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Open
30 Sep to 4 Oct, 2019
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Close
30 Sep to 4 Oct, 2019
3
Allotment
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Listing
Tue, Oct 15, 2019
Price Band
₹51 to ₹52
Issue Size
29,24,000 shares (agg. up to ₹15 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Oct 15, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.14x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 36.80 | 33.28 | 22.83 |
| Total Income | 68.49 | 60.94 | 52.44 |
| Profit After Tax | 3.45 | 3.09 | 0.63 |
| EBITDA | 7.00 | 5.73 | 2.60 |
| NET Worth | 7.98 | 4.38 | 2.02 |
| Reserves and Surplus | 7.30 | 3.70 | 1.34 |
| Total Borrowing | 23.15 | 18.83 | 16.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SK International Export Ltd. | SME | ₹3.96 Cr | ₹20 | null | ₹20.00 | +0.00% | ₹29.00 (+0.87%) |
| Ashapuri Gold Ornament Ltd. | SME | ₹29.33 Cr | ₹51 | null | ₹51.00 | +0.00% | ₹3.97 (-1.24%) |
| Shubhlaxmi Jewel Art Ltd. | SME | ₹6.51 Cr | ₹26 | null | ₹27.20 | +4.62% | ₹21.00 (-4.98%) |
| S.M.Gold Ltd. | SME | ₹7.50 Cr | ₹30 | null | ₹28.60 | -4.67% | ₹12.07 (+0.92%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up a plant to manufacture/ assemble ABS Luggage bags at Ahmedabad, Gujarat | 1.83 |
| 2 | Funding the working capital requirement of the Company | 9.20 |
| 3 | General corporate purposes | 3.18 |
About Goblin India IPO
Incorporated in 1989, Ahmedabad based Goblin India Ltd is engaged in the business of designing, marketing and sale of business, travel & casual luggage and travel accessories. The company is also involved in other distribution and trading business of batteries & torches, household items, office electronics, and other commodities to the corporate.Goblin brand is known for travelling gears and corporate gifting. It sells the products through different channels such as wholesale, retail, e-commerce, and corporate gifting. In India, it has 129 direct dealers, 4 distributors and 245 dealers. Goblin also has a subsidiary in France with 250+ dealers. The company has two retail outlets in Ahmedabad and one store in Paris. Goblin also sells the products through Amazon, Flipkart and other e-commerce platforms.The companies such as Cipla Limited, Torrent Pharmaceuticals, Corona Remedies, Intas Pharmaceuticals, Sun Pharmaceuticals, Micro Labs Limited, Indian Institute of Management (Ahmedabad) and Nirma Limited are the clients of Goblin for corporate gifting. Goblin depends on third-party companies which are located in India and China for the product manufacturing.Competitive Strengths1. Cordi
Contact Details
Goblin India Ltd. AddressCamex House, 1st FloorCommerce RoadNavrangpuraAhmedabad, Gujarat, 380009+91 79 26465080cs@goblinindia.comVisit Website