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Boss Packaging Solutions Limited

SME

Issue Price

₹ 66

per equity share

Issue Size

12.74 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot

2000

equity share

Please note

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Listing at NSE

Boss Packaging Solutions Limited

Important Dates

IPO Open Date

30 Aug 2024

IPO Close Date

03 Sep 2024

Allotment Date

04 Sep 2024

Initiation of Refunds

05 Sep 2024

Credit of Shares to Demat Account

05 Sep 2024

IPO Listing Date

06 Sep 2024

UPI Mandate Expiry Date

03 Sep 2024

IPO Details

Boss Packaging Solutions is open for subscription from Friday, August 30, 2024, and closes on Tuesday, September 3, 2024. This IPO is a Fixed Price Issue type with decided issue price at Rs 66 per share. Boss Packaging Solutions IPO is offering entirely a fresh issue of 12.74 lakh of equity shares worth up to Rs 8.41 crore equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, September 4, 2024. The listing of this IPO will be done on Friday, September 6, 2024, at the NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 2000 shares. For retail investors, the minimum and maximum investment amount required is Rs 132,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 4000 shares amounting to Rs 264,000. The IPO is managed by Fedex Securities Private Limited, which is the book-running lead manager of this public issue. The company has appointed Kfin Technologies Limited as the registrar for the issue.
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About Boss Packaging Solutions Limited

Boss Packaging Solutions Ltd. (BPSL), founded in 2012, has grown from manufacturing filling and sticker labelling machines to becoming a key player in the packaging industry. The company produces a wide range of packaging machinery, including filling machines, capping machines, self-adhesive sticker labelling machines, conveyors, turn tables, and shrink-wrapping machines. Operating from its facility in Ahmedabad, Gujarat, BPSL serves industries like edible oil, pharmaceuticals, cosmetics, and more. The company markets its products under the "Boss" brand and also offers white-label solutions. As of March 31, 2024, BPSL employed 64 people and continues to provide innovative packaging solutions tailored to diverse customer needs.

Parent Organisation

-

Founded

2012

Managing Director

Manishbhai Natvarbhai Brahmbhatt, Kamlesh Hasmukhbhai Patel, Ketan Suryakant Thakkar, Jagrutiben Man

IPO Objectives

The company intends to utilise the funding raised by the public issue for various purposes including purchases of machineries, funding the working capital requirements and for general corporate purposes.
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How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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