What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Boss Packaging Solutions Limited IPO allotment date?

The basis of allotment for Boss Packaging Solutions Limited IPO is scheduled to be finalized on 4 Sep 2024.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Sep 2024.

Boss Packaging Solutions Limited

ListedSME

Manufacturing / Industrial Goods · NSE

Incorporated in January 2012, Boss Packaging Solutions Limited is a leading manufacturer, supplier, and exporter of a wide range of packaging machinery, including capping and filling machines, self-adhesive labeling machines, conveyors, turntables, web sealers, and sleeve applicators. Serving industries such as edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, juices and dairy, agriculture, food, and distilleries, the company has delivered equipment across 18 Indian states, 3 Union Territories, and 4 countries. Its product portfolio includes labeling, packing, filling, and sealing machines, along with accessories and complete packaging lines tailored to industry needs. Boss Packaging Solutions served 70 customers in FY 2024 and employs a dedicated workforce of 64 personnel as of August 2024.

Price Band

₹66

Issue Size

₹8.41 Cr

Lot Size

2000 shares

GMP

₹5

+7.6%

Est. Listing

₹71

at current GMP

Subscribed

134.61x

overall

Open

30 Aug 2024

3 Sep 2024

Allotment

4 Sep 2024

Refund

5 Sep 2024

Demat Credit

6 Sep 2024

Listing

6 Sep 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Boss Packaging Solutions Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Sep 2024

Basis finalization

Refunds Initiate

5 Sep 2024

Mandate release

Demat Credit

6 Sep 2024

Shares in demat

Listing Debut

6 Sep 2024

Trading begins

How to Check Boss Packaging Solutions Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Boss Packaging Solutions Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Boss Packaging Solutions Limited Public Issue & Market Profile

Boss Packaging Solutions Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹8.41 Crores. The shares are offered at a price band of ₹66 to ₹66 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-09-03, the basis of allotment is scheduled to be finalized on 2024-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.