Boss Packaging Solutions IPO
Boss Packaging Solutions is an NSE SME IPO listed on the NSE SME platform, priced at ₹66 per share. The stock debuted at ₹82.5, delivering a listing gain of 25.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,32,000.
Boss Packaging Solutions Limited IPO
- IPO Dates
- Aug 30, 2024 – Sep 3, 2024
- Price band
- ₹66 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹8.41 Cr
- Lot size
- 2000
- Allotment Date
- Sep 4, 2024
- Listing
- Sep 6, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 30, 2024
Open Date
Completed
-
Sep 3, 2024
Close Date
Completed
-
Sep 4, 2024
Allotment Date
Completed
-
Sep 6, 2024
Listing Date
Completed
Boss Packaging Solutions IPO Essentials
Boss Packaging Solutions IPO Details
Boss Packaging Solutions IPO is priced at ₹66 per share with a total issue size of 8.41 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹66 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,274,000 shares(aggregating up to ₹8.41 Cr)
- Total issue size
- 12,74,000 shares
(aggregating up to ₹8.41 crore) - Fresh issue
- 12,74,000 shares
(aggregating up to ₹8.41 crore) - Listing at
- NSE SME
- List price
- 82.5
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,32,000 |
| Retail(max) | 1 | 2000 | ₹1,32,000 |
| NII (min) | 2 | 4,000 | ₹2,64,000 |
Boss Packaging Solutions IPO Documents
Boss Packaging Solutions IPO Reservation
Boss Packaging Solutions IPO reservation details show category-wise allocation of shares. Out of the total 12,74,000 shares, approximately 47.41% for retail investors, and 5.18% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 66,000 (5.18%) | |
| Retail Shares Offered | 6,04,000 (47.41%) | |
| Total Shares Offered | 12,74,000 (100%) |
Boss Packaging Solutions IPO Analytics
Boss Packaging Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Boss Packaging Solutions IPO Subscription Status
Boss Packaging Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹3.19/-
- EPS Post IPO
- ₹2.27/-
- P/E Pre IPO
- 20.72
- P/E Post IPO
- 29.04
Returns
- ROE
- 22.31%
- ROCE
- 28.99%
- RoNW
- 22.31%
- PAT Margin
- 8.30
Fundamentals
- Debt / Equity
- 0.14
- Price / Book
- 4.62
Boss Packaging Solutions Financials( In Lakhs)
| 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 |
Boss Packaging Solutions Company & Offer Insights
About Boss Packaging Solutions
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)
Manishbhai Natvarbhai Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryakant Thakkar, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar and Premkumar Manishbhai Brahmbhatt. are the company's promoters of Boss Packaging Solutions.
Boss Packaging Solutions IPO Issue Objectives
- •
- Purchase of machineries
- •
- Funding the Working Capital Requirements
- •
- General Corporate Purpose
Boss Packaging Solutions IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Boss Packaging Solutions Limited | 3.38 | 3.38 | 14.28 | 19.53 | 22.31 | 4.71 | Standalone |
| Windsor Machines Ltd. | -1.19 | -1.19 | 41.07 | -166.39 | -2.89 | 4.83 | Standalone |
| Manugraph India Ltd. | -6.53 | -6.53 | 26.21 | -4.18 | -24.92 | 1.04 | Standalone |
| Macpower Cnc Machines Limited | 24.24 | 24.24 | 119.11 | 57.71 | 20.36 | 11.76 | Standalone |
Notes:
- The figures for Boss Packaging Solutions Limited are based on the Restated Financial Statements for the period ended March 31, 2024.
- The figures for the peer group are for the year ended March 31, 2024, and are based on their standalone financial statements, unless specified, filed with the Stock Exchange.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
- P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on August 23, 2024, sourced from the website of Stock Exchange and divided by the Basic/Diluted EPS as applicable.
- RoNW is computed as net profit after tax, as attributable to the owners of the Company divided by closing net worth.
Contact Information
Contact Details
Boss Packaging Solutions
079-48972009
11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Opposite Ramol Mehmdabad, Highway, Vin Zol Road, Ahmedabad-382445
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Boss Packaging Solutions IPO is a Fixed Priced IPO worth ₹8.41 crore. The issue price is ₹66 per share (fixed price). The IPO opens on Aug 30, 2024 and closes on Sep 3, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of Boss Packaging Solutions IPO is ₹66 per share (fixed price).
The lot size of Boss Packaging Solutions IPO is 2000 shares.
The minimum investment for Boss Packaging Solutions IPO is approximately ₹1,32,000 based on the issue price .
Boss Packaging Solutions IPO opens on Aug 30, 2024 and closes on Sep 3, 2024.
The allotment date of Boss Packaging Solutions IPO is Sep 4, 2024.
Boss Packaging Solutions IPO is expected to be listed on Sep 6, 2024, on NSE SME Platform.
Boss Packaging Solutions IPO valuation snapshot: P/E 29.04, EPS ₹2.27/-, P/B 4.62, RoNW 22.31%, and market cap N/A.
To apply for Boss Packaging Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Boss Packaging Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Boss Packaging Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Boss Packaging Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Boss Packaging Solutions IPO allotment status on IPO Ji for quick and easy access.