Boss Packaging Solutions Ltd

Boss Packaging Solutions Ltd IPO

IPO Price Range: ₹66 - 66

The Company is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machine, conveyors, turn tables, web sealers, electric tunnels, etc. Its products find application invarious end-use industries including 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.

Min Investment

₹1,32,000

IPO Size

₹8 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Boss Packaging Solutions Ltd

Open Date30 Aug 2024
Close Date3 Sep 2024
Allotment Date4 Sep 2024
Listing Date6 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date30 Aug 2024
Bid Closing DateBid Closing Date3 Sep 2024
Allotment DateAllotment Date4 Sep 2024
Issue SizeIssue Size₹8.41Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Strong Marketing and Distribution network.

  • Diversified customer base and long-standing relationship with its customers.

  • Diversified Product Portfolio.

  • Experienced Promoter Directors with extensive domain knowledge.


Risk

Risk

  • The companys Manufacturing Units is located at Ahmedabad in Gujarat and any adverse developments affecting this region could have an adverse effect on its business, results of operations and financial condition.

  • Continued operations at its Manufacturing Unit is critical to the companys business and any disruption in its Manufacturing Unit would have a material adverse effect on its business, results of operations and financial condition. Further, its Manufacturing Unit are not operating at optimum capacity utilization and there can be no assurance that the company will be successful in achieving such utilization levels.

  • The company is heavily reliant on a few customers and its derives a significant part of the company revenue from select customers. The loss of any significant customer may have a material adverse effect on its business and results of operations.

  • The Company operates in the capital goods industry which is sensitive to general economic downturn. The Company operates in the capital goods industry which is sensitive to general economic downturn.

  • The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment/machineries in a timely manner, or at all, the same may result in time and cost over-runs.

  • Its business is working capital intensive. If the company experience insufficient cash flows to meet required payments on its working capital requirements, there may be an adverse effect on the results of its operations.

  • The company is required to obtain, renew or maintain certain material statutory and regulatory permits and approvals required to operate its business, and if the company fails to do so in a timely manner or at all, its may be unable to operate the companys business and its results of operations may be adversely affected.

  • Any defect in its products may result in the companys orders being cancelled and the company could become liable to customers, suffer adverse publicity and incur substantial costs which in turn could affect it adversely.

  • The success of its business depends substantially on a number of key management personnel,management team, and on its operational workforce. The companys inability to retain them or to recruit highly skilled technical personnel that are necessary for its business could adversely affect the companys businesses.

  • Activities involving its manufacturing process can be dangerous and can cause injury to people orproperty in certain circumstances. A significant disruption at any of the companys Manufacturing Unit may adversely affect its production schedules, costs, sales and ability to meet customer demand.

Promoters Holding

Investors Holdings %
Ketan Suryakantbhai Thakkar29.99%
Manishbhai Natvarbhai Brahmbha29.99%
Kamileshbhai Hasmukhbhai Patel29.99%
Jagrutiben Manishbhai Brahmbha10.01%
Premkumar Manishbhai0%

About Boss Packaging Solutions Ltd

OrganisationBoss Packaging Solutions Ltd
HeadquartersAhmedabad
IndustryEngineering

Frequently Asked Questions

  • What is the size of the Boss Packaging Solutions Ltd IPO?

    The size of the Boss Packaging Solutions Ltd IPO is ₹8.41Cr .

  • What is 'pre-apply' for Boss Packaging Solutions Ltd IPO?

    'Pre-apply' for Boss Packaging Solutions Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Boss Packaging Solutions Ltd IPO order be placed?

    Your Boss Packaging Solutions Ltd IPO order will be placed on 30 Aug 2024.

  • What are the open and close dates of the Boss Packaging Solutions Ltd IPO?

    The open and close dates of the Boss Packaging Solutions Ltd IPO are 30 Aug 2024 to 3 Sep 2024.

  • What is the lot size and minimum order quantity of the Boss Packaging Solutions Ltd IPO?

    The lot size and minimum order quantity of the Boss Packaging Solutions Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Boss Packaging Solutions Ltd IPO?

    The potential listing gains on the Boss Packaging Solutions Ltd IPO will depend on various market factors and cannot be predicted with certainty.