31 Mar 2021
Assets19.76
Total Income31.76
Profit After Tax0.64
NET Worth1.88
Reserves and Surplus0.07
Total Borrowing6.49
At a glance
Updated 2026-09-13Bulkcorp is a SME IPO with an issue size of ₹20.78 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹19.73 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹20.78 Cr
Fresh issue₹19.73 Cr
Face value₹10
Price band₹100.00–₹105.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure | ₹2.18 Cr |
| To Meet Working Capital Requirements | ₹11.00 Cr |
| General Corporate Purpose | ₹5.15 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue46.50₹ Cr · +19.4% vs prior year
PAT3.56₹ Cr · +194.2% vs prior year
Assets32.36₹ Cr · +83.3% vs prior year
Net Worth9.34₹ Cr · +95.4% vs prior year
Borrowing6.34₹ Cr · +17.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets21.77
Total Income49.20
Profit After Tax1.73
NET Worth3.57
Reserves and Surplus1.76
Total Borrowing8.89
31 Mar 2023
Assets17.65
Total Income38.96
Profit After Tax1.21
NET Worth4.78
Reserves and Surplus2.97
Total Borrowing5.42
31 Mar 2024
Assets32.36
Total Income46.50
Profit After Tax3.56
NET Worth9.34
Reserves and Surplus3.81
Total Borrowing6.34
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 50.40% |
| ROCE | 40.25% |
| Debt / Equity | 0.68% |
| RoNW | 38.10% |
| PAT Margin | 7.88% |
| Price to Book Value | 6.22 |
Valuation & shareholding
Pre-IPO EPS6.43
Post-IPO EPS4.74
Pre-IPO P/E16.33
Post-IPO P/E22.17
Promoter holding pre98.1%
Promoter holding post72.26%
Market cap₹78.90 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Bulkcorp International IPO | — | 22.17 x | — | — |
| Dhaval Packaging IPO | — | 17.08 x | — | — |
| Utkal Speciality IPO | — | 17.63 x | — | — |
| RFBL Flexi IPO | — | 15.19 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees including Underwriting Commission | ₹0.20 Cr |
| Fees Payable to Legal Advisor to the Issue | ₹0.04 Cr |
| Fees Payable to Registrar to the Issue | ₹0.03 Cr |
| Fees Payable Advertising, Marketing Expenses and Printing Expenses | ₹0.05 Cr |
| Fees Payable to Regulators including Stock Exchanges and other Intermediaries | ₹0.04 Cr |
| Fees payable to Peer Review Auditor | ₹0.01 Cr |
| Fees Payable to Market Maker (for Three Years) | ₹0.11 Cr |
| Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | ₹1.97 Cr |
| Escrow Bank Fees | ₹0.01 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Swastika Investmart Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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