Bulkcorp International IPO details Today : Bulkcorp International IPO details Today is Open on 30 July 2024 and Close on 1 August 2024. Bulkcorp International IPO to Raise 1,978,800 shares (Approx ₹[.] Cr) via IPO. The Fresh issue of 1,978,800 shares (Approx ₹[.] Cr).
Incorporated in 2009, our Company, Bulkcorp International Private Limited, which is engaged in manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (“FIBC”) bags.
We cater to the requirements of crucial industries such as agriculture, chemical, construction, food, pharmaceutical, and mining.
Our customer base is spread across the globe with presence in countries like United States of America, Canada, United Kingdom, South Africa, Ivory Coast, South Korea, Spain, Europe, Egypt etc.
The manufacturing unit of our Company is situated at Changodar, Ahmedabad. Our manufacturing facility meets the requirements set out in BRC Global Standard for Packing and Packaging Materials and has achieved certified Grade A.
We offer a wide range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Our manufacturing facility located at Changodar, Ahmedabad is equipped with the required facilities including machinery, and other handling equipment to facilitate smooth manufacturing process.
We endeavor to maintain safety and high hygiene in our premises by adhering to key safety and hygiene norms as specified by BRC.
Our manufacturing facility has an in-house testing laboratory to ensure that the finished products match the quality standards as specified by our customers.
All our FIBC bags are manufactured in accordance with ISO 21898 and they have undergone quality tests at well reputed labs. We majorly procure our raw materials from Gujarat. As our manufacturing unit is strategically connected to the National Highway and is located in the midst of a developed industrial area, this provides us with operational advantage as transportation process becomes time efficient.
Our company has expanded its installed capacity by installing new machineries at the premises adjacent to our existing manufacturing facility. Due to expansion, installed capacity of our company manufacturing facility has doubled from 2400 MTPA to 4800 MTPA.
Bulkcorp International IPO Date & Price Band Details
| IPO Open Date | 30 July 2024 |
|---|---|
| IPO Close Date | 1 August 2024 |
| IPO Size | 1,978,800 shares (Approx ₹20.78 Cr) |
| Fresh Issue | 1,978,800 shares (Approx ₹20.78 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹100 to ₹105 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Bulkcorp International IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹126,000 |
| Retail Maximum | 1 | 1200 | ₹126,000 |
| S-HNI Minimum | 2 | 2400 | ₹252,000 |
Object of the Issue
- Capital Expenditure.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
Bulkcorp International IPO Allotment & Listings (Details)
| IPO Open Date | 30 July 2024 |
|---|---|
| IPO Close Date | 1 August 2024 |
| Basis of Allotment | 2 August 2024 |
| Refunds | 5 August 2024 |
| Credit to Demat Account | 5 August 2024 |
| IPO Listing Date | 6 August 2024 |
Bulkcorp International Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹46.50 | ₹41.71 | ₹3.56 |
| 2023 | ₹38.96 | ₹37.24 | ₹1.21 |
| 2022 | ₹49.20 | ₹46.95 | ₹1.73 |
Our Company Promoters
- Punit Mahendra Gopalka
- Anup Mahendra Gopalka
- Sanjay Pandurang Sadavarte
Qualitative Factors
- Wide Range of Products.
- In-house Manufacturing capabilities.
- Strong relationship with customers and suppliers.
- Experienced management team with industry expertise and successful track record.
Bulkcorp International IPO Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Bulkcorp International Limited | 10.00 | 2.23 | [.] | 25.35% | 8.81 | 3,847.07 |
| Peer Group | ||||||
| Rishi Techtex Ltd | 10.00 | 1.51 | 13.29 | 3.65% | 41.26 | 10,683.66 |
| Jumbo Bag Limited | 10.00 | 1.67 | 10.90 | 4.48% | 37.42 | 11,123.76 |
Comparison of Accounting Ratios with Listed Peer Group Companies
- Bulkcorp International Limited
- Rishi Techtex Ltd
- Jumbo Bag Limited
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Bulkcorp International Company Contact Details
309, Safal Prelude, Corporate Road, Off Prahalad Nagar,
Auda Garden, Ahmedabad380015, Gujarat, India
Tel: +91-79-4899 6823
Email: compliance@bulkcorp-int.com
Website: www.bulkcorp-int.com
Bulkcorp International Lead Manager
Swastika Investmart Limited
Flat No. 18, North Wing, Madhav
Nagar, 11/12, S.V Road, Andheri (West), Mumbai –
400058
Merchant Banking Division: 48, Jaora Compound, MYH
Square, Indore – 452001, Madhya Pradesh.
Tel No.: 0731-6644244
Email: merchantbanking@swastika.co.in
Website: www.swastika.co.in
Contact Person: Mr. Mohit Goyal
Bulkcorp International IPO Registrar
Kfin Technologies Limited
Address: Selenium Tower-B, Plot No 31 and 32,
Gachibowli, Financial District, Nanakramguda, Se–
ilingampally, Hyderabad – 500032
Tel. No.:- +91 40 6–16 2222
Email: bil.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
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