| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹20.78 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.78 Cr |
| Fresh Issue | ₹19.73 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน100.00-105.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | BULKCORP |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Swastika Investmart Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Founded in 2009, Bulkcorp International Limited produces and distributes Food-Grade Flexible Intermediate Bulk Container (FIBC) bags.
The company provides a variety of customizable packaging solutions, such as eight variations of FIBC bags (Jumbo Bags) and container liners.
The company's manufacturing unit in Changodar, Ahmedabad, meets the BRC Global Standard for Packaging and Packaging Materials and has achieved Grade A certification.
The company is certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, as well as BRC certification.
The company's products are supplied to industries such as agriculture, chemicals, construction, food, pharmaceuticals, and mining.
The company has exported its product to countries such as the United States of America, Canada, the United Kingdom, South Africa, the Ivory Coast, South Korea, Spain, Europe, Egypt, etc.
As of May 31, 2024, the company employs 195 people, including workers.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 2.18 |
| 2 | To Meet Working Capital Requirements | 11.00 |
| 3 | General Corporate Purpose | 5.15 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 32.36 | 17.65 | 21.77 | 19.76 |
| Total Income | 46.50 | 38.96 | 49.20 | 31.76 |
| Profit After Tax | 3.56 | 1.21 | 1.73 | 0.64 |
| NET Worth | 9.34 | 4.78 | 3.57 | 1.88 |
| Reserves and Surplus | 3.81 | 2.97 | 1.76 | 0.07 |
| Total Borrowing | 6.34 | 5.42 | 8.89 | 6.49 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 50.40% |
| ROCE | 40.25% |
| Debt / Equity | 0.68% |
| RoNW | 38.10% |
| PAT Margin | 7.88% |
| Price to Book Value | 6.22 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.43 | 4.74 |
| P/E (x) | 16.33 | 22.17 |
| Promoter Holding | 98.1% | 72.26% |
| Market Cap | โน78.90 Cr. | |