Bulkcorp International Ltd

Bulkcorp International Ltd IPO

IPO Price Range: ₹100 - 105

Incorporated in 2009, Bulkcorp International Private Limited is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and BRC certified Company, which is engaged in manufacturing and supply of Food Grade FlexibleIntermediate Bulk Container (FIBC) bags. The manufacturing unit of the Company is situated at Changodar, Ahmedabad. Its manufacturing facility meets the requirements set out in BRC Global Standard for Packing and Packaging Materials and has achieved certified Grade A. The company offers a wide range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Its manufacturing facility located at Changodar, Ahmedabad is equipped with the required facilities including machinery, and other handling equipment to facilitate smooth manufacturing process. The company endeavours to maintain safety and high hygiene in its premises by adhering to key safety and hygiene norms as specified by BRC.

Min Investment

₹1,26,000

IPO Size

₹20 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Bulkcorp International Ltd

Open Date30 Jul 2024
Close Date1 Aug 2024
Allotment Date2 Aug 2024
Listing Date6 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date30 Jul 2024
Bid Closing DateBid Closing Date1 Aug 2024
Allotment DateAllotment Date2 Aug 2024
Issue SizeIssue Size₹20.78Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Wide Range of Products.

  • In-house Manufacturing capabilities.

  • Strong relationship with customers and suppliers.

  • Experienced management team with industry expertise and successful track record.


Risk

Risk

  • Its Manufacturing Unit, Registered Office and Labour Colony, from where the company operates are not owned by it.

  • The operations of the company are limited to selected regions such as in Gujrat domestically and in USA overseas. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

  • The Company is dependent on few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations.

  • The Company is dependent on few numbers of customers for sales. The loss of any of this large customer may affect its revenues and profitability.

  • Business of the company is dependent on its Manufacturing facilities. Continues operations of its manufacturing facility is critical to the companys business and any disruption in the operation of its manufacturing facility may have a material adverse effect on its business, results of operations and financial condition.

  • Its operations are subject high level of hygiene & safety standards.

  • The company is subject to foreign currency exchange rate fluctuations which could have a material and adverse effect on its results of operations and financial conditions.

  • The company will continue to be controlled by its Promoters after the completion of the Issue.

  • The Company, Promoter, Directors and Group Company are involved in certain legal proceedings. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.

  • The Company has not entered into any agreements/ contracts for the supply of raw material and other utilities. Risks related to shortfall or non-availability of raw material and other utilities may adversely affect its manufacturing processes and have an adverse impact on the companys operations and financial condition.

Promoters Holding

Investors Holdings %
Punit Mahendra Gopalka30.64%
Anup Mahendra Gopalka30.64%
Sanjay Pandurang Sadavarte26.72%

About Bulkcorp International Ltd

OrganisationBulkcorp International Ltd
HeadquartersAhmedabad
IndustryPackaging

Frequently Asked Questions

  • What is the size of the Bulkcorp International Ltd IPO?

    The size of the Bulkcorp International Ltd IPO is ₹20.78Cr .

  • What is 'pre-apply' for Bulkcorp International Ltd IPO?

    'Pre-apply' for Bulkcorp International Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Bulkcorp International Ltd IPO order be placed?

    Your Bulkcorp International Ltd IPO order will be placed on 30 Jul 2024.

  • What are the open and close dates of the Bulkcorp International Ltd IPO?

    The open and close dates of the Bulkcorp International Ltd IPO are 30 Jul 2024 to 1 Aug 2024.

  • What is the lot size and minimum order quantity of the Bulkcorp International Ltd IPO?

    The lot size and minimum order quantity of the Bulkcorp International Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Bulkcorp International Ltd IPO?

    The potential listing gains on the Bulkcorp International Ltd IPO will depend on various market factors and cannot be predicted with certainty.