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  • By Goodwill
  • No Comments
  • August 29, 2024

IPO : Boss Packaging Solutions Limited

Boss Packaging Solutions Limited IPO

 

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  1.  SYMBOL BOSS
     ISSUE TYPE Fixed Price Issue IPO
     ISSUE OPENS ON Friday, August 30, 2024
     ISSUE CLOSES ON Tuesday, September 3, 2024
     ISSUE PRICE ₹66 per share
     ISSUE SIZE Up to Rs.8.41 Crores
     FACE VALUE Rs.10 per share
  2. Boss Packaging Solutions IPO is a fixed price issue of Rs 8.41 crores. The issue is entirely a fresh issue of 12.74 lakh shares.Boss Packaging Solutions IPO opens for subscription on August 30, 2024 and closes on September 3, 2024. The allotment for the Boss Packaging Solutions IPO is expected to be finalized on Wednesday, September 4, 2024. Boss Packaging Solutions IPO will list on NSE SME with tentative listing date fixed as Friday, September 6, 2024.
     MINIMUM BID 2000 shares
     MINIMUM AMOUNT  Rs.132,000
     MAXIMUM BID 2000 shares
     MAXIMUM AMOUNT  Rs.132,000
     LISTING DATE Friday, September 6, 2024
     PROMOTER HOLDING POST ISSUE 71.35%
     LISTING AT NSE-SME

    Boss Packaging Solutions IPO price is ₹66 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹264,000.

Objects of the Issue (Boss Packaging Solutions IPO Objectives)

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  • Purchase of machineries;
  • Funding the Working Capital Requirements; and
  • General Corporate Purpose
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