Boss Packaging Solutions Limited IPO GMP

"Boss Packaging Solutions Limited" started business in 2012 as manufacturer of filling and sticker labeling machines, they have come a long way today to become a manufacturer, supplier and exporter of diversified packaging, capping, filling machines, self-adhesive sticker labeling machine, conveyors, turn tables, web sealers, sleeve applicator etc. They have sales and distribution network in Pan India.

Boss Packaging, a Fixed Price Issue amounting to ₹8.40 crores, consisting entirely an Fresh Issue of 12.74 Lakh Shares. The subscription period for the Boss Packaging IPO opens on August 30, 2024, and closes on September 03, 2024. The allotment is expected to be finalized on or about Wednesday, September 4, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, September 6, 2024.

The Share price of Boss Packaging IPO is set at ₹56 equity per share, with a minimum lot size of 2,000 shares. Retail investors are required to invest a minimum of ₹112,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹224,000.

FEDEX SECURITIES PRIVATE LIMITED is the book-running lead manager, KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. B.N. Rathi Securities Limited will act as the Market Maker for the Boss Packaging Solutions IPO.

Boss Packaging Solutions Limited IPO GMP Today
The Grey Market Premium of Boss Packaging Limited IPO is expected in the range of ₹45 to ₹50 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Boss Packaging Solutions Limited IPO Live Subscription Status Today
As of 08:15 PM on 3rd September 2024, the Boss Packaging Solutions Limited IPO live subscription status shows that the IPO subscribed 134.60 times on its Last Day of subscription period. Check the Boss Packaging Solutions Limited IPO Live Subscription Status Today at NSE.

Boss Packaging Solutions Limited IPO Allotment Status
Boss Packaging IPO allotment date is 4th September, 2024, Wednesday. Boss Packaging IPO Allotment will be out on 4th August 2024 and will be live on Registrar Website from the allotment date. Check Boss Packaging Solutions Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Boss Packaging Solutions Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Boss Packaging Solutions Limited IPO
Boss Packaging Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
(i) ₹333.70 Lakhs is required to Purchase of machineries; 
(ii) ₹300.00 Lakhs is required for Funding their Working Capital; and 
(iii) ₹142.14 Lakhs is required for General Corporate Purpose

Refer to Boss Packaging Solutions Limited RHP for more details about the Company.