Bulkcorp International IPO Details
| IPO Size | 20.78 |
| Price Range | ₹100 - ₹105 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹126,000 |
| Pre IPO Promotor Holding | 98.10% |
| Post IPO Promotor Holding | 72.26% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Bulkcorp International IPO Timelines
30/07/2024
Start Date01/08/2024
End Date05/08/2024
Refund Initiation05/08/2024
Credit of Shares to Demat Ac06/08/2024
Listing DateBulkcorp International IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹126,000 |
| Retail Maximum | 1 | 1200 | ₹126,000 |
| S-HNI Minimum | 2 | 2400 | ₹252,000 |
Bulkcorp International IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 104.42 x | 251.80 x | 362.40 x | -- | 265.10 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹130 | ₹136.50 | ₹136.50 | ₹130 |
Bulkcorp International IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹31.76 | ₹30.42 | ₹0.64 |
| FY 2022 | ₹49.20 | ₹46.95 | ₹1.73 |
| FY 2023 | ₹38.96 | ₹37.24 | ₹1.21 |
| FY 2024 | ₹46.50 | ₹41.71 | ₹3.56 |
About Company
Founded in 2009, Bulkcorp International Limited specialises in the production and distribution of Food-Grade Flexible Intermediate Bulk Container (FIBC) bags. The company offers a range of customisable packaging solutions, including eight variations of FIBC bags (Jumbo Bags) and container liners.
Bulkcorp’s manufacturing unit, located in Changodar, Ahmedabad, adheres to the BRC Global Standard for Packing and Packaging Materials and has achieved Grade A certification. The company is also certified with ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and holds BRC certification, reflecting its commitment to quality, environmental management, and occupational health and safety standards.
The company’s products serve a diverse array of industries, such as agriculture, chemicals, construction, food, pharmaceuticals, and mining. Bulkcorp has successfully exported its products to numerous countries, including the United States of America, Canada, the United Kingdom, South Africa, Ivory Coast, South Korea, Spain, various European nations, and Egypt.
As of May 31, 2024, Bulkcorp International Limited employs 195 people, including workers. With a strong emphasis on quality and customisation, the company continues to provide reliable packaging solutions to meet the specific needs of its global clientele.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2009 | Plastic Products | Punit Mahendra Gopalka |
Know Before Investing
Bulkcorp International IPO Strengths
- Diverse FIBC product range with eight customisable varieties.
- ISO 9001:2015, 14001:2015, 45001:2018, and BRC certifications.
- Strong client base and long-term business relationships.
- Experienced management team with 35 years of industry expertise.
- In-house manufacturing with 4800 MTPA capacity in Ahmedabad.
- Exporting to USA, Canada, UK, South Korea, and more.
Bulkcorp International IPO Risks
- Business operations in leased premises may disrupt continuity.
- Revenue concentration in Gujarat and the USA limits diversification.
- Reliance on top 10 suppliers for 98% of purchases.
- Dependence on top 10 customers for over 90% sales.
- Operational disruption risks at a single manufacturing facility.
- Exports constitute 68% of revenue, vulnerable to currency fluctuations.
Swot Analysis for Bulkcorp International IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
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/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Bulkcorp International IPO are:
- Capital Expenditure
- To Meet Working Capital Requirements
- General Corporate Purpose