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Open
30 Jul to 1 Aug, 2024
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Close
30 Jul to 1 Aug, 2024
3
Allotment
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Listing
Tue, Aug 6, 2024
Price Band
₹100 to ₹105
Issue Size
19,78,800 shares (agg. up to ₹21 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Aug 6, 2024
Latest GMP
₹82
Est. Gain
78.1%
✦ AI Insight
GMP Trend
06-08-2024₹82Est. ₹187+78.1%
05-08-2024₹82Est. ₹187+78.1%
04-08-2024₹82Est. ₹187+78.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 185.00x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sati Poly Plast Ltd. | SME | ₹17.36 Cr | ₹130 | 14.29 | ₹259.35 | +99.50% | ₹37.30 (+2.19%) |
| GSM Foils Ltd. | SME | ₹11.01 Cr | ₹32 | 20.98 | ₹33.60 | +5.00% | ₹263.45 (+1.15%) |
| Purv Flexipack Ltd. | SME | ₹40.21 Cr | ₹71 | 13.17 | ₹247.00 | +247.89% | ₹48.80 (+1.67%) |
| Kahan Packaging Ltd. | SME | ₹5.76 Cr | ₹80 | 7.74 | ₹159.60 | +99.50% | ₹82.84 (+8.08%) |
| Pyramid Technoplast Ltd. | Mainboard | ₹153.05 Cr | ₹166 | 16.21 | ₹177.65 | +7.02% | ₹166.71 (+0.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 2.18 |
| 2 | To Meet Working Capital Requirements | 11.00 |
| 3 | General Corporate Purpose | 5.15 |
About Bulkcorp International IPO
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.+ Read More
Contact Details
Bulkcorp International Ltd. Address309, Safal Prelude, Corporate RoadOff Prahalad NagarAudagardenAhmedabad, Gujarat, 380015+91-79-4899 6823compliance@bulkcorp-int.comVisit Website