Bulkcorp International Limited
smelistedAbout the company
## **About Bulkcorp International Limited** Founded in 2009, Bulkcorp International Limited is engaged in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags, commonly known as Jumbo Bags. Located in Changodar, Ahmedabad. The company state-of-the-art manufacturing facility adheres strictly to the BRC Global Standard for Packing and Packaging Materials, boasting a certified Grade A status. Equipped with advanced machinery and handling equipment, their facility ensures efficient production processes while maintaining high standards of safety and hygiene. Bulkcorp International offer a diverse range of customizable packaging solutions, including eight variations of FIBC bags and container liners. The company growth trajectory includes recent expansion initiatives, increasing their installed manufacturing capacity from 2400 to 4800 Metric Tons Per Annum (MTPA). This expansion underscores their dedication to meeting growing market demands across various industries such as agriculture, chemical, construction, food, pharmaceutical, and mining. Their international footprint spans across key markets including the United States, Canada, United Kingdom, South Africa, South Korea, and various European countries, supported by their recognition as a one-star export house by the Ministry of Commerce and Trade. At Bulkcorp International Limited, their success is bolstered by the expertise and experience of the promoters who oversee critical aspects of operations including expansion, process optimization, finance, sales, and marketing. Their sector-specific knowledge has been instrumental in driving the company's growth and enhancing our reputation as a reliable provider of high-quality packaging solutions globally. Bulkcorp International Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Capital Expenditure 1. To Meet Working Capital Requirements 1. General Corporate Purpose
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed30 Jul 2024Bidding starts for all investor categories
IPO Closes
Completed01 Aug 2024Last day to place your bid
Basis of Allotment
Completed01 Aug 2024Share allotment finalised
Refund Initiation
Completed05 Aug 2024Refunds credited for non-allottees
Credit to Demat
Completed02 Aug 2024Allotted shares credited to demat account
Listing on Exchange
Completed06 Aug 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1200 | ₹126,000 | 1 | ₹126,000 | 1 lot only |
| HNI | 2 | 2400 | ₹252,000 | 2 | ₹252,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,013,659 | 10.39 | 0 | 0.00x | 100% |
| NII | 15% | 304,098 | 3.12 | 0 | 0.00x | 100% |
| Retail | 35% | 709,561 | 7.27 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
