Bulk Corp International IPO description – Incorporated in 2009, Bulk Corp International specializes in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags. The company offers a wide range of customizable packaging solutions, including FIBC bags (Jumbo Bags) in eight variations and container liners.
The company caters to the needs of crucial industries such as agriculture, chemical, construction, food, pharmaceutical, and mining. Its customer base spans the globe, with a presence in countries like the United States of America, Canada, the United Kingdom, South Africa, Ivory Coast, South Korea, Spain, various European nations, and Egypt.
The manufacturing unit is situated in Changodar, Ahmedabad. The company has expanded its capacity by installing new machinery at the premises adjacent to its existing facility. Due to this expansion, the installed capacity of the company’s manufacturing facility has doubled from 2,400 metric tonnes per annum (MTPA) to 4,800 MTPA. As of 31 May 2024, the company has a total of 195 employees, including workers.
Promoters of Bulk Corp International – Mr. Punit Mahendra Gopalka, Mr. Anup Mahendra Gopalka, and Mr. Sanjay Pandurang Sadavarte
Table of Contents
Bulk Corp International IPO Details
| Bulk Corp International IPO Dates | 30 Jul – 1 Aug 2024 |
| Bulk Corp International Issue Price | INR 100 – 105 per share |
| Fresh issue | 19,78,800 shares (INR 19.79 – 20.78 crore) |
| Offer For Sale | NIL |
| Total IPO size | 19,78,800 shares (INR 19.79 – 20.78 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,26,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Bulk Corp International Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 48.42 | 38.47 | 45.18 |
| Expenses | 46.95 | 37.24 | 41.71 |
| Net income | 1.73 | 1.21 | 3.56 |
Bulk Corp International Offer News
- Bulk Corp International RHP
- Bulk Corp International Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Bulk Corp International Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.18 | 2.23 | 6.47 |
| PE ratio | – | – | 15.46 – 16.23 |
| RONW (%) | 48.34 | 25.35 | 38.10 |
| NAV | 6.57 | 8.81 | 16.87 |
| ROCE (%) | 27.62 | 19.85 | 40.25 |
| EBITDA (%) | 5.58 | 6.29 | 10.38 |
| Debt/Equity | 2.49 | 1.13 | 0.68 |
Bulk Corp International IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 August 2024 | 80 | – | 72,000 |
| 3 August 2024 | 90 | – | 81,000 |
| 2 August 2024 | 90 | – | 81,000 |
| 1 August 2024 | 90 | – | 81,000 |
| 31 July 2024 | 85 | – | 75,000 |
| 30 July 2024 | 75 | – | 68,500 |
| 29 July 2024 | 52 | – | 45,000 |
| 27 July 2024 | 10 | – | 9,000 |
| 26 July 2024 | 10 | – | 9,000 |
Bulk Corp International IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 3,75,600 | 2,82,000 | 6,58,800 | 13,16,400 |
| 1 Aug 2024 | 104.42 | 251.23 | 351.42 | 259.48 |
| 31 Jul 2024 | 5.28 | 31.14 | 91.38 | 53.91 |
| 30 Jul 2024 | 4.77 | 6.74 | 21.79 | 13.71 |
The market maker reservation portion of 99,600 shares and anchor allocation of 5,62,800 shares is not included in the above calculations.
Bulk Corp International IPO Allotment Status
Bulk Corp International IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Bulk Corp International IPO Dates & Listing Performance
| IPO Opening Date | 30 July 2024 |
| IPO Closing Date | 1 August 2024 |
| Finalization of Basis of Allotment | 2 August 2024 |
| Initiation of refunds | 5 August 2024 |
| Transfer of shares to demat accounts | 5 August 2024 |
| IPO Listing Date | 6 August 2024 |
| Opening Price on NSE SME | INR 130 per share (up 23.81%) |
| Closing Price on NSE SME | INR 136.50 per share (up 30%) |
Bulk Corp International Offer Lead Manager
SWASTIKA INVESTMART LIMITED
Flat No18, 2nd Floor, North Wing,
Madhaveshwar Coop Hsg Society Ltd, Madhav Nagar,
11/12 SV Road, Andheri West Mumbai – 400058
Phone: +91-22-26254568-69 / 0731-6644244
Email:Â [email protected]
Website:Â www.swastika.co.in
Bulk Corp International Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Bulk Corp IPO Contact Details
BULK CORP INTERNATIONAL LIMITED
309, Safal Prelude, Corporate Road, Off Prahalad Nagar
Audagarden, Ahmedabad– 380 015, Gujarat
Phone: +91-79-4899 6823
E-mail: [email protected]
Website: www.bulkcorp-int.com
IPO FAQs
What is the Bulk Corp IPO size?
Bulk Corp International offer size is INR 19.79 – 20.78 crores.
What is the Bulk Corp IPO price band?
Bulk Corp International public offer price is INR 100 – 105 per share.
What is the lot size of the Bulk Corp International IPO?
Bulk Corp International offer a lot size is 1,200 shares.
What is Bulk Corp International IPO GMP today?
Bulk Corp International IPO GMP today is INR 80 per share.
What is the Bulk Corp International kostak rate today?
Bulk Corp International kostak rate today is INR NA per application.
What is Bulk Corp International Subject to the Sauda rate today?
Bulk Corp International is Subject to the Sauda rate today is INR 72,000 per application.
