Bulkcorp International IPO vs Trom Industries IPO

Comparison between Bulkcorp International IPO and Trom Industries IPO.

IPO Details

Bulkcorp International IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

	Bulkcorp International IPO	Trom Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Swastika Investmart Ltd.	Expert Global Consultants Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Kfin Technologies Ltd.
Market Maker	Sunflower Broking Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bulkcorp International IPO is up to ₹19.73 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Bulkcorp International IPO is ₹105.00 per share and of Trom Industries IPO is ₹115.00 per share.

	Bulkcorp International IPO	Trom Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹100.00 per share	₹100.00 per share
Issue Price (Upper)	₹105.00 per share	₹115.00 per share
Issue Price (Final)	₹105.00 per share	₹115.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	18,79,200 shares	25,90,800 shares
Fresh Issue Size (Amount)	up to ₹19.73 Cr	up to ₹29.79 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	18,79,200 shares	25,90,800 shares
Issue Size Total (Amount)	up to ₹19.73 Cr	up to ₹29.79 Cr

IPO Timetable

Bulkcorp International IPO opens on Jul 30, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Bulkcorp International IPO and Trom Industries IPO is Aug 01, 2024, and Jul 29, 2024, respectively.

	Bulkcorp International IPO	Trom Industries IPO
Anchor Bid Date	Jul 29, 2024	Jul 24, 2024
Issue Open	Jul 30, 2024	Jul 25, 2024
Issue Close	Aug 01, 2024	Jul 29, 2024
Basis Of Allotment (Tentative)	Aug 02, 2024	Jul 30, 2024
Initiation of Refunds (Tentative)	Aug 05, 2024	Jul 31, 2024
Credit of Share (Tentative)	Aug 05, 2024	Jul 31, 2024
Listing date (Tentative)	Aug 06, 2024	Aug 01, 2024
Anchor Lockin End date 1	Sep 01, 2024	Aug 29, 2024
Anchor Lockin End date 2	Oct 31, 2024	Oct 28, 2024

Financials & KPIs

Bulkcorp International IPO P/E ratio is 16.33, as compared to Trom Industries IPO P/E ratio of 12.98.

Bulkcorp International IPO

Trom Industries IPO

Financials

Bulk Corp International Limited Financial Information (Restated)

Bulk Corp International Limited's revenue increased by 19.37% and profit after tax (PAT) rose by 193.6% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,236.39	1,765.18	2,177.10	1,975.97
Total Income	4,650.45	3,895.71	4,919.90	3,176.36
Profit After Tax	355.90	121.22	172.56	63.53
Net Worth	934.06	478.16	356.95	188.26
Reserves and Surplus	380.54	297.16	175.95	7.26
Total Borrowing	634.23	542.28	889.24	648.89
Amount in ₹ Lakhs

Trom Industries Limited Financial Information (Restated)

Trom Industries Limited's revenue increased by 125.98% and profit after tax (PAT) rose by 1885.2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,919.93	2,155.35	1,854.32
Total Income	5,454.68	2,413.80	3,056.55
Profit After Tax	572.93	28.86	35.98
Net Worth	1,222.57	249.92	221.12
Reserves and Surplus	575.84	248.92	220.12
Total Borrowing	573.71	492.82	85.66
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.10`

98.84

Promoter Shareholding (Post-Issue)

72.26

69.52

P/E Ratio

16.33

12.98

Market Cap

₹78.90 Cr.

₹105.74 Cr.

ROE

50.40%

77.82%

ROCE

40.25%

47.11%

Debt/Equity

0.68

0.47

EPS

₹6.43

₹8.86

RoNW

38.10%

77.82%

Shares Offered

In the Bulkcorp International IPO Retail Individual Investors (RII) are offered 6,58,800 shares while in Trom Industries IPO retail investors are offered 6,58,800 shares. Qualified Institutional Buyers (QIB) are offered 3,75,600 shares in Bulkcorp International IPO and 5,18,400 shares in Trom Industries IPO.

	Bulkcorp International IPO	Trom Industries IPO
Anchor Investor Reserveration	5,62,800 shares	7,76,400 shares
Market Maker Reserveration	99,600 shares	1,36,800 shares
QIB	3,75,600 shares	5,18,400 shares
NII	2,82,000 shares	3,88,800 shares
RII	6,58,800 shares	9,07,200 shares
Employee
Others
Total	18,79,200 shares	25,90,800 shares

Bids Received (Subscription)

Bulkcorp International IPO subscribed 264.90x in total, whereas Trom Industries IPO subscribed 459.00x.

	Bulkcorp International IPO	Trom Industries IPO
QIB (times)	104.42x	197.07x
NII (times)	251.39x	751.90x
Big NII (times)
Small NII (times)
RII (times)	362.17x	483.14x
Employee (times)
Other (times)
Total (times)	264.90x	459.00x

Compare with others

Bulkcorp International IPO	Trom Industries IPO
Dhariwalcorp IPO	Kizi Apparels IPO
Utssav CZ Gold Jewels IPO	Ashapura Logistics IPO
Kizi Apparels IPO	Rajputana Industries IPO
Ashapura Logistics IPO	Bulkcorp International IPO
Rajputana Industries IPO	Sathlokhar Synergys E&C IPO
Sathlokhar Synergys E&C IPO	Esprit Stones IPO
Trom Industries IPO	S A Tech Software IPO
Esprit Stones IPO	Aprameya Engineering IPO
S A Tech Software IPO	Manglam Infra IPO
Aprameya Engineering IPO	Chetana Education IPO