Boss Packaging Solutions Ltd - IPO

Boss Packaging Solutions Ltd IPO Details

Initial public issue* of 12,74,000 equity shares of face value Rs. 10/- each (Equity Shares) of Boss Packaging Solutions Limited (The Company or the Issuer) for cash at a price of Rs. 66 per equity share (including a securities premium of Rs. 56 per equity share) (Issue Price), aggregating up to Rs. 8.41 crores (the Issue). 66,000 equity shares aggregating to Rs. 0.44 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 12,08,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 66 per equity share aggregating to Rs. 7.97 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.65 % and 27.17 % respectively of the post-issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is 6.6 times of the face value.*Subject to finalisation of basis of allotment

Objective of issue

Purchase of machineries (excluding GST). Funding its working capital requirements. General corporate purposes.

Boss Packaging Solutions Ltd Contact Details

Boss Packaging Solutions Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@bosspackaging.in

Website - www.bosspackaging.in