Bulkcorp International Limited IPO
NSE SMEListed On: Aug 6, 2024 at ₹ 130.0
₹ 126000 /1200 Shares
Check Allotment30 Jul, 2024
Open Date01 Aug, 2024
Close Date02 Aug, 2024
Allotment Date06 Aug, 2024
Listing DateIssue Price
₹100-105 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
130.0Listing Date
2024-08-06Market Lot
1200 Shares (₹126,000/-)Lead Manager
Swastika Investmart LtdIssue Size
1,978,800 shares(aggregating up to ₹20.78 Cr)Retail Portion
35%Subscription
265.10 timesBulkcorp International Limited IPO Details
Bulkcorp International Limited IPO is an SME IPO, priced at ₹100-105 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 19,78,800 equity shares, aggregating up to ₹20.78 crores..
The IPO bidding window is open from Jul 30, 2024 to Aug 1, 2024. The allotment is expected to be finalized on Aug 2, 2024, and the tentative listing date is Aug 6, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,26,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,52,000.
Swastika Investmart Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Sunflower Broking Private Limited will act as the market maker for this issue.
Bulkcorp International Limited IPO Subscription Details
| 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
EPS Pre IPO
₹6.43/-EPS Post IPO
₹4.74/-P/E Pre IPO
16.33P/E Post IPO
22.17ROE
50.40%ROCE
40.25%Debt/Equity
0.68RoNW
38.10%PAT Margin
7.88Price to Book Value
6.22Bulkcorp 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%
- 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
Bulkcorp International Limited
309, Safal Prelude, Corporate Road, Off Prahalad Nagar, Audagarden, Ahmedabad– 380 015Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bil.ipo@kfintech.com
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.
