Boss Packaging Solutions Limited manufactures, supplies, and exports a variety of packaging, capping, and filling machines. They also offer self-adhesive sticker labelling machines, conveyors, turntables, web sealers, and sleeve applicators.
The company’s product portfolio includes a variety of labeling, packing, filling, and sealing machines, as well as accessories and full packaging lines, which are used in various industries.
The company supplies its products to industries such as 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.
The company has served 70 customers, 60 customers and 50 customers during the Fiscal 2024, Fiscal 2023 and Fiscal 2022, respectively.
As of August 2024, The company has sold its machines in over 18 Indian states, 3 Union territories, and 4 countries..
As on March 31, 2024, the company employs a total of 64 staff members, consisting of skilled and unskilled labor, administrative personnel, and the management team.
Boss Packaging Solutions IPO – Details
| IPO Opening Date | 30 August 2024 |
| IPO Closing Date | 03 September 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 12,74,000 Shares Worth ₹8.41 Crore Fresh Issue: 12,74,000 Shares Worth ₹8.41 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹66 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Boss Packaging Solutions IPO – Date Schedule
| IPO Open Date | 30 August 2024 |
| IPO Close Date | 03 September 2024 |
| Basis of Allotment | 04 September 2024 |
| Initiation of Refund | 05 September 2024 |
| Credit of Shares to Demat Account | 05 September 2024 |
| IPO Listing Date | 06 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 03, 2024 |
Boss Packaging Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,32,000 |
| Retail (Max) | 1 | 2000 | ₹1,32,000 |
| HNI (Min) | 2 | 4000 | ₹2,64,000 |
Competitive Strengths
- Strong Marketing and Distribution network;
- Diversified customer base and long-standing relationship with our customers;
- Diversified Product Portfolio;
- Experienced Promoter Directors with extensive domain knowledge.
Company Promoters
- Manishbhai Natvarbhai Brahmbhatt
- Kamlesh Hasmukhbhai Patel
- Ketan Suryakant Thakkar
- Jagrutiben Manishbhai Brahmbhatt
- Bhavikaben Ketan Thakkar
- Premkumar Manishbhai Brahmbhatt
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 5.48 | 4.92 | 0.41 | 0.19 |
| 31 March 2023 | 10.34 | 9.00 | 1.00 | 0.03 |
| 31 March 2024 | 12.17 | 10.78 | 1.01 | 0.65 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.31% |
| ROCE | 28.99% |
| Debt/Equity | 0.14 |
| RoNW | 22.31% |
| P/BV | 4.62 |
| PAT Margin (%) | 8.3 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 3.19 | 2.27 |
| P/E (x) | 20.72 | 29.04 |
Object Of The Issue
- Purchase of machineries;
- Funding the Working Capital Requirements; and
- General Corporate Purpose.
Boss Packaging Solutions IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 71.35% |
Boss Packaging Solutions IPO Prospectus
Company Contact Information
| 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/ |
Boss Packaging Solutions IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: bpsl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Boss Packaging Solutions IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Boss Packaging Solutions IPO FAQs
| What is Boss Packaging Solutions IPO? Boss Packaging Solutions IPO is a SME IPO. The issue is priced at ₹66 per equity share. The IPO is to be listed on NSE SME. |
| When Boss Packaging Solutions IPO will open? The IPO is to open on 30 August 2024 for NII and Retail Investors. |
| What is Boss Packaging Solutions IPO Investors Portion? The investors’ portion for Retail – 50% and NII – 50%. |
| How to Apply the Boss Packaging Solutions IPO? You can apply Boss Packaging Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Boss Packaging Solutions IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Boss Packaging Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Boss Packaging Solutions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Boss Packaging Solutions IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Boss Packaging Solutions IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Boss Packaging Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Boss Packaging Solutions IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Boss Packaging Solutions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Boss Packaging Solutions IPO Size? Boss Packaging Solutions IPO size is ₹8.41 Crore. |
| What is Boss Packaging Solutions IPO Price Band? Boss Packaging Solutions IPO Price Band is ₹66. |
| What is Boss Packaging Solutions IPO Minimum and Maximum Lot Size for retail? The minimum bid is 2000 Shares with ₹1,32,000 amount while the maximum bid is 2000 Shares with ₹1,32,000. |
| What is the Boss Packaging Solutions IPO Allotment Date? Boss Packaging Solutions IPO allotment date is 04 September 2024. |
| What is the Boss Packaging Solutions IPO Listing Date? Boss Packaging Solutions IPO listing date is 06 September 2024. The IPO is to be listed on NSE SME. |
