Boss Packaging Solutions IPO allotment: Steps to check status on NSE, Kfin Technologies

Boss Packaging Solutions IPO allotment: Share allotment status for Boss Packaging Solutions is likely to finalise today. The packaging solutions provider’s IPO was open for subscription from August 30 to September 3.

The investors are waiting for the status of the Boss Packaging Solutions IPO share allotment after the bidding process ends.

The NSE SME issue was booked 134.6 times across categories, with bids for 16.26 crore shares compared to the 12.08 lakh shares on offer. The IPO was booked 100.57 times in the Non-Institutional Investors’ (NIIs) category and 165.3 times in the retail segment.

Subsequent to finalising the share allotment status, the company is likely to initiate refunds for unsuccessful bidders and credit shares to the Demat accounts of successful bidders on September 5.

Boss Packaging Solutions shares are scheduled to be listed on the NSE SME platform Emerge on September 6.

Investors awaiting the finalisation of share allotment can check the status on the official website of IPO registrar and the NSE.

Steps to check Boss Packaging Solutions IPO share allotment status on the Kfin Technologies website

• Visit the Kfin Technologies' website using this link: https://www.kfintech.com/
• Select the 'IPO Allotment Status' option
• Pick any of the five server links shown on the screen
• Go to the 'IPO Allotment Status' section
• Choose 'Boss Packaging Solutions' from the dropdown list
• Fill in the details of any one of the following: Application Number/Demat Account/PAN.
• Enter the captcha and submit.

Steps to check Boss Packaging Solutions IPO share allotment on NSE

• Visit the NSE IPO allotment status page through this link www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Log in to the NSE using your username and password. Registration on the NSE website is mandatory to check the IPO share allotment status.
• Once you have logged in, select Boss Packaging Solutions from the drop down menu from the issue name.
• Verify your PAN.
• Type in your IPO application Number.
• Click on Submit to view the allotment details.

Boss Packaging Solutions IPO objective

Boss Packaging Solutions plans to use the money raised from the public issue to purchase machinery and work capital requirements. The company will also use a portion of the IPO proceeds for general corporate purposes.

Boss Packaging Solutions IPO details

The ₹8.41-crore public offer consisted of a completely fresh issue of 12.74 lakh shares. Boss Packaging Solutions IPO issue price was fixed at ₹66 per share. The minimum lot size for retail investors was fixed at 2,000 shares, amounting to an investment of ₹1,32,000.

About Boss Packaging Solutions

Boss Packaging Solutions Limited, incorporated in 2012, is a manufacturer, supplier, and exporter of packaging, capping, and filling machines. As of March 31, 2024, the company had 64 staff members.