- POSITIVE
Annual Revenue Boss Packaging Solutions Mar-2026 Annual Revenue is Rs 20 Cr which is growth of 31.1% YoY.
- POSITIVE
Annual Net Profit Boss Packaging Solutions Mar-2026 Annual Net Profit is Rs 2 Cr which is growth of 7.4% YoY.

Boss Packaging Solutions Ltd. was incorporated on January 10, 2012. The company is a manufacturer of filling and sticker labeling machines and has expanded its product line to include various packaging machines, capping machines, self-adhesive sticker labeling machines, conveyors, turn tables, web sealers, and sleeve applicators.
| Bidding Dates |
|---|
| 30 Aug 2024 - 03 Sep 2024 |
| Subscription |
|---|
| 127.63x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹132,000 | 1 | 1 | 2000 | 1.3 M | ₹66 | 71.35 % | ₹84.1 M | RHP DOC |
Boss Packaging Solutions Ltd. IPO SUBSCRIPTION STATUS
03 Sep '24Boss Packaging Solutions Ltd. IPO overall subscription rate was 127.63 times the total available shares
Boss Packaging Solutions Ltd. IPO retail subscription rate was 156.74 times in the retail segment
Boss Packaging Solutions Ltd. IPO non-institutional investor subscription rate was 98.52 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
03 Sep 2024 (Day 3) | 156.74x | 98.52x | - |
02 Sep 2024 (Day 2) | 37.48x | 5.77x | - |
30 Aug 2024 (Day 1) | 2.87x | 1.16x | - |
Boss Packaging Solutions Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 10.1 | 121.7 | -21.9 | -21.9 | 12.8% |
| FY23 | 10.1 | 103.4 | 3.8 | 3.8 | 13.9% |
| FY22 | 4.2 | 54.7 | 4.9 | 4.9 | 12.6% |
Boss Packaging Solutions Ltd. IPO SUBSCRIPTION STATUS DETAILS
Boss Packaging Solutions Ltd. had 1.3 M shares on offer
Boss Packaging Solutions Ltd. IPO offer price was ₹66
Boss Packaging Solutions Ltd. IPO minimum Investment was ₹132000
Boss Packaging Solutions Ltd. IPO issue size was ₹ 84.1 M
Boss Packaging Solutions Ltd. had a minimum lot size of 2000 Shares per application
Boss Packaging Solutions Ltd. NUMBER OF SHARES ON OFFER
Boss Packaging Solutions Ltd. IPO IMPORTANT DATES
| Issue Open Date | 30 Aug 2024 |
| Issue close Date | 03 Sep 2024 |
| Allotment Date | 04 Sep 2024 |
| Refund Date | 05 Sep 2024 |
| Demat Account Credit Date | 05 Sep 2024 |
| Listing Date | 06 Sep 2024 |
| Listing on Exchange(s) | NSE |
| Boss Packaging Solutions Ltd. Allotment Status | Exchange |
Boss Packaging Solutions Ltd. IPO subscription opened on 30 Aug 2024, and closed on 03 Sep 2024
IPO allotment for Boss Packaging Solutions Ltd. was finalized on Wednesday, 04 Sep 2024
IPO listing for Boss Packaging Solutions Ltd. was on NSE on Friday, 06 Sep 2024
Boss Packaging Solutions Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 66.0 |
| Listing Open Price | 82.5 |
| Listing Close Price | 86.6 |
| Listing Gain% | 25.0% |
| Current Gain% | -11.2% |
Boss Packaging Solutions Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Boss Packaging Solutions Ltd | 58.6 | 26.1 | 15.7 | 2.1 | 1.3 | 10.7 | 8.5 | 20.2 | 31.1 | 1.7 | 7.4 | 3.7 | 7.4 |
| Cummins India Ltd. | 4800 | 133056 | 56.2 | 5.3 | 10.5 | 27.9 | 20.9 | 12660.5 | 16.8 | 2361.8 | 18.1 | 85.4 | 10.6 |
| GE Vernova T&D India Ltd. | 4130.3 | 105754.9 | 81 | 1.1 | 15.8 | 45.8 | 15.9 | 6297.2 | 44.6 | 1233.2 | 102.7 | 51 | 70.6 |
| 3M India Ltd. | 31890 | 35924.4 | 62.2 | 3.8 | 6.8 | 29.5 | 16.6 | 5138.5 | 13.8 | 522.3 | 9.7 | 512.8 | 16.3 |
| Kirloskar Oil Engines Ltd. | 2402 | 34953.9 | 64 | 4.1 | 4.4 | 15.9 | 5.3 | 7771.2 | 21.5 | 574.3 | 17.4 | 37.5 | 15.8 |
| Jyoti CNC Automation Ltd. | 1059.3 | 24090.9 | 74.9 | -17 | 11 | 16.8 | 9.3 | 2153.6 | 17.5 | 336 | 6.3 | 14.1 | -4.4 |
Boss Packaging Solutions Ltd. annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
24.8% | 30.2% | 20.2 | 15.4 | 12.2 | 10.4 | 5.5 | 5.4 | ||
Operating Exp. Ann. | 24.8% | 27.7% | 17.3 | 13.1 | 10.6 | 8.9 | 4.8 | 5.1 | |
Operating Profit Ann. | 26% | 56.3% | 2.8 | 2.2 | 1.6 | 1.4 | 0.7 | 0.3 | |
