Categories: Agency News

Bulkcorp International receives in- Principle Approval from NSE Emerge

Mumbai, Maharashtra, [India] July 15, 2024: 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 Flexible Intermediate Bulk Container (“FIBC”) bags. The manufacturing unit of the Company is situated at Changodar, Ahmedabad. The company offers a wide range of customisable packaging solutions FIBC bags (Jumbo Bags). The company endeavours to maintain safety and high hygiene in our premises by adhering to key safety and hygiene norms as specified by BRC. 

The company majorly procures raw materials from Gujarat. As the company’s manufacturing unit is strategically connected to the National Highway and is located in the midst of a developed industrial area, this provides the company the operational advantage as transportation process becomes time efficient. They cater to the requirements of crucial industries such as agriculture, chemical, construction, food, pharmaceutical, and mining. Bulkcorp International’s customer base is spread across the globe with presence in countries like United States of America, Canada, United Kingdom, South Africa, Ivory Coast, South Korea, Spain, Europe, Egypt etc. Bulkcorp is recognised as one star export house by Ministry of Commerce and Trade. The majority of its sales are through exports which contributed 78.27%, 75.88%, 72.93%, and 77.56% respectively to our total sales for the period/year ended on December 31, 2023, March 31, 2023, 2022 and 2021 respectively. 

Bulkcorp International has filed the Draft Red Herring Prospectus with NSE Emerge for raising funds through public offer. The company will issue fresh equity shares of up to 2150000 of face value Rs.10 each.

Bulkcorp International Limited IPO objectives:

The Net Issue Proceeds will be utilized for following purpose:

1) Capital Expenditure

2) To Meet Working Capital Requirements

3) General Corporate Purpose

The Book Running Lead Manager to the issue is Swastika Investmart Limited and the Registrar to the issue is Kfin Technologies Limited.

admin

Recent Posts

Milan Uncovered: Lufthansa’s Exclusive Fashion Journey

Image Name: Lufthansa’s Exclusive Fashion Journey Image Credit: Times of India In Milan, elegance is…

2 weeks ago

Exploring the Artistic Journey of AI-Da, the World’s First Robot Artist

Image Name: Exploring the Artistic Journey of AI-Da Image Credit: Interesting Engineering With the rapid…

2 weeks ago

Google Seeks to Delay U.S. Judge’s App Store Ruling

Image Name: U.S. Google Image Credit: The Hindu Google is asking a U.S. judge to…

2 weeks ago

New Threat of Drugs in Yukon

Image Name: Yukon Drugs Threat Image Credit: The Albertan The Yukon is struggling with an…

2 weeks ago

Foxconn Unveils Two Game-Changing EV Designs, Paving the Way for the Future of Electric Vehicles

Image Name: Future of Electric Vehicles Image Credit: South China Morning Post Foxconn, the manufacturing…

2 weeks ago

Here’s how would-be homebuyers are responding to the Bank of Canada rate cut

Image Name: Bank of Canada Image Credit: CoStar Consumers are reacting differently to a rate…

2 weeks ago