAt brand of earphones, headphones, smartwatches and speakers. It was incorporated on 01 November 2013 and sells through online, direct-to-consumer and offline channels. For FY2024-25 it reported revenue of ₹3,062.8 Cr and net profit of ₹64.2 Cr, after a net loss of ₹(53.6) Cr in FY2023-24.
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Company Identity
| Registered name | Imagine Marketing Limited |
|---|---|
| CIN | U52300MH2013PLC249758 |
| PAN | AADCI3821M |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 01 November 2013 |
| ROC | RoC Maharashtra (Mumbai) |
| Sector (NIC) | Consumer Brands |
| Registered address | Unit No. 204 & 205, 2nd Floor, D-Wing & E-Wing, Corporate Avenue, Andheri-Ghatkopar Link Road, Mumbai, Maharashtra 400093 |
| Authorized capital | ₹35.0 Cr |
| Paid-up capital | ₹22.5 Cr |
Source: www.tofler.in, www.thecompanycheck.com
Business Overview
- Imagine Marketing Limited runs the boAt brand of earphones, headphones, earbuds, smartwatches, speakers and accessories.
- It sells through e-commerce, direct-to-consumer channels and offline retail across India.
- It also runs a direct-to-consumer electronics brand called Shaaimu.
- The company was incorporated on 01 November 2013 and is based in Mumbai.
Source: www.tofler.in
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Aman Gupta | 02249682 | Whole-time Director | - |
| Sameer Ashok Mehta | 02945481 | Whole-time Director | - |
| Anish Kumar Saraf | 00322784 | Director | - |
| Vivek Gambhir | 06527810 | Director | - |
| Deven Pravinchandra Waghani | 09434542 | Director | - |
| Aashish Ramdas Kamat | 06371682 | Director | - |
| Anand Ramamoorthy | 05277865 | Director | - |
| Purvi Sheth | 06449636 | Director | - |
Source: www.tofler.in, www.thecompanycheck.com
Financials
- Revenue ₹3,062.8 Cr
- EBITDA ₹102.0 Cr
- Net profit ₹64.2 Cr
- Net worth ₹539.2 Cr
- Total borrowings ₹595.1 Cr
- Revenue ₹3,103.8 Cr
- EBITDA ₹(3.8) Cr
- Net profit ₹(53.6) Cr
- Net worth ₹471.5 Cr
- Total borrowings ₹860.2 Cr
Source: www.tofler.in, www.thecompanycheck.com
Charges & Borrowings
| DBS Bank India | ₹75.0 Cr, created 26 Jun 2024 |
|---|---|
| RBL Bank | ₹225.0 Cr across 2 charges, created 25 Oct 2021 and 01 Nov 2022 |
| Axis Bank | ₹75.0 Cr, created 13 Jul 2022 |
| HSBC | ₹150.0 Cr, created 23 Dec 2021 |
| HDFC Bank | ₹60.0 Cr, created 04 Jun 2021 |
Source: www.tofler.in, www.thecompanycheck.com
Legal & Compliance
| Delhi High Court, 2025 | Imagine Marketing Ltd vs Vinod Kumar Gupta and another, a trademark matter (C.O.(COMM.IPD-TM) 118/2025) |
|---|---|
| Delhi High Court, 2023 | Imagine Marketing Limited vs Ashok Kumar and others, a commercial dispute (CS(COMM) 946/2023), with orders on 11 Jan 2024 and 27 Sep 2024 |
Source: indiankanoon.org
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