Issue Price
₹52
Per Share
GMP
NIL
Grey Market
Est. Listing
₹52
Expected Price
Min. Application
₹208,000
2 lots × 2000 shares
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. Cordial Corporate relationship2. Sales in domestic and overseas markets3. Multi-tiered distribution network4. Superior levels of design5. Diversified Licensed Products Profile
Goblin India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 148,000 | — | ₹0.77 Cr | — |
| TOTAL | 2,924,000 | 100.00% | ₹15.20 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹104,000 |
| Retail (Max) | 13 | 26,000 | ₹1,352,000 |
| sNII (Min) | 14 | 28,000 | ₹1,456,000 |
| bNII (Min) | 68 | 136,000 | ₹7,072,000 |
| Particulars | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue from Operations | 6848.65 | 6093.69 | 5243.98 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 344.92 | 309.37 | 63.32 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3680.24 | 3328.30 | 2283.23 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |