Boss Packaging Solutions Ltd IPO
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Boss Packaging Solutions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 12.74 L | TBA | ₹ 6.04 L | ₹ 31.72 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Aug, 24 | 03 Sep, 24 | 2000 | TBA | Fixed Price - SME | 06 Sep, 24 |
Boss Packaging Solutions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 2012000 |
| NII | 100.58x | 604000 | 60748000 |
| Retail | 165.3x | 604000 | 99844000 |
| Employee | 0x | 0 | 0 |
| Total | 127.63x | 1274000 | 162604000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Boss Packaging Solutions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.44 | 1.40 | 0.61 |
| EBITDA | 1.49 | 1.45 | 0.66 |
| PAT | 1.01 | 1.01 | 0.42 |
| Total Assets | 7.53 | 5.23 | 2.66 |
| Share Capital | 3.17 | 0.01 | 0.01 |
| Total Borrowings | 0.41 | 0.26 | 0.30 |
| Operating Activities (Net Cash) | 1.06 | 1.06 | 0.47 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 0.41 | 0.26 | 0.30 |
| Net Cashflow | 0.05 | 0.28 | 0.13 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Boss Packaging Solutions Ltd
Boss Packaging Solutions Limited was incorporated on January 10, 2012 as `Boss Packaging Solutions Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 10, 2012, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the name of the Company was changed from Boss Packaging Solutions Private Limited to Boss Packaging Solutions Limited, pursuant to conversion from private to public company and a fresh certificate of incorporation dated August 10, 2023 issued by the Registrar of Companies, Ahmedabad, Gujarat.
Manufacturing is emerging as an integral pillar in the country's economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India's GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India. Today, technology has stimulated innovation with digital transformation a key aspect in gaining an edge in this highly competitive market.
The Company is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machine, conveyors, turn tables, web sealers, electric tunnels, etc. Its products find application in various end-use industries including 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.
Peer Comparison:
- Windsor Machines Ltd
- Manugraph India Ltd
- Macpower CNC Machines Ltd
Boss Packaging Solutions Ltd IPO Key Points
Strengths
- Strong Marketing and Distribution network.
- Diversified customer base and long-standing relationship with its customers.
- Diversified Product Portfolio.
- Experienced Promoter Directors with extensive domain knowledge.
Risk
- The company's Manufacturing Units is located at Ahmedabad in Gujarat and any adverse developments affecting this region could have an adverse effect on its business, results of operations and financial condition.
- Continued operations at its Manufacturing Unit is critical to the company's business and any disruption in its Manufacturing Unit would have a material adverse effect on its business, results of operations and financial condition. Further, its Manufacturing Unit are not operating at optimum capacity utilization and there can be no assurance that the company will be successful in achieving such utilization levels.
- The company is heavily reliant on a few customers and its derives a significant part of the company revenue from select customers. The loss of any significant customer may have a material adverse effect on its business and results of operations.
Strategy
- Increasing Geographical Presences.
- Focus on quality.
- Widening its product basket.
- Augmenting manufacturing capabilities.
- Improve and increase operational efficiencies.
- Strong Marketing and Distribution network.
- Diversified customer base and long-standing relationship with its customers.
- Diversified Product Portfolio.
- Experienced Promoter Directors with extensive domain knowledge.
How To Apply for Boss Packaging Solutions Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
