Ahmedabad: The IPO of SME company Boss Packaging has garnered 135X subscriptions across categories. This brings back to mind the controversy that erupted around the 400X subscription received for the Rs 12 crore IPO of Delhi-based two-wheeler showroom operator Resourceful Automobile.
Boss Packaging Solutions IPO worth Rs 8 crore opened on August 30, 2024, and closed on September 3, 2024. Priced at Rs 66 per share, the company’s IPO allotment will be finalised on September 4, 2024, while the shares will be credited on September 5, 2024. The listing will take place on the NSE SME index on September 6, 2024. With over 12.74 lakh shares on offer, Boss Packaging Solutions’ minimum lot size was 2,000 shares worth Rs 1.32 lakh.
All about Boss Packaging IPO
Boss Packaging Solutions is an Ahmedabad-based company with just 64 staffers and a seemingly dilapidated office house in a 500 square yard facility, Moneycontrol reported. Boss Packaging is a maker of packaging goods including labelling machines for self-adhesive stickers, among other offerings. Till date, the company has served 70 customers in FY24, according to data shared on Chittorgarh.com.
Boss Pakacging Solutions IPO GMP
The GMP of Boss Packaging Solutions IPO stood at RS 12 apiece, indicating a listing price of RS 78 apiece, an 18.18 per cent premium over the IPO price of RS 66 apiece, according to Investorgain. GMP or grey market premium is the extra money an individual is willing to pay in order to acquire a share of a company.
How to check Boss Packaging IPO allotment status
Following these steps to check your IPO allotment status:
Visit the registrar’s website at https://ris.kfintech.com/ipostatus/
Select the IPO name
Choose between PAN option, demat account and application number
Enter the detail chosen
Enter the captcha code and clear the verification
Now click on submit to see the allotment status
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Boss Packaging IPO: The public issue of the SME company which has just 64 employees and a 500 square yard office received 135X subscriptions from members of the public. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
