Boss Packaging Solutions IPO

Boss Packaging Solutions Ltd

₹1,32,000 /2000 sharesMinimum Investment

Boss Packaging Solutions IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Aug ‘24 - 3 Sep ‘24₹1,32,0002,000₹66 - ₹66
Issue SizeIPO Doc
8.41Cr
RHP PDF

About Boss Packaging Solutions

Boss Packaging Solutions is a manufacturer, supplier, and exporter of packaging-related machines like capping and filling machines. Their product line consists of liquid filling machines, screw or ROPP capping machines, and pick-and-place screw capping machines. The company's other products include self-adhesive sticker labelling machines, hologram applicators, shrink sleeve applicators, air jet cleaning machines, and shrink-wrapping machines. The company’s products cater to industrial segments. These include edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquids, juices and dairy, agriculture and pesticides, food, toiletries, and distilleries and breweries.;
Founded in
2012
Managing director
Mr. Manishbhai Natvarbhai Bhrambhatt
Parent organisation
Boss Packaging Solutions Ltd

Strengths & Financials of Boss Packaging Solutions

Strengths
Risks
The company has seen a consistent increase in revenue from operations. It increased from Rs 5.47 crore in FY22 to Rs 10.34 crore in FY23 to Rs 12.17 crore in FY24.
The company has developed in-house capabilities to deliver new technologies. It focuses on understanding customer requirements, technical specifications, and production and packaging processes, allowing Boss Packaging to refine its designs and drawings continuously.
Boss Packaging Solutions has a pan-India presence. The company sells its products across 18 states in India, three Union Territories, and four other countries.
The company’s manufacturing units are located in Ahmedabad, Gujarat. Any adverse developments or changes in the state's environment could harm the business’s operations and finances.
A major portion of their revenue is generated from a few customers. Key customers contributed 60.00% in FY24, 53.59% in FY23, and 56.27% in FY22. Any loss of or decline in business from a major customer can negatively impact the company’s revenue.
The company operates in the capital goods industry, which is sensitive to general economic downturns.
The company has unsecured loans of Rs 0.66 crore. Any inability to repay or service these loans on time could negatively impact the business’s standing.
The continuous functioning of the company’s manufacturing unit is crucial to its business. Any disruption at this location could adversely impact the company’s operations.
The company is dependent on external suppliers for the timely supply of raw materials. Any disruptions, delays, or price increases in these materials could adversely affect its business operations.

Boss Packaging Solutions Financials

*All values are in Rs. Cr
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Application Details of Boss Packaging Solutions IPO

Apply asPrice bandApply Range
Regular66 - 66₹2 - 5 Lakh
High Networth Individual66 - 66₹2 - 5 Lakh
For Boss Packaging Solutions IPO, eligible investors can apply as Regular.