
Capital Goods / Industrial Manufacturing · NSE
Founded in 2009, Bulkcorp International Limited specializes in manufacturing and distributing Food-Grade Flexible Intermediate Bulk Container (FIBC) bags, offering eight customizable variations of Jumbo Bags along with container liners. Its state-of-the-art manufacturing facility in Changodar, Ahmedabad is certified with the BRC Global Standard for Packaging Materials (Grade A) and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. Serving industries such as agriculture, chemicals, construction, food, pharmaceuticals, and mining, Bulkcorp has built a strong global presence, exporting to the USA, Canada, the UK, South Africa, Ivory Coast, South Korea, Spain, multiple European countries, and Egypt. As of May 31, 2024, the company employs 195 personnel, including workers.
Price Band
₹100 – ₹105
Issue Size
₹20.78 Cr
Lot Size
1200 shares
GMP
+78.1%
Est. Listing
₹187
at current GMP
Subscribed
265.10x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Overall Subscription
265.10x
Total Demand
QIB Multiplier
104.42x
Institutions & Funds
NII / HNI
251.80x
High Net-Worth
Retail (RII)
362.40x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 375,600 | 39,219,600 | 104.42x |
| NIB | 282,000 | 71,007,600 | 251.80x |
| RETAIL | 658,800 | 238,750,800 | 362.40x |
| Total | 1,316,400 | 348,978,000 | 265.10x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 577 | 209,105 | 362.40x |
| HNIs (10L +) | 4 | 1,007 | 251.80x |
| HNIs (2-10L) | 18 | 4,532 | 251.80x |
| Total Applications | 599 | 214,644 | 358.34x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Bulkcorp International Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹20.78 Crores. The shares are offered at a price band of ₹100 to ₹105 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Bulkcorp International Limited IPO is ₹82 per equity share. Based on the upper price band of ₹100 to ₹105 per equity share, the estimated listing price is ₹187 (+78.1% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹82, the expected profit per application lot is approx ₹98,400 (+78.1% gain). Minimum application cost is approx ₹1,26,000.
The Bulkcorp International Limited IPO aggregate issue size is ₹20.78 Crores with an equity price band set at ₹100 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 265.10x (Retail: 362.40x, QIB: 104.42x, NII: 251.80x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-08-02. Investors can verify status using PAN card or application number.
Bulkcorp International Limited shares are scheduled to list on NSE on 2024-08-06.