Boss Packaging Solutions Limited IPO
NSE SMEListed On: Sep 6, 2024 at ₹ 82.5
₹ 132000 /2000 Shares
Check Allotment30 Aug, 2024
Open Date03 Sep, 2024
Close Date04 Sep, 2024
Allotment Date06 Sep, 2024
Listing DateIssue Price
₹66 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
82.5Listing Date
2024-09-06Market Lot
2000 Shares (₹132,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
1,274,000 shares(aggregating up to ₹8.41 Cr)Retail Portion
50%Subscription
133.38 timesIPO Docs
DRHPBoss Packaging Solutions IPO Details
Boss Packaging Solutions Limited IPO is an SME IPO, priced at ₹66 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 12,74,000 equity shares, aggregating up to ₹8.41 crores..
The IPO bidding window is open from Aug 30, 2024 to Sep 3, 2024. The allotment is expected to be finalized on Sep 4, 2024, and the tentative listing date is Sep 6, 2024.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Fedex Securities Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and B.N. Rathi Securities Limited will act as the market maker for this issue.
Boss Packaging Solutions IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 604,000 | 604,000 | 1,208,000 |
| Day 1 - 30-08-24 06:00 PM | 1.33 x | 3.58 x | 2.46 x |
| Day 2 - 02-09-24 06:00 PM | 6.03 x | 40.79 x | 23.41 x |
| Day 3 - 03-09-24 06:00 PM | 103.75 x | 163.02 x | 133.38 x |
Boss Packaging Solutions Valuations
EPS Pre IPO
₹3.19/-EPS Post IPO
₹2.27/-P/E Pre IPO
20.72P/E Post IPO
29.04ROE
22.31%ROCE
28.99%Debt/Equity
0.14RoNW
22.31%PAT Margin
8.30Price to Book Value
4.62Boss Packaging Solutions Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 766.10 | 536.12 | 279.21 |
| Revenue | 1,217.54 | 1,034.71 | 548.21 |
| Profit After Tax | 101.04 | 100.51 | 41.77 |
| Net Worth | 452.93 | 202.04 | 101.53 |
| Reserves & Surplus | 135.70 | 201.04 | 100.53 |
| Total Borrowing | 65.62 | 3.70 | 19.73 |
About The Company
Boss Packaging Solutions Limited was incorporated in January 2012. Manufacturing, supplying and exporting packaging, capping and filling machines make up their array of products as well as a self-adhesive sticker labelling machine, conveyor, turn table, web sealer, sleeve applicator amongst others.
These products of theirs include a multitude of labeling and packing, filling and sealing units and accessories, in addition to full packaging lines employed in diverse applications.
The company provides its product to the sectors of edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.
During the Fiscal 2024, Fiscal 2023 and Fiscal 2022, the company has catered to 70 customers, 60 customers and 50 customers, respectively.
As of August 2024, The company sold its machines to more than 18 Indian states, 3 Union territories, and 4 countries.
The company, as on March 31, 2024, employed a total number of 64 staff members who are divided into skilled and unskilled labor, administrative staff, and the management team.
Boss Packaging Solutions - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 71.35%
- Manishbhai Natvarbhai Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryakant Thakkar, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar and Premkumar Manishbhai Brahmbhatt.
Boss Packaging Solutions IPO - Issue Objectives
- Purchase of machineries
- Funding the Working Capital Requirements
- General Corporate Purpose
Other Details
Boss Packaging Solutions
11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Opposite Ramol Mehmdabad, Highway, Vin Zol Road, Ahmedabad-382445Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bpsl.ipo@kfintech.com
Boss Packaging Solutions IPO - FAQs
Ans. Boss Packaging Solutions Limited IPO is a SME IPO. The issue is priced at ₹66 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Aug 30, 2024, and closes on Sep 3, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Boss Packaging Solutions Limited IPO opens on Aug 30, 2024 and closes on Sep 3, 2024.
Ans. The size of Boss Packaging Solutions Limited IPO is 1,274,000 shares(aggregating up to ₹8.41 Cr).
Ans. The IPO price band is set between ₹66 per equity share.
Ans. To apply for Boss Packaging Solutions Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Boss Packaging Solutions Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Boss Packaging Solutions Limited IPO is Sep 4, 2024.
Ans. The Boss Packaging Solutions Limited IPO will be listed on Sep 6, 2024.
Ans. Follow the steps to check the allotment status for Boss Packaging Solutions Limited IPO here.
