Boss Packaging Solutions IPO Details
The Boss Packaging Solutions IPO is a fixed price issue with a total issue size of ₹8.41 cr, comprising of fresh issue of 1274000 equity shares. Boss Packaging Solutions IPO opened for subscription on Aug 30, 2024 and closed on Sep 03, 2024. Boss Packaging Solutions IPO has set the price at ₹66 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹264,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 04, 2024, and listed on the NSE on Sep 06, 2024.
Kfin Technologies Limited has been appointed as the registrar. Fedex Securities Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Boss Packaging Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 66 – 66
- Lot Size
- 2000
- Issue Size
- ₹8.41 Cr
- Minimum Investment
- ₹264000 (4000 Shares)
- Listing Date
- 06 September 2024
Current GMP
₹12 (+18.18%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Boss Packaging Solutions Limited
Founded in 2012 Boss Packaging Solutions Limited as a manufacturer of filling and sticker labeling machines, Boss Packaging has evolved into a manufacturer, supplier, and exporter of a wide range of packaging solutions. Their product lineup includes capping and filling machines, self-adhesive sticker labeling machines, conveyors, turn tables, web sealers, sleeve applicators, and more. The company has established a sales and distribution network across India.
The company’s products are used in various industries, including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquids, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetics and toiletries, and distilleries and breweries. Boss Packaging served over 70 customers in Fiscal year 2024, 60 customers in Fiscal year 2023, and 50 customers in Fiscal year 2022.
As of 31 March 2024, the company has a total staff strength of 64 employees, including skilled and unskilled labor, administrative staff, and the management team.
Boss Packaging Solutions IPO Promoters
The promoters of the company are
- Manishbhai Natvarbhai Brahmbhatt
- Kamlesh Hasmukhbhai Patel
- Ketan Suryakant Thakkar
- Jagrutiben Manishbhai Brahmbhatt
- Bhavikaben Ketan Thakkar
- Premkumar Manishbhai Brahmbhatt
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
71.35%
Boss Packaging Solutions IPO Objective
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Purchase of machineries
- Funding the Working Capital Requirements
- General Corporate Purpose
Address / Contact Info
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: cs@bosspackaging.in
Website: https://bosspackaging.in
IPO Snapshot
Book Running Lead Managers
- Fedex Securities Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Boss Packaging Solutions IPO is a Fixed price IPO with a total issue size of ₹8.41 crore. The Boss Packaging Solutions IPO price band is ₹66 to 66 per share. The Boss Packaging Solutions IPO subscription opens on Fri, Aug 30, 2024, and closes on Tue, Sep 3, 2024. The Boss Packaging Solutions IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the Boss Packaging Solutions IPO.
The Boss Packaging Solutions IPO opens on Fri, Aug 30, 2024 and closes on Tue, Sep 3, 2024
Boss Packaging Solutions IPO Price Band is ₹66 to 66 per share.
Boss Packaging Solutions IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
The minimum investment for Boss Packaging Solutions IPO is ₹264000, based on one lot of 2000 shares at the upper price band of ₹66 per share.
Investors can apply for the Boss Packaging Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 3, 2024. The application amount remains blocked until the Boss Packaging Solutions IPO allotment is finalized.
Boss Packaging Solutions IPO issue size is ₹8.41 crores.
Boss Packaging Solutions IPO allotment date is Wed, Jul 1, 2026.
The registrar for Boss Packaging Solutions IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Boss Packaging Solutions IPO allotment status, refund processing, and other IPO-related information.
The Boss Packaging Solutions IPO GMP (Grey Market Premium) is ₹12 as of Tue, Sep 3, 2024. Based on the upper price band of ₹66 per share, the estimated Boss Packaging Solutions IPO listing price is ₹78, indicating a potential listing gain of approximately 0% over the issue price.