Boss Packaging Solutions IPO Date, Price, GMP – The August 30 IPO for Boss Packaging Solutions is scheduled to launch. A SME IPO, Boss Packaging Solutions hopes to raise ₹8.41 crores through its IPO. The IPO price band for Boss Packaging Solutions is set at ₹66, with a market lot of 2000 shares. Incorporated in 2012 is Boss Packaging Solutions Private Limited. The company produces, distributes, and exports a range of packaging equipment, including turn tables, web sealers, capping, filling, and self-adhesive sticker labeling machines. Over sixty clients have been handled by the business in the fiscal year 2024.
Boss Packaging Solutions IPO Details
| IPO Open Date | August 30, 2024 |
| IPO Close Date | September 3, 2024 |
| Listing Date | Friday, September 6, 2024 |
| Face Value | ₹10 per share |
| Price | ₹66 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,274,000 shares
(aggregating up to ₹8.41 Cr) |
| Fresh Issue | 1,274,000 shares
(aggregating up to ₹8.41 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Boss Packaging Solutions Financials
Boss Packaging Solutions Limited’s revenue climbed by 17.67%, while profit after tax (PAT) increased by 0.53% between the fiscal years ended March 31, 2024 and March 31, 2023.
| FY 2024 | |
| Assets | 766.10 |
| Revenue | 1,217.54 |
| Profit After Tax | 101.04 |
| Net Worth | 452.93 |
| ROE | 22.31% |
| ROCE | 28.99% |
| Debt/Equity | 0.14 |
| RoNW | 22.31% |
| P/BV | 4.62 |
| PAT Margin (%) | 8.3 |
Boss Packaging Solution IPO Objective
The following goals are how the Company plans to apply the Net Proceeds from the Issue:
- Purchasing equipment,
- meeting working capital needs, and
- other corporate purposes
About the Company – Boss Packaging Solutions
Boss packing Solutions Limited was founded in January 2012 and is a producer, supplier, and exporter of a variety of packing, filling, and sealing machines as well as conveyors, turntables, web sealers, banding machines, and self-adhesive labeling machines.
Boss Packaging Solutions Limited is a manufacturer, supplier, and exporter of various filling, capping, and packaging machinery. Along with this, they provide sleeve applicators, conveyors, turntables, web sealers, and self-adhesive sticker labelling equipment. Product offerings from the company include complete packaging lines, accessories, and a range of labeling, packing, filling, and sealing machines that are utilized in different industries.
