Bulkcorp International Ltd

Bulkcorp International Ltd

Price Range

₹100 - ₹105

Bidding Dates

30 Jul - 1 Aug

Allotment Date

2 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date30 Jul 2024
Bid Closing DateBid Closing Date1 Aug 2024
Allotment DateAllotment Date2 Aug 2024
Issue SizeIssue Size₹20.78Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Wide Range of Products.

  • In-house Manufacturing capabilities.

  • Strong relationship with customers and suppliers.

  • Experienced management team with industry expertise and successful track record.


Risk

Risk

  • Its Manufacturing Unit, Registered Office and Labour Colony, from where the company operates are not owned by it.

  • The operations of the company are limited to selected regions such as in Gujrat domestically and in USA overseas. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

  • The Company is dependent on few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations.

  • The Company is dependent on few numbers of customers for sales. The loss of any of this large customer may affect its revenues and profitability.

  • Business of the company is dependent on its Manufacturing facilities. Continues operations of its manufacturing facility is critical to the companys business and any disruption in the operation of its manufacturing facility may have a material adverse effect on its business, results of operations and financial condition.

  • Its operations are subject high level of hygiene & safety standards.

  • The company is subject to foreign currency exchange rate fluctuations which could have a material and adverse effect on its results of operations and financial conditions.

  • The company will continue to be controlled by its Promoters after the completion of the Issue.

  • The Company, Promoter, Directors and Group Company are involved in certain legal proceedings. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.

  • The Company has not entered into any agreements/ contracts for the supply of raw material and other utilities. Risks related to shortfall or non-availability of raw material and other utilities may adversely affect its manufacturing processes and have an adverse impact on the companys operations and financial condition.

Promoters Holding

Investors Holdings %
Punit Mahendra Gopalka30.64%
Anup Mahendra Gopalka30.64%
Sanjay Pandurang Sadavarte26.72%

About Bulkcorp International Ltd

Incorporated in 2009, Bulkcorp International Private Limited is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and BRC certified Company, which is engaged in manufacturing and supply of Food Grade FlexibleIntermediate Bulk Container (FIBC) bags. The manufacturing unit of the Company is situated at Changodar, Ahmedabad. Its manufacturing facility meets the requirements set out in BRC Global Standard for Packing and Packaging Materials and has achieved certified Grade A. The company offers a wide range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Its manufacturing facility located at Changodar, Ahmedabad is equipped with the required facilities including machinery, and other handling equipment to facilitate smooth manufacturing process. The company endeavours to maintain safety and high hygiene in its premises by adhering to key safety and hygiene norms as specified by BRC.
OrganisationBulkcorp International Ltd
HeadquartersAhmedabad
IndustryPackaging

Frequently Asked Questions

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