Boss Packaging Solutions Limited
Fixed Price IPO · NSE
- Price band
- ₹66 - ₹66
- Lot size
- 2,000 shares
- Issue amount
- ₹8.41 cr
- Total subscription
- 134.61×
- Opens
- 30 Aug 2024
- Closes
- 3 Sept 2024
- Allotment
- 4 Sept 2024
- Listing
- 6 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 12,74,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹8.41 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 31,72,260
- Shares after issue
- 44,46,260
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,32,000 |
| HNI | 2 | 4,000 | ₹2,64,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 3.99 | 658.97 |
| NIB | 3.99 | 414.22 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.38 | 6.44 | 2.68 |
| ROE | 22.31 | 49.75 | 41.14 |
| ROCE | 28.99 | 67.35 | 53.26 |
| RONW | 22.31 | 49.75 | 41.14 |
| PRE IPO(PE) | 20.72 | 0 | 0 |
| POST IPO(PE) | 29.04 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in January 2012, Boss Packaging Solutions Limited is a leading manufacturer, supplier, and exporter of a wide range of packaging machinery, including capping and filling machines, self-adhesive labeling machines, conveyors, turntables, web sealers, and sleeve applicators. Serving industries such as edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, juices and dairy, agriculture, food, and distilleries, the company has delivered equipment across 18 Indian states, 3 Union Territories, and 4 countries. Its product portfolio includes labeling, packing, filling, and sealing machines, along with accessories and complete packaging lines tailored to industry needs. Boss Packaging Solutions served 70 customers in FY 2024 and employs a dedicated workforce of 64 personnel as of August 2024.
Strengths
- Strong Marketing and Distribution Network: Boss Packaging Solutions Limited has built a reliable marketing and distribution system, ensuring smooth product delivery across different regions and countries.
- Wide Customer Base with Long-Term Trust: The company serves customers from various industries and has built long-lasting relationships based on trust and dependable service.
- Variety of Products: Boss Packaging Solutions offers a wide range of machines for packaging, capping, filling, and labeling, providing flexible solutions for different industry needs.
Risk factors
- Geographical Risk: The Company’s factories are located in Ahmedabad, Gujarat. Any negative events in this region could affect the Company’s operations and financial performance.
- Capacity Utilization: The factories are not working at full capacity right now, and there’s no surety they will improve. This could impact production efficiency and profits.
- Customer Concentration: The Company depends on a small number of key customers for a large part of its income. Losing any of these customers could seriously affect the business and earnings.
Promoters
Manishbhai Natvarbhai Brahmbhatt
Kamlesh Hasmukhbhai Patel
Ketan Suryakant Thakkar
Jagrutiben Manishbhai Brahmbhatt
Bhavikaben Ketan Thakkar
Premkumar Manishbhai Brahmbhatt
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Opposite Ramol Mehmdabad, Highway, Vin Zol Road, Ahmedabad-382445
079-48972009
[email protected]Company website ↗Understanding BOSS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.