"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.

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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.