Incorporated in 2009, the company, Bulkcorp International Limited is engaged in manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (“FIBC”) bags. Their manufacturing facility meets the requirements set out in BRC Global Standard for Packing and Packaging Materials and has achieved certified Grade A. They offer a wide range of customizable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Their manufacturing facility at Changodar, Ahmedabad is equipped with the required facilities including machinery, and other handling equipment to facilitate a smooth manufacturing process. They endeavor to maintain safety and high hygiene on their premises by adhering to key safety and hygiene norms specified by BRC.
Their manufacturing facility has an in-house testing laboratory to ensure that the finished products match the quality standards specified by their customers. All their FIBC bags are manufactured by ISO 21898 and have undergone quality tests at well-reputed labs. They majorly procure their raw materials from Gujarat. As their manufacturing unit is strategically connected to the National Highway and is located in a developed industrial area, this provides us with an operational advantage as the transportation process becomes time efficient. The company has expanded its installed capacity by installing new machinery at the premises adjacent to their existing manufacturing facility. Due to expansion, the installed capacity of the company manufacturing facility has doubled from 2400 MTPA to 4800 MTPA.
Objects of the Issue:
- Capital Expenditure
- To Meet Working Capital Requirements
- General Corporate Purpose
Bulkcorp International IPO Review
- May Apply
Bulkcorp International IPO Date & Price Band Details
| IPO Open: | July 30, 2024 |
| IPO Close: | August 1, 2024 |
| IPO Size: | Approx ₹20.78 Crores, 1,978,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 to ₹105 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Bulkcorp International IPO Market Lot
The Bulkcorp International IPO minimum market lot is 1200 shares with a ₹126,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹126,000 |
| Retail Maximum | 1 | 1200 | ₹126,000 |
| S-HNI Minimum | 2 | 1200 | ₹252,000 |
Bulkcorp International IPO Dates
The Bulkcorp International IPO date is July 30 and the IPO close date is August 1. The IPO allotment date is August 2 and the IPO might list on August 6.
| IPO Open Date: | July 30, 2024 |
| IPO Close Date: | August 1, 2024 |
| Basis of Allotment: | August 2, 2024 |
| Refunds: | August 5, 2024 |
| Credit to Demat Account: | August 5, 2024 |
| IPO Listing Date: | August 6, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Bulkcorp International IPO Form
How to apply Bulkcorp International IPO? You can apply Bulkcorp International IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bulkcorp International IPO in the Invest section. The other option you can apply Bulkcorp International IPO via IPO forms download via the NSE website. Check out the Bulkcorp International forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Bulkcorp International Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹31.76 | ₹30.42 | ₹0.64 |
| 2022 | ₹49.20 | ₹46.95 | ₹1.73 |
| 2023 | ₹38.96 | ₹37.24 | ₹1.21 |
| 2024 | ₹46.50 | ₹41.71 | ₹3.56 |
Bulkcorp International IPO Valuation – FY2024
Check Bulkcorp International IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.47 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 38.10% |
| Net Asset Value (NAV): | ₹16.87 per Equity Share |
Peer Group
- Rishi Techtex Ltd
- Jumbo Bag Limited
Company Promoters
- Mr. Punit Mahendra Gopalka
- Mr. Anup Mahendra Gopalka
- Mr. Sanjay Pandurang Sadavarte
Bulkcorp International IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Bulkcorp International IPO Allotment Status
Check Bulkcorp International IPO allotment status on KfinTech website URL. Click Here
Bulkcorp International IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Ltd
Company Address
Bulkcorp International Limited
309, Safal Prelude, Corporate Road
Off Prahalad Nagar
Audagarden, Ahmedabad– 380 015
Phone: +91-79-4899 6823
Email: [email protected]
Website: https://www.bulkcorp-int.com/
