Boss Packaging Solutions Limited IPO
- IPO Date30 Aug, 2024 to 03 Sep, 2024
- Listing Date06 Sep, 2024
- Face Value₹10 per share
- Issue Price₹66 to ₹66 per share
- Lot Size2000 Shares
- Minimum Investment₹1,32,000
- Listing AtNSE SME
- Total Issue Size12,74,000 Shares
(aggregating up to ₹8.41 Cr) - Fresh Issue12,74,000 Shares
(aggregating up to ₹8.41 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue31,72,260
- Shareholding post issue44,46,260
IPO Dates
Closing Date
03 Sep, 2024
Initiation of Refunds
05 Sep, 2024
Listing Date
06 Sep, 2024
30 Aug, 2024
Opening Date
04 Sep, 2024
Basis of Allotment
05 Sep, 2024
Credit of Shares
Boss Packaging Solutions Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below 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 |
| HNI (Min) | 2 | 4000 | ₹2,64,000 |
| Retail (Max) | 1 | 2000 | ₹1,32,000 |
Boss Packaging Solutions Limited Promoter Holding
The promoters of the company, are Manishbhai Natvarbhai Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryakant Thakkar, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar and Premkumar Manishbhai Brahmbhatt.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 71.35% |
Boss Packaging Solutions Limited COMPANY INFORMATION
Boss Packaging Solutions IPO is a fixed price issue of Rs 8.41 crores. The issue is entirely a fresh issue of 12.74 lakh shares. Boss Packaging Solutions IPO bidding opened for subscription on August 30, 2024 and will close on September 3, 2024. The allotment for the Boss Packaging Solutions IPO is expected to be finalized on Wednesday, September 4, 2024. Boss Packaging Solutions IPO will list on NSE SME with tentative listing date fixed as Friday, September 6, 2024. Boss Packaging Solutions IPO price is ₹66 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹264,000. Fedex Securities Pvt Ltd is the book running lead manager of the Boss Packaging Solutions IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Boss Packaging Solutions IPO is B.N. Rathi Securities. Refer to Boss Packaging Solutions IPO RHP for detailed information.
Incorporated in January 2012, 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.
FAQs About Boss Packaging Solutions Limited Ipo
Boss Packaging Solutions Limited IPO will open on 30 Aug, 2024 and close on 03 Sep, 2024. Investors must apply within this period to participate.
The Boss Packaging Solutions Limited IPO price band is set between ₹66.00 and ₹66.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹132000.00.
The Boss Packaging Solutions Limited IPO shares are expected to be listed on 06 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Boss Packaging Solutions Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Boss Packaging Solutions Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.