Bulkcorp International Gears Up for IPO: Expanding Horizons

Bulkcorp International Private Limited, a certified manufacturer and supplier of Food Grade Flexible Intermediate Bulk Container bags, is preparing for an IPO to raise funds for capital expenditure and working capital needs. The company operates globally and significantly relies on exports for its revenues.

Bulkcorp International Private Limited, based in Mumbai, Maharashtra, is gearing up for its Initial Public Offering (IPO). The company, incorporated in 2009, specializes in manufacturing Food Grade Flexible Intermediate Bulk Container (FIBC) bags and has a prominent global presence.

Bulkcorp's manufacturing unit, located in Changodar, Ahmedabad, benefits from strategic connectivity to the National Highway, facilitating efficient transportation. The company procures the majority of its raw materials from Gujarat and adheres to stringent safety and hygiene standards set by BRC.

The capital raised through the IPO will be allocated towards capital expenditure, meeting working capital requirements, and general corporate purposes. Swastika Investmart Limited is the Book Running Lead Manager for the issue, while Kfin Technologies Limited serves as the Registrar.

(With inputs from agencies.)