Boss Packaging Solutions Ltd IPO

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.

Open Demat Account

50years

Boss Packaging Solutions Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 12.74 LTBA₹ 6.04 L₹ 31.72 LNSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
30 Aug, 2403 Sep, 242000 TBA Fixed Price - SME06 Sep, 24

Boss Packaging Solutions Ltd IPO Dates

  • 30 Aug 2024

    Opening date

  • 03 Sep 2024

    Closing date

  • 04 Sep 2024

    Basis of
    Allotment

  • 05 Sep 2024

    Initiation of
    Refunds

  • 05 Sep 2024

    Credit of
    Shares

  • 06 Sep 2024

    Listing date

Details

SectorType
SectorEngineering
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x02012000
NII100.58x60400060748000
Retail165.3x60400099844000
Employee0x00
Total127.63x1274000162604000

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)FY23FY22FY21
Revenue from operations1.441.400.61
EBITDA1.491.450.66
PAT1.011.010.42
Total Assets7.535.232.66
Share Capital3.170.010.01
Total Borrowings0.410.260.30
Operating Activities (Net Cash)1.061.060.47
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)0.410.260.30
Net Cashflow0.050.280.13

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.

Get your FAQs right

Boss Packaging Solutions Ltd's IPO offers shares for up to ₹ 0 L It begins on Aug 30, 2024 and ends on Sep 3, 2024.

The price of Boss Packaging Solutions Ltd IPO ranges between NA to NA per share.

The Boss Packaging Solutions Ltd IPO opens on Aug 30, 2024 and closes on Sep 3, 2024.

The allotment for the Boss Packaging Solutions Ltd IPO will be finalised on Sep 4, 2024. The shares will be listed on BSE and NSE on Sep 6, 2024.

The minimum lot size for Boss Packaging Solutions Ltd IPO is 2000 shares, priced between NA to NA per share.

The GMP (Grey Market Premium) of Boss Packaging Solutions Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Boss Packaging Solutions Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Boss Packaging Solutions Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 30, 2024, and closes on Sep 3, 2024. The allotment is finalised on Sep 4, 2024.

To apply for the Boss Packaging Solutions Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.