IPO Issue Details
Issue Price / Price Band₹66 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size12,74,000 shares (aggregating up to ₹8.41 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 30 Aug 2024
Subscription CloseTue, 03 Sep 2024
Anchor AllotmentThu, 29 Aug 2024
Basis of AllotmentWed, 04 Sep 2024
Initiation of RefundsThu, 05 Sep 2024
Credit of Shares to DematThu, 05 Sep 2024
Listing DateFri, 06 Sep 2024
UPI Mandate Deadline2024-09-03
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 2,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 4,000 shares
EPS (Pre-IPO)₹3.19
EPS (Post-IPO)₹2.27
P/E Ratio (Pre-IPO)20.72x
P/E Ratio (Post-IPO)29.04x
Net Offer to Public12,08,000 shares (aggregating up to ₹7.97 Cr)
Reserved for Market Maker66,000 shares (aggregating up to ₹0.4356 Cr)
Pre-IPO Promoter Holding31,72,260 shares
Post-IPO Promoter Holding44,46,260 shares
About Boss Packaging Solutions Ltd
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.
Objects of the Issue
Boss Packaging Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
Funding the Working Capital Requirements; and
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
31,72,260 shares
Post-IPO Promoter Holding
44,46,260 shares