Boss Packaging Solutions IPO Date, Price, GMP

Through the SME IPO, the company hopes to generate about Rs 8.41 crore, and the shares would be listed on the NSE SME platform.

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The business intends to raise Rs 8.41 crore through the IPO, which is solely a new equity issue of 12.74 lakh shares.

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Investors can bid for 2000 shares in a single lot at the company's price of Rs 66 per share.

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The company manufactures, supplies, and exports a variety of packaging equipment, including conveyors, turn tables, web sealers, electric tunnels, and self-adhesive sticker labeling machines.

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Pre-pandemic, the manufacturing sector in India accounted for 16–17% of the country's GDP, and it is expected to grow at one of the quickest rates.

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The company recorded total revenues of Rs 12.17 crore and net profit of Rs 1.01 crore for the year that ended in March 2024.

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