According to the information acquired, Bulkcorp’s IPO will take place very soon. This IPO is expected to open for subscription on July 30, 2024, and close on August 1, 2024. It is a book-built offering of 20.78 crore shares. In such a case, people are keen to learn about Bulkcorp IPO Details and Bulkcorp IPO GMP. Today, in this essay, we will provide all relevant facts about this IPO.
It provides a minimum of 1200 shares every lot. The table below depicts the potential minimum and maximum investment for retail investors and high net worth individuals in terms of shares and amounts.
Bulkcorp IPO Details
- Price: ₹105
- Lot size: 1200 shares.
- Allotment Date: 2 August 2024.
- Listing date: 6 August 2024.
- IPO size: around ₹20.78 crores with 1,978,800 equity shares.
- IPO listing on : NSE SME
Bulkcorp Financials
The company’s sales climbed by 19.37%, while profit after tax (PAT) increased by 193.6% between March 31, 2024 and March 31, 2023. The following is a summary of the company’s financial results for the fiscal year ending March 31, 2024.
| Total Revenue | Rs.4,650.45 lac |
| Net Worth | Rs.934.06 lac. |
| EBITA | Rs.469.14 lac |
| Total Assets | Rs.3,236.39 lac |
About Bulkcorp International Limited
Bulkcorp International Limited, established in 2009, manufactures and distributes food-grade Flexible Intermediate Bulk Container (FIBC) bags. The company provides a number of customisable packaging options, including eight different types of FIBC bags (Jumbo Bags) and container liners. Their production facility in Changodar, Ahmedabad, is certified to the BRC Global Standard for Packaging & Packaging Materials at the Grade A level.
Bulkcrop International Limited manufactures jumbo bags and offers packaging solutions to other industrial sectors. Investing in the Bulkcrop IPO is a wise option, but do it carefully and at your own risk.
