Last updated on September 6, 2024
Boss Packaging IPO description – Founded in 2012 as a manufacturer of filling and sticker labeling machines, Boss Packaging has evolved into a manufacturer, supplier, and exporter of a wide range of packaging solutions. Their product lineup includes capping and filling machines, self-adhesive sticker labeling machines, conveyors, turn tables, web sealers, sleeve applicators, and more. The company has established a sales and distribution network across India.
The company’s products are used in various industries, including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquids, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetics and toiletries, and distilleries and breweries. Boss Packaging served over 70 customers in Fiscal year 2024, 60 customers in Fiscal year 2023, and 50 customers in Fiscal year 2022.
As of 31 March 2024, the company has a total staff strength of 64 employees, including skilled and unskilled labor, administrative staff, and the management team.
Promoters of Boss Packaging – Ketan Suryakantbhai Thakkar, Manishbhai Natvarbhai Brahmbhatt, Kamleshbhai Hasmukhbhai Patel, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketan Thakkar, and Premkumar Manishbhai Brahmbhatt
Table of Contents
Boss Packaging IPO Details
| Boss Packaging Issue Dates | 30 August – 3 September 2024 |
| Boss Packaging Issue Price | INR 66 per share |
| Fresh issue | 12,74,000 shares (INR 8.41 crore) |
| Offer For Sale | NIL |
| Total IPO size | 12,74,000 shares (INR 8.41 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Boss Packaging Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 5.47 | 10.34 | 12.17 |
| Expenses | 4.92 | 9.00 | 10.79 |
| Net income | 0.42 | 1.01 | 1.01 |
Boss Packaging Offer News
- Boss Packaging RHP
- Boss Packaging Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Boss Packaging Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.68 | 6.44 | 3.38 |
| PE ratio | – | – | 19.53 |
| RONW (%) | 41.14 | 49.75 | 22.31 |
| NAV | 6.51 | 12.95 | 14.28 |
| ROCE (%) | 53.26 | 67.35 | 28.99 |
| EBITDA (%) | 12.64 | 13.90 | 12.78 |
| Debt/Equity | 0.19 | 0.02 | 0.14 |
Boss Packaging IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 September 2024 | 10 | – | 16,000 |
| 4 September 2024 | 10 | – | 16,000 |
Boss Packaging IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 6,04,000 | 6,04,000 | 12,08,000 |
| 3 Sep 2024 | 103.75 | 163.02 | 133.38 |
| 2 Sep 2024 | 6.08 | 39.52 | 22.80 |
| 30 Aug 2024 | 1.23 | 3.02 | 2.13 |
The market maker reservation portion of 66,000 shares is not included in the above calculations.
Boss Packaging IPO Allotment Status
Boss Packaging IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Boss Packaging IPO Dates & Listing Performance
| IPO Opening Date | 30 August 2024 |
| IPO Closing Date | 3 September 2024 |
| Finalization of Basis of Allotment | 4 September 2024 |
| Initiation of refunds | 5 September 2024 |
| Transfer of shares to demat accounts | 5 September 2024 |
| IPO Listing Date | 6 September 2024 |
| Opening Price on NSE SME | INR 82.50 per share (up 25%) |
| Closing Price on NSE SME | INR 86.60 per share (up 31.21%) |
Boss Packaging Offer Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email:Â [email protected]
Website:Â www.fedsec.in
Boss Packaging Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â 91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Boss Packaging Issue Contact Details
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, Gujarat 382445, India
Phone: 079-48972009
E-mail: [email protected]
Website: www.bosspackaging.in
IPO FAQs
What is Boss Packaging’s offer size?
Boss Packaging’s offer size is INR 8.41 crores.
What is Boss Packaging’s offer price band?
Boss Packaging’s public offer price is INR 66 per share.
What is the lot size of the Boss Packaging IPO?
Boss Packaging offer a lot size is 2,000 shares.
What is Boss Packaging IPO GMP today?
Boss Packaging IPO GMP today is INR 10 per share.
What is the Boss Packaging kostak rate today?
Boss Packaging kostak rate today is INR NA per application.
What is Boss Packaging Subject to the Sauda rate today?
Boss Packaging is Subject to the Sauda rate today is INR 16,000 per application.
