Boss Packaging Solutions IPO Date, Review, Price, Allotment Details

Boss Packaging Solutions IPO open date is August 30, 2024 and the IPO will close on September 3, 2024. Boss Packaging Solutions is a Fixed Price Issue. The company to raise around ₹8.41 crores via IPO that comprises fresh issue of ₹8.41 crores and offer for sale up to [.] equity shares with face value of ₹10 each..

Boss Packaging Solutions IPO price band is ₹66. The retail quota is 50%, QIB is 0%, and HNI is 50%. Boss Packaging Solutions IPO to list on NSE on September 6, 2024. The allotment of Boss Packaging Solutions IPO date is September 4, 2024.

The company reported revenue of ₹12.18 crores in 2024 against ₹10.35 crore in 2023. The company reported profit of ₹1.01 crores in 2024 against profit of ₹1.01 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Boss Packaging Solutions IPO

Boss Packaging Solutions IPO Details

IPO Open Date:August 30, 2024
IPO Close Date:September 3, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹66 Per Share
Issue Size:Approx ₹8.41 Crores, 1,274,000 Equity Share
Fresh Issue:Approx ₹8.41 Crores, 1,274,000 Equity Share
Offer for Sale:NA
Issue Type:Fixed Price Issue
IPO Listing:NSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Boss Packaging Solutions IPO Market Lot

The Boss Packaging Solutions IPO minimum market lot is 2000 shares with ₹132,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹132,000
Retail Maximum22000₹132,000
HNI Minimum34000₹264,000

Boss Packaging Solutions IPO Dates

The Boss Packaging Solutions IPO date is August 30 and the close date is September 3. The Boss Packaging Solutions IPO allotment will be finalized on September 4 and the IPO listing on September 6.

IPO Open Date:August 30, 2024
IPO Close Date:September 3, 2024
Basis of Allotment:September 4, 2024
Refunds:September 5, 2024
Credit to Demat Account:September 5, 2024
IPO Listing Date:September 6, 2024

Promoters of Boss Packaging Solutions

The promoters of the company are Manishbhai Natvarbhai Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryakant Thakkar, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar and Premkumar Manishbhai Brahmbhatt.

About Boss Packaging Solutions

Boss Packaging Solutions Private Limited was incorporated in 2012. The company is a manufacturer, supplier, and exporter of various packaging machines, capping, filling machines, self-adhesive sticker labeling machines, turn tables, web sealers, etc. The company has served more than 60 customers during the financial year 2024. They also offer maintenance services, spare parts, and post-sales support. As of August 31, 2023, the company’s overall staff strength is 58 employees.

Boss Packaging Solutions Private Limited consistently endeavors to expand product offerings and solutions for technology-based machines and support for packaging and filling requirements. They are currently developing aseptic brick pack machines, RFC machines, BOPP labeling machines, unscramble machines, carbonated filling machines, and high-speed filling machines.

Boss Packaging Solutions Company Financial Report

The company reported revenue of ₹12.18 crores in 2024 against ₹10.35 crores in 2023. The company reported a profit of ₹1.01 crores in 2024 against a profit of ₹1.01 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹5.48₹4.92₹0.42₹2.79
2023₹10.35₹9.00₹1.01₹5.36
2024₹12.18₹10.79₹1.01₹7.66

Boss Packaging Solutions IPO Valuation – FY2024

Check Boss Packaging Solutions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:22.31%
ROCE:28.99%
EBITDA Margin:12.78%
PAT Margin:8.30%
Debt to equity ratio:0.14
Earning Per Share (EPS):₹3.38 (Basic)
Price/Earning P/E Ratio:19.53
Return on Net Worth (RoNW):22.31%
Net Asset Value (NAV):₹14.28

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Windsor Machines Limited(1.19)(166.39)(2.89)41.07353.97 Cr.
Manugraph India Limited(6.53)(4.18)(24.92)26.2165.76 Cr.
Macpower CNC Machines Limited24.2457.7120.36119.11241.04 Cr.

Objects of the Issue

  • Purchase of machineries;
  • Funding the Working Capital Requirements; and
  • General Corporate Purpose

Boss Packaging Solutions IPO Review

  • IPO Watch – May Apply
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  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
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  • Choice Broking –

Boss Packaging Solutions IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: https://ris.kfintech.com/

IPO Lead Managers aka Merchant Bankers

  • Fedex Securities Pvt Ltd

Company Address

Boss Packaging Solutions Limited
11-C, Survey No. 56/1/2/3, Ramdev Estate,
Near Siddipura Estate, Opposite Ramol Mehmdabad
Highway, Vin Zol Road, Ahmedabad-382445
Phone: 079-48972009
Email: [email protected]
Website: https://bosspackaging.in/

Boss Packaging Solutions IPO FAQs

What is Boss Packaging Solutions IPO?

Boss Packaging Solutions IPO is a SME IPO. The company is going to raise ₹8.41 Crores via IPO. The issue is priced at ₹66 pr equity share. The IPO is to be listed on NSE.

When Boss Packaging Solutions IPO will open for subscription?

The IPO is to open on August 30, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 3, 2024.

What is Boss Packaging Solutions IPO Investors Portion?

The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.

How to Apply the Boss Packaging Solutions IPO?

You can apply for Boss Packaging Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Boss Packaging Solutions Issue Size?

Boss Packaging Solutions issue size is ₹8.41 crores.

What is Boss Packaging Solutions IPO Price Band?

Boss Packaging Solutions IPO Price Band is ₹66.

What is Boss Packaging Solutions IPO Lot Size?

The minimum bid is 2000 Shares with ₹132,000 amount.

What is the Boss Packaging Solutions IPO Allotment Date?

Boss Packaging Solutions IPO allotment date is September 4, 2024.

What is the Boss Packaging Solutions IPO Listing Date?

Boss Packaging Solutions IPO listing date is September 6, 2024. The IPO is to list on NSE.

Note: The Boss Packaging Solutions IPO price band and date are officially announced. The (Boss Packaging Solutions IPO grey market premium) will be added to the IPO GMP page as it will start).
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