Bulkcorp International Limited IPO

NSE SME

Listed On: Aug 6, 2024 at ₹ 130.0

₹ 126000 /1200 Shares

Check Allotment

Bulkcorp International Limited IPO Details

30 Jul, 2024

Open Date

01 Aug, 2024

Close Date

02 Aug, 2024

Allotment Date

06 Aug, 2024

Listing Date

Issue Price

₹100-105 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

130.0

Listing Date

2024-08-06

Market Lot

1200 Shares (₹126,000/-)

Lead Manager

Swastika Investmart Ltd

Issue Size

1,978,800 shares(aggregating up to ₹20.78 Cr)

Retail Portion

35%

Subscription

265.10 times

IPO Docs

DRHP RHP

The IPO of Bulkcorp International Limited is priced at ₹100-105 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.

Bulkcorp International Limited IPO bid opening date is from Jul 30, 2024 and the bid closing date was Aug 1, 2024.
Bulkcorp International Limited IPO allotment result will be available on Aug 2, 2024. The tentative listing date for Bulkcorp International Limited is Aug 6, 2024.

The total issue size is 1,978,800 shares(aggregating up to ₹20.78 Cr).

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

Total No. of Applications: 198,833 (Approx)

Bulkcorp International Limited Valuations

EPS Pre IPO

₹6.43/-

EPS Post IPO

₹4.74/-

P/E Pre IPO

16.33

P/E Post IPO

22.17

ROE

50.40%

ROCE

40.25%

Debt/Equity

0.68

RoNW

38.10%

PAT Margin

7.88

Price to Book Value

6.22

Bulkcorp International Limited Company Financials All values are in ₹ Lakh

	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

About The Company

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)

Pre Issue Share Holding: 98.10%

Post Issue Share Holding: 72.26%

Company Promoter(s)

Mr. Punit Mahendra Gopalka
Mr. Anup Mahendra Gopalka
Mr. Sanjay Pandurang Sadavarte

Bulkcorp International Limited IPO - Issue Objectives

Capital Expenditure
To Meet Working Capital Requirements
General Corporate Purpose

Other Details

Company Contact Details

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/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: bil.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Bulkcorp International Limited IPO - FAQs

Ans. Bulkcorp International Limited IPO is a SME IPO. The issue is priced at ₹100-105 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 30, 2024, and closes on Aug 1, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Bulkcorp International Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.

Ans. The size of Bulkcorp International Limited IPO is 1,978,800 shares(aggregating up to ₹20.78 Cr).

Ans. The IPO price band is set between ₹100-105 per equity share.

Ans. To apply for Bulkcorp International Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Bulkcorp International Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Bulkcorp International Limited IPO is Aug 2, 2024.

Ans. The Bulkcorp International Limited IPO will be listed on Aug 6, 2024.

Ans. Follow the steps to check the allotment status for Bulkcorp International Limited IPO here.