OPM Ann. % | -0.4% | 23.4% | 13.64% | 14.47% | 12.77% | 13.81% | 12.47% | 4.76% | |
25.5% | 27.9% | 17.8 | 13.3 | 10.8 | 9 | 4.9 | 5.2 | ||
EBITDA Ann. | 27.5% | 57.4% | 2.9 | 2.3 | 1.6 | 1.4 | 0.7 | 0.3 | |
EBITDA Ann. margin % | 1% | 23.9% | 14.29% | 15.12% | 12.78% | 13.89% | 12.62% | 4.90% | |
Interest Ann. | - | - | 0 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | |
Depr. | 71% | - | 0.5 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | |
PBT Ann. | 18% | 63% | 2.3 | 2.1 | 1.4 | 1.4 | 0.6 | 0.2 | |
Tax Ann. | 32.6% | - | 0.7 | 0.5 | 0.4 | 0.3 | 0.1 | 0 | |
19.3% | 76.2% | 1.7 | 1.5 | 1 | 1 | 0.4 | 0.1 | ||
Net Profit Ann. | 19.3% | 76.2% | 1.7 | 1.5 | 1 | 1 | 0.4 | 0.1 | |
NPM Ann. % | -5.2% | 31.2% | 8.27% | 10.10% | 8.29% | 9.72% | 7.63% | 2.13% | |
EPS Adj. latest Ann. | 17.2% | 65.3% | 3.7 | 3.5 | 2.3 | 2.3 | 0.9 | 0.3 |
Boss Packaging Solutions Ltd. INFORMATION ON IPO ISSUE
About Boss Packaging Solutions Ltd.
Boss Packaging Solutions Ltd. was incorporated on January 10, 2012. The company is a manufacturer of filling and sticker labeling machines and has expanded its product line to include various packaging machines, capping machines, self-adhesive sticker labeling machines, conveyors, turn tables, web sealers, and sleeve applicators.
Object of the Issue
- Purchase of machineries
- Funding the working capital requirements
- General corporate purposes
Boss Packaging Solutions Ltd. - PROMOTERS
| Name |
|---|
| Ketan Suryakant Thakkar |
| Manishbhai Natvarbhai Brahmbhatt |
| Kamleshbhai Hasmukhbhai Patel |
| Jagrutiben Manishbhai Brahmbhatt |
| Bhavikaben Ketankumar Thakkar |
| Premkumar Manishbhai Brahmbhatt |
Boss Packaging Solutions Ltd. Lead Manager of the Issue
Fedex Securities Private Limited
mb@fedsec.in
Boss Packaging Solutions Ltd. Registrar to the issue
KFin Technologies Limited
bpsl.ipo@kfintech.com
Boss Packaging Solutions Ltd. Strengths
Relationship with customers
The company's consistent focus on delivering quality products and services has fostered long-term customer relationships, resulting in high customer retention and a significant portion of revenue from repeat business.
Diversified product portfolio
The company's diverse product range enables existing customers to fulfill most of their packaging machine needs from a single vendor, helping to expand business with current clients while also attracting new customers.
Boss Packaging Solutions Ltd. Risks
Geographically concentrated
The company's manufacturing units are concentrated in Ahmedabad, Gujarat, making it vulnerable to adverse social, economic, or natural disruptions in the region. Any significant changes in government policies or regional disruptions could necessitate major capital expenditures or strategic changes, potentially affecting the company's business, operations, and financial condition.
Dependent on third-party transporters
The company sources raw materials from domestic vendors and relies on third-party logistics for transporting both raw materials and finished products. Any increase in logistics costs could negatively impact the business, results of operations, and financial condition.
IPO FAQs
The promoters of the company are Ketan Suryakant Thakkar, Manishbhai Natvarbhai Brahmbhatt, Kamleshbhai Hasmukhbhai Patel, Jagrutiben Manishbhai Brahmbhatt, Bhavikaben Ketankumar Thakkar and Premkumar Manishbhai Brahmbhatt.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 66.0 - 66.0.
The IPO application opens on Aug 30, 2024 and closes on Sep 03, 2024.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 132,000.0, the maximum value for this IPO is Rs 132,000.0.
This IPO will be allotted on Sep 04, 2024.
The refund will be credited to your account on Sep 05, 2024.
The allotted shares will be credited to your demat on Sep 05, 2024.
Boss Packaging Solutions Ltd.’s shares listed on the stock exchanges on Sep 06, 2024.
