Bulkcorp International Limited

Company Profile
Company Name Bulkcorp International Limited
Open Date 30-07-2024
Close Date 01-08-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹100 to ₹105 per share
Issue Size 19,78,800 shares
Application Amount ₹ 1,26,000
Recommendation Avoid
Originally formed and incorporated as ‘Navjivan Polyplast Private Limited’ on October 08, 2009. The registered office is located at Ahmedabad, Gujarat. The company is engaged in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags. Their customer base is spread across the globe with presence in countries like United States of America, Canada, United Kingdom, South Africa, Ivory Coast, South Korea, Spain, Europe, Egypt etc. The company had 195 employees as of May 31, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 4,842.41 3,847.07 4,518.25
EBITDA 270.12 242.05 469.14
Net Profit 172.56 121.21 355.90
RoCE 27.59% 29.91% 35.67%
ROE 48.34% 25.35% 38.10%
P/E 33.02 47.09 16.23

Tentative Timeline

Opening Date 30-07-2024
Closing Date 01-08-2024
Basis of Allotment 02-08-2024
Initiation of Refunds 05-08-2024
Credit of Shares to Demat 05-08-2024
Listing Date 06-08-2024

Objects of the Issue

Capital Expenditure for commissioning of Solar Power Plant.
To meet Working Capital Requirements.
General Corporate Purposes.

Contact Information

Registered Office Bulkcorp International Limited 309, Safal Prelude, Corporate Road Off Prahalad Nagar Audagarden, Ahmedabad– 380 015
Phone +91-79-4899 6823
Email compliance@bulkcorp-int.com
Website https://www.bulkcorp-int.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email bil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.10%
Share Holding Post Issue (Promoters) 72.26%

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