Bulkcorp International Limited IPO
Bulkcorp International Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹100–₹105 per share. The stock debuted at ₹130, delivering a listing gain of 23.8%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,26,000.
Bulkcorp International Limited IPO
- IPO Dates
- Jul 30, 2024 – Aug 1, 2024
- Price band
- ₹100-105 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- ₹20.78 Cr
- Lot size
- 1200
- Allotment Date
- Aug 2, 2024
- Listing
- Aug 6, 2024
- Listing At
- NSE SME
IPO timeline
-
Jul 30, 2024
Open Date
Completed
-
Aug 1, 2024
Close Date
Completed
-
Aug 2, 2024
Allotment Date
Completed
-
Aug 6, 2024
Listing Date
Completed
Bulkcorp International Limited IPO Essentials
Bulkcorp International Limited IPO Details
Bulkcorp International Limited IPO is priced at ₹100-105 per share with a total issue size of 20.78 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹100-105 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,978,800 shares(aggregating up to ₹20.78 Cr)
- Total issue size
- 19,78,800 shares
(aggregating up to ₹20.78 crore) - Fresh issue
- 19,78,800 shares
(aggregating up to ₹20.78 crore) - Listing at
- NSE SME
- List price
- 130.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Swastika Investmart Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,26,000 |
| Retail(max) | 1 | 1200 | ₹1,26,000 |
| NII (min) | 2 | 2,400 | ₹2,52,000 |
Bulkcorp International Limited IPO Reservation
Bulkcorp International Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,354,400 shares, approximately 15.95% are reserved for QIB, 11.98% for NII, 27.98% for retail investors, 4.23% for market maker, and 39.86% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 938,400 (39.86%) | |
| Market Maker Shares Offered | 99,600 (4.23%) | |
| QIB Shares Offered | 375,600 (15.95%) | |
| NII (HNI) Shares Offered | 282,000 (11.98%) | |
| Retail Shares Offered | 658,800 (27.98%) | |
| Total Shares Offered | 2,354,400 (100%) |
Bulkcorp International Limited IPO Analytics
Bulkcorp International Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Bulkcorp International Limited IPO Subscription Status
Bulkcorp International Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 375,600 / 282,000 | 658,800 | 1,316,400 |
|
Day 1
30-07-24 06:00 PM
|
(4.77 / 6.89) x | 22.71 x | 14.20 x |
|
Day 2
31-07-24 06:00 PM
|
(5.28 / 31.06) x | 93.31 x | 54.86 x |
|
Day 3
01-08-24 06:00 PM
|
(104.42 / 251.80) x | 362.40 x | 265.10 x |
Bulkcorp International Limited Valuations
Earnings
- EPS Pre IPO
- ₹6.43/-
- EPS Post IPO
- ₹4.74/-
- P/E Pre IPO
- 16.33
- P/E Post IPO
- 22.17
Returns
- ROE
- 50.40%
- ROCE
- 40.25%
- RoNW
- 38.10%
- PAT Margin
- 7.88
Fundamentals
- Debt / Equity
- 0.68
- Price / Book
- 6.22
Bulkcorp International Limited Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,236.39 | 1,765.18 | 2,177.10 |
| Revenue | 4,650.45 | 3,895.71 | 4,919.90 |
| Profit After Tax | 355.90 | 121.22 | 172.56 |
| Net Worth | 934.06 | 478.16 | 356.95 |
| Reserves & Surplus | 380.54 | 297.16 | 175.95 |
| Total Borrowing | 634.23 | 542.28 | 889.24 |
Bulkcorp International Limited Company & Offer Insights
About Bulkcorp International Limited
Established in 2009, Bulkcorp International Limited manufacturers and distributes Food-Grade Flexible Intermediate Bulk Container (FIBC) bags.
The company offers a wide range of flexible packaging options, including eight different forms of FIBC bags (Jumbo Bags) and container liners.Manufacturing Unit: BRC Global Standard for Packing and Packaging Materials. Certified Grade A at this manufacturing unit located at Changodar, Ahmedabad.
The company is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified as well as BRC certified.
The company supplies products to agriculture, chemicals, construction, food, pharmaceuticals, and mining industries.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 Limited Promoter(s)
Mr. Punit Mahendra Gopalka, Mr. Anup Mahendra Gopalka, Mr. Sanjay Pandurang Sadavarte are the company's promoters of Bulkcorp International Limited.
Bulkcorp International Limited IPO Issue Objectives
- •
- Capital Expenditure
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purpose
Bulkcorp International Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Bulk Corp International Limited | 6.47 | N/A | 16.87 | N/A | 38.1 | N/A | Standalone |
| Rishi Techtex Ltd. | 1.82 | N/A | 43.09 | 25.75 | 4.23 | 1.09 | Standalone |
| Jumbo Bag Ltd. | 1.42 | N/A | 24.05 | 26.92 | 5.63 | 1.59 | Standalone |
Notes:
- The EPS, P/E Ratio, NAV, RoNW, and revenue from operations of Bulk Corp International Limited are taken as per the Restated Financial Statement for the Financial Year 2023-24.
- Current Market Price (CMP) is taken as the closing price of respective scripts on March 31, 2024, at NSE / BSE.
Contact Information
Contact Details
Bulkcorp International Limited
+91-79-4899 6823
309, Safal Prelude, Corporate Road, Off Prahalad Nagar, Audagarden, Ahmedabad– 380 015
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Bulkcorp International Limited IPO is a book-built IPO worth ₹20.78 crore. The price band is ₹100–₹105 per share. The IPO opens on Jul 30, 2024 and closes on Aug 1, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Bulkcorp International Limited IPO is ₹100 to ₹105 per share.
The lot size of Bulkcorp International Limited IPO is 1200 shares.
The minimum investment for Bulkcorp International Limited IPO is approximately ₹1,26,000 based on the upper price band .
Bulkcorp International Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.
The allotment date of Bulkcorp International Limited IPO is Aug 2, 2024.
Bulkcorp International Limited IPO is expected to be listed on Aug 6, 2024, on NSE SME Platform.
Bulkcorp International Limited IPO valuation snapshot: P/E 22.17, EPS ₹4.74/-, P/B 6.22, RoNW 38.10%, and market cap N/A.
To apply for Bulkcorp International Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Bulkcorp International Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Bulkcorp International Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Bulkcorp International Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bulkcorp International Limited IPO allotment status on IPO Ji for quick and easy access.