Boss Packaging Solutions SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Boss Packaging Solutions IPO. Explore Boss Packaging Solutions IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Incorporated in 2012, Boss Packaging Solutions Limited is a manufacturer, supplier, and exporter of diversified packaging machinery. The company specializes in producing a wide range of packaging equipment, including filling machines, capping machines, sticker labeling machines, conveyors, and more. With a robust sales and distribution network across India, Boss Packaging Solutions caters to multiple industries, including pharmaceuticals, cosmetics, food, and beverages. Boss Packaging Solutions serves clients under its Boss brand as well as through white-label agreements. The company has a strong in-house team for sales, after-sales service, and continuous innovation to meet evolving customer needs.
Key Points:
- Product Portfolio: Boss Packaging Solutions provides semi-automatic and automatic machines like liquid filling, capping, shrink-wrapping, and labeling machines under its own brand as well as white-label products.
- Industry Applications: The machines serve industries such as edible oils, pharmaceuticals, chemicals, cosmetics, food processing, and beverages.
- Customer Base: The company has consistently expanded its customer base, catering to over 70 clients in FY 2024, 60 clients in FY 2023, and 50 clients in FY 2022.
- In-House Capabilities: The company boasts in-house R&D for designing and customizing machinery to meet specific customer requirements, ensuring high-quality products.
Objects of the Issue
- Purchase of machineries
- Funding the Working Capital Requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Aug - 03 Sep 2024 |
| IPO Price Band | ₹66 per share |
| Fresh Issue | 12,74,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹8.41 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Aug 2024 |
| IPO Closing Date | 03 Sep 2024 |
| Basis Of Allotment | 04 Sep 2024 |
| Refunds | 05 Sep 2024 |
| Demat Transfer | 05 Sep 2024 |
| IPO Listing Date | 06 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 5.35 | 5.48 | 10.35 | 12.18 |
| Total Expenses | 5.19 | 4.92 | 9.00 | 10.79 |
| Net Profit/Loss | 0.11 | 0.42 | 1.01 | 1.01 |
| NPM (*) | 2.13 | 7.63 | 9.72 | 8.30 |
| Total Assets | 2.65 | 2.79 | 5.36 | 7.66 |
| Total Liabilities | 2.06 | 1.78 | 3.34 | 3.13 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 113.75 | 2.68 | 6.44 | 3.38 |
| ROE (%) | 19.03 | 41.14 | 49.75 | 22.31 |
| ROCE (%) | 20.13 | 53.26 | 67.35 | 28.99 |
| D/E Ratio | 0.87 | 0.19 | 0.02 | 0.14 |
| Current Ratio | 1.39 | 1.52 | 1.57 | 2.66 |
| EBITDA MARGIN (%) | 4.84 | 12.64 | 13.90 | 12.78 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Boss Packaging Solutions Limited | 12.17 | 19.53 | 3.38 | 22.31 | 14.28 |
| Windsor Machines Limited | 353.97 | -166.39 | -1.19 | -2.89 | 41.07 |
| Manugraph India Limited | 65.76 | -4.18 | -6.53 | -24.92 | 26.21 |
| Macpower CNC Machines Limited | 241.04 | 57.71 | 24.24 | 20.36 | 119.11 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 103.8 |
| Retail Individual Investor (RII) | 165.29 |
| Total | 136.21 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- KETAN SURYAKANTBHAI THAKKAR
- MANISHBHAI NATVARBHAI BRAHMBHATT
- KAMLESHBHAI HASMUKHBHAI PATEL
- JAGRUTIBEN MANISHBHAI BRAHMBHATT
- BHAVIKABEN KETAN THAKKAR
- PREMKUMAR MANISHBHAI BRAHMBHATT
Lead Managers
- FEDEX SECURITIES PRIVATE LIMITED
Company Address
Boss Packaging Solutions Limited
11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Opposite Ramol Mehmdabad Highway, Vin Zol Road, Ahmedabad, Gujarat 382445 India.
Phone: 079-48972009
Email: cs@bosspackaging.in
Website: www.bosspackaging.in
FAQs
- What is the issue size of the Boss Packaging Solutions SME IPO?The Boss Packaging Solutions SME IPO has an issue size of ₹8.41 crore. This includes a fresh issue of 12,74,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Boss Packaging Solutions IPO?The price band for the Boss Packaging Solutions IPO is ₹66 per share.
- What are the bidding dates for the Boss Packaging Solutions IPO?The Boss Packaging Solutions IPO will open for bidding on 30 Aug 2024 and close on 03 Sep 2024.
- What is the allotment date for the Boss Packaging Solutions IPO?The allotment date for the Boss Packaging Solutions IPO is 04 Sep 2024.
- What is the listing date for the Boss Packaging Solutions IPO?The listing date for the Boss Packaging Solutions IPO is 06 Sep 2024.
- What is the Boss Packaging Solutions IPO grey market premium?The grey market premium (GMP) for the Boss Packaging Solutions IPO is currently at ₹5, with an expected listing gain of approximately 7.58%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.