Bulkcorp International Limited produces and distributes Food-Grade Flexible Intermediate Bulk Container (FIBC) bags.
The company provides a variety of customizable packaging solutions, such as eight variations of FIBC bags (Jumbo Bags) and container liners. Bulkcorp International manufacturing unit in Changodar, Ahmedabad meets the BRC Global Standard for Packing and Packaging Materials and has achieved Grade A certification.
The company is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, as well as BRC certification.
The company’s products are supplied to industries such as agriculture, chemicals, construction, food, pharmaceuticals, and mining.
The company has exported its product to the countries such as United States of America, Canada, United Kingdom, South Africa, Ivory Coast, South Korea, Spain, Europe, Egypt etc.
As of May 31, 2024, the company employs 195 people including workers.
Bulkcorp International IPO – Details
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 01 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 19,78,800 Shares Worth ₹20.78 Crore Fresh Issue: 19,78,800 Shares Worth ₹20.78 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 – ₹105 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Bulkcorp International IPO – Date Schedule
| IPO Open Date | 30 July 2024 |
| IPO Close Date | 01 August 2024 |
| Basis of Allotment | 02 August 2024 |
| Initiation of Refund | 05 August 2024 |
| Credit of Shares to Demat Account | 05 August 2024 |
| IPO Listing Date | 06 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 01, 2024 |
Bulkcorp International IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,26,000 |
| Retail (Max) | 1 | 1200 | ₹1,26,000 |
| HNI (Min) | 2 | 2400 | ₹2,52,000 |
Competitive Strengths
- Wide Range of Products.
- In-house Manufacturing capabilities.
- Strong relationship with customers and suppliers.
- Experienced management team with industry expertise and successful track record.
Company Promoters
- Mr. Punit Mahendra Gopalka
- Mr. Anup Mahendra Gopalka
- Mr. Sanjay Pandurang Sadavarte
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 31.76 | 30.42 | 0.63 | 6.48 |
| 31 March 2022 | 49.19 | 46.94 | 1.72 | 8.89 |
| 31 March 2023 | 38.95 | 37.24 | 1.21 | 5.42 |
| 31 March 2024 | 46.50 | 41.70 | 3.55 | 6.34 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 50.40% |
| ROCE | 40.25% |
| Debt/Equity | 0.68 |
| RoNW | 38.10% |
| P/BV | 6.22 |
| PAT Margin (%) | 7.88 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.43 | 4.74 |
| P/E (x) | 16.33 | 22.17 |
Object Of The Issue
- Capital Expenditure.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Bulkcorp International IPO Promoter Holding
| Pre Issue Share Holding | 98.10% |
| Post Issue Share Holding | 72.26% |
Bulkcorp International IPO Prospectus
Company Contact Information
| Bulkcorp International Limited 309, Safal Prelude, Corporate Road Off Prahalad Nagar Audagarden, Ahmedabad– 380 015 Phone: +91-79-4899 6823 Email: compliance@bulkcorp-int.com Website: https://www.bulkcorp-int.com/ |
Bulkcorp International IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: bil.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Bulkcorp International IPO Lead Manager(s)
| 1. Swastika Investmart Ltd |
Bulkcorp International IPO FAQs
| What is Bulkcorp International IPO? Bulkcorp International IPO is a SME IPO. The issue is priced at ₹100 and ₹105 per equity share. The IPO is to be listed on NSE SME. |
| When Bulkcorp International IPO will open? The IPO is to open on 30 July 2024 for QIB, NII, and Retail Investors. |
| What is Bulkcorp International IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Bulkcorp International IPO? You can apply Bulkcorp International IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Bulkcorp International IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Bulkcorp International IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Bulkcorp International IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Bulkcorp International IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Bulkcorp International IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bulkcorp International IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Bulkcorp International IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Bulkcorp International IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Bulkcorp International IPO Size? Bulkcorp International IPO size is ₹20.78 Crore. |
| What is Bulkcorp International IPO Price Band? Bulkcorp International IPO Price Band is ₹100 – ₹105. |
| What is Bulkcorp International IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,26,000 amount while the maximum bid is 1200 Shares with ₹1,26,000. |
| What is the Bulkcorp International IPO Allotment Date? Bulkcorp International IPO allotment date is 02 August 2024. |
| What is the Bulkcorp International IPO Listing Date? Bulkcorp International IPO listing date is 06 August 2024. The IPO is to be listed on NSE SME. |
