Boss Packaging Solutions Ltd.

BOSS

Equity

NSE

Min. Investment

66,000.00

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IPO Details

Bidding Dates

30 Aug 24 - 03 Sept 24

Price Range ₹

66 - 0

Total Equity

8.41Cr

Lot Size

2000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

30 Aug 2024

Offer end

03 Sept 2024

Allotment

04 Sept 2024

Refund initiation

05 Sept 2024

Demat transfer

05 Sept 2024

Listing

06 Sept 2024

About Company

Incorporated in January 2012, Boss Packaging Solutions Limited specializes in the manufacturing, supply, and export of a wide range of packaging, capping, and filling machines. Their offerings also include self-adhesive sticker labeling machines, conveyors, turntables, web sealers, and sleeve applicators. The company's product portfolio features an extensive selection of labeling, packing, filling, and sealing machines, along with accessories and complete packaging lines, catering to various industries. Boss Packaging Solutions serves diverse sectors, including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquids, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetics and toiletries, as well as distilleries and breweries. The company has supported 70 customers in Fiscal 2024, 60 customers in Fiscal 2023, and 50 customers in Fiscal 2022. As of August 2024, Boss Packaging Solutions has sold its machines across 18 Indian states, 3 Union territories, and 4 countries. As of March 31, 2024, the company employs a total of 64 staff members, including skilled and unskilled labor, administrative personnel, and management.

Year Founded

10-01-2012

Promotor Details

Manishbhai Natvarbhai Brahmbhatt

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage10071.35
Share Capital31722603172260

Offer to Public

12,74,000.00 Cr

Project Details

  • Purchase of machineries (excluding GST) - 33.07cr
  • Funding our Working Capital Requirements - 30cr
  • General corporate purposes - 14.214cr

Objectives

  • (i) Purchase of machineries
  • (ii) Funding our Working Capital Requirements
  • and(iii) General Corporate Purpose

Highlights

  • Strong market demand for sustainable packaging solutions.
  • Established customer base with long-term contracts.
  • Innovative product offerings that reduce environmental impact.
  • Experienced management team with industry expertise.
  • Potential for expansion into emerging markets.

Challenges

  • Intense competition from established packaging companies.
  • Regulatory risks associated with environmental compliance.
  • Supply chain vulnerabilities affecting production costs.
  • Dependence on key customers for revenue stability.
  • Market volatility impacting investor sentiment.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
2021264.521.00100.51100.516.4429
20251,638.99444.63154.36154.363.4717
2022278.141.00100.51100.516.4429
2024764.63317.2311.3811.380.7295
2023534.751.0041.7741.772.6776
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