Boss Packaging Solutions IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

About Boss Packaging Solutions Limited

"Boss Packaging Solutions Limited" stands as a prominent name in the manufacturing and supplying of a wide array of packaging machinery. Their comprehensive range includes Sticker Labelling Machine, BOPP Labelling, Single Head Shrink Sleeve Applicator, Double Head Shrink Sleeve Applicator, Screw Capping, ROPP Capping, Crown Capping, Lug Capping, Liquid Filling Machine, Powder Filling Machine, Piston Filling, Automatic Shrink Wrapping Machine, Semi Automatic Shrink Wrapping Machine, Mono Block Machine, Automatic Liquid Packaging Line, Cream/Lotion Packaging Line, Honey Packaging Line, Paint Packaging Line, Flavored Milk Packaging Line, Syrup Packaging Line, Pesticides and Chemical Packaging Line, Sanitizer Packaging Line, Lubricant Oil Packaging Line, Edible Oil Packaging Line, Ghee Packaging Line, Sauce Packaging Line, Turn Table, Packing Belt, Inspection Conveyor, Washing, Air Jet Cleaning, Conveyor, Elevator and Shrink Tunnel.

Tgeir products are meticulously designed and manufactured under the expert guidance of 20+ skilled team using premium quality raw materials and advanced technology, adhering to international quality standards. The offered range is highly valued by their clients for its superior quality, cutting-edge technology, prompt delivery, competitive pricing, dependable post-sales service, and reliability. With a strong global presence, they export their Filling Machine, Capping Machine, Labeling Machine, Sleeving Machine products to over 3 countries across the globe.

Their state-of-the-art infrastructure spans across various units such as manufacturing, quality control, research and development, and warehousing and packaging. Equipped with modern machinery and cutting-edge technology, till date they have installed 1000+ units which enable them to fulfil even the largest and urgent orders within the committed timelines. Their dedicated team of skilled professionals works cohesively to meet clients' specific requirements efficiently. Continual improvement and innovation are inherent to their operational philosophy. Their professionals are highly committed to the organization's growth and success.

INDIAN MANUFACTURING SECTOR
Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India’s GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India. Today, technology has stimulated innovation with digital transformation a key aspect in gaining an edge in this highly competitive market. 

Technology has today encouraged creativity, with digital transformation being a critical element in gaining an advantage in this increasingly competitive industry. The Indian manufacturing sector is steadily moving toward more automated and process-driven manufacturing, which is projected to improve efficiency and enhance productivity. 

India has the capacity to export goods worth US$ 1 trillion by 2030 and is on the road to becoming a major global manufacturing hub. With 17% of the nation’s GDP and over 27.3 million workers, the manufacturing sector plays a significant role in the Indian economy. Through the implementation of different programmes and policies, the Indian government hopes to have 25% of the economy’s output come from manufacturing by 2025.

Manufacturing sector in India is gradually shifting to a more automated and process driven manufacturing which is expected to increase the efficiency and boost production of the manufacturing industry. 

The FMCG sector in India expanded due to consumer-driven growth and higher product prices, especially for essential goods. FMCG sector provides employment to around 3 million people accounting for approximately 5% of the total factory employment in India. FMCG sales in the country grew 7-9% by revenues in 2022-23. The key growth drivers for the sector include favourable Government initiatives & policies, a growing rural market and youth population, new branded products, and growth of e-commerce platforms. Resilience needs to be the key factor in the manufacturing process, daily operations, retail and logistic channels, consumer insights and communication that will help FMCG companies to withstand the test of time and create more value for consumers in the long run. India’s fast-moving consumer goods (FMCG) sector grew 7.5% by volumes in the April-June 2023 quarter, the highest in the last eight quarters, led by a revival in rural India and higher growth in modern trade. 

Fast-moving consumer goods (FMCG) sector is India’s fourth-largest sector and has been expanding at a healthy rate over the years because of rising disposable income, a rising youth population, and rising brand awareness among consumers.

BOSS PACKAGING SOLUTIONS LIMITED COMPETITIVE STRENGTHS
1. Strong Marketing and Distribution network
2. Diversified customer base and long-standing relationship with their customers
3. Diversified Product Portfolio
4. Experienced Promoter Directors with extensive domain knowledge

BOSS PACKAGING SOLUTIONS LIMITED STRATEGIES
1. Increasing Geographical Presences
2. Focus on quality
3. Widening their product basket
4. Augmenting manufacturing capabilities
5. Improve and increase operational efficiencies

BOSS PACKAGING SOLUTIONS LIMITED RISK FACTORS & CONCERNS
1. Their Manufacturing Units is located at Ahmedabad in Gujarat and any adverse developments affecting this region could have an adverse effect on their business.
2. The Company operates in the capital goods industry which is sensitive to general economic downturn.
3. They are exposed to foreign exchange related risks as a portion of their revenue from operations are in foreign currency.
4. They depend on outside parties for adequate and timely supply of raw materials at commercially acceptable prices.
5. The Company may not be successful in penetrating new export markets.

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