Bulkcrop International IPO will open on July 30, 2024 and close on August 1, 2024. The allotment of the IPO is on August 2, 2024 and the listing date of the IPO is August 6, 2024.
Bulk Crop International IPO is a fresh book-built issue of ₹20.78 crore for 1,978,800 shares. Bulkcrop IPO price is set at ₹100 to ₹105 per share, with a lot size of 1200 shares.
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Bulkcrop International Limited Overview
Bulkcrop International Limited is an Ahmadabad-based FIBC bag manufacturing company. It offers packaging solutions like jumbo bags and container liners for other industries.
Bulkcrop International is established on October 8, 2009, by Mr. Siddharth Sharma and Mr. Ganeshkumar Agarwal. Formerly, it was registered as a private company known as Navjivan Polyplast Private Limited. Later, it converted into a public limited company, and its name changed to Bulkcrop International Limited.
Bulkcrop International Limited IPO Details: Price & Date
| IPO Date | July 30, 2024 to August 1, 2024 |
| Listing Date | August 6, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹105 per share |
| Lot Size | 1200 Shares |
| Overall Subscriptions | 36.46x |
| Total Issue Size | 1,978,800 shares (aggregating up to ₹20.78 Cr) |
| Fresh Issue | 1,978,800 shares (aggregating up to ₹20.78 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| ISIN | INE0SZ301012 |
| Share holding pre issue | 5,535,264 |
| Share holding post issue | 7,514,064 |
| Market Maker portion | 99,600 shares |
Bulkcrop International IPO GMP Today
The overall subscription status of Bulkcrop IPO is 34.46 times. According to this metric the last updated Grey Market Premium (GMP) for the Bulkcrop IPO is ₹49. The estimated listing price for Bulkcrop International Limited IPO is between ₹100 to ₹105 per share, combining the cap price with today’s GMP. The following table displays the trend of the Bulkcrop International IPO’s GMP over the past few days.
The expected listing share price range of Bulkcrop International Ltd.’s IPO is ₹105-₹154.
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| GMP Date | IPO Price | GMP Price |
| August 2, 2024 | ₹100-₹105 | ₹51 |
| August 1, 2024 | ₹100-₹105 | ₹49 |
| July 29, 2024 | ₹100-₹105 | ₹56 |
| July 28, 2024 | ₹100-₹105 | ₹35-₹50 |
| July 27, 2024 | ₹100-₹105 | ₹35-₹45 |
| July 26, 2024 | ₹100 to ₹105 | ₹35-₹50 |
| July 25, 2024 | ₹100 to ₹105 | ₹50 |
Bulkcrop International Ltd IPO Important Dates
All the important dates regarding Bulkcrop IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Bulkcrop International Ltd IPO opening date is Wednesday, July 30, 2024 and the offer will close on August 1, 2024.
| IPO Open Date | Tuesday, July 30, 2024 |
| IPO Close Date | Thursday, August 1, 2024 |
| Basis of Allotment | Friday, August 2, 2024 |
| Initiation of Refunds | Monday, August 5, 2024 |
| Credit of Shares to Demat | Monday, August 5, 2024 |
| Listing Date | Tuesday, August 6, 2024 |
Bulkcrop International IPO Lot Size & Investor Types
It offers a minimum of 1200 shares per lot. The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,26,000 |
| Retail (Max) | 1 | 1200 | ₹1,26,000 |
| HNI (Min) | 2 | 2,400 | ₹2,52,000 |
| HNI (Max) | 4 | 4,800 | ₹5,04,000 |
Bulkcorp International Ltd IPO Promoter Holding
| Pre-issue Share Holding | 88.00% |
| Post-issue Share Holding | 64.82% |
Bulkcorp IPO Quota Shares Offered
| Investor Category | Shares Offered |
|---|---|
| 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 |
Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 50.40% |
| ROCE | 40.25% |
| Debt/Equity | 0.68 |
| RoNW | 38.10% |
| P/BV | 6.22 |
| PAT Margin (%) | 7.88 |
Company details
309, Safal Prelude, Corporate Road, Off Prahalad Nagar
Audagarden, Ahmedabad, PIN-380015
Phone: +91-7948996823
Email: [email protected]
FAQs
1. What is the Bulkcrop IPO’s GMP Price?
Today’s GMP price range for Bulkcrop International Ltd.’s IPO is between ₹49.
2. When is the listing date for the Bulkcrop International Limited IPO?
Bulkcrop International IPO’s listing date is Tuesday, August 6, 2024.
3. When is the allotment date for Bulkcrop International IPO’s?
The allotment date of the Bulkcrop IPO is Friday, August 2, 2024.
4. When will the Bulkcrop International Limited IPO offering date be closed?
Bulkcrop International IPO subscription date will close on Thursday, August 1, 2024.
Conclusion
Bulkcrop International Limited is a jumbo bag manufacturer and provides packaging solutions for other industrial sectors. Investing in Bulkcrop IPO consider a good decision, but make sure to invest carefully and at your own risk. More information regarding Bulkcrop International IPO will update timely on this page.
To get more information and regular updates on Bulkcorp Internationa Ltd IPO, keep in touch with The Invest Advisory.