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Goblin IPO is a book built issue of Rs 15.20 crores.
Goblin IPO bidding started from September 30, 2019 and ended on October 4, 2019. The allotment for Goblin IPO was finalized on Thursday, October 10, 2019. The shares got listed on BSE SME on October 15, 2019.
Goblin IPO price band is set at ₹51 to ₹52 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹104,000.
Fast Track Finsec Pvt Ltd is the book running lead manager of the Goblin IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Goblin IPO RHP for detailed information.
| IPO Date | September 30, 2019 to October 4, 2019 |
| Listing Date | October 15, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹52 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,924,000 shares (aggregating up to ₹15.20 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 7,519,876 |
| Share holding post issue | 10,443,876 |
| Market Maker portion | 148,000 shares |
Goblin IPO offers 2,924,000 shares. 1,388,000 (47.47%) to NII, 1,388,000 (47.47%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 148,000 (5.06%) |
| NII (HNI) Shares Offered | 1,388,000 (47.47%) |
| Retail Shares Offered | 1,388,000 (47.47%) |
| Total Shares Offered | 2,924,000 (100%) |
Goblin IPO opens on September 30, 2019, and closes on October 4, 2019.
| IPO Open Date | Monday, September 30, 2019 |
| IPO Close Date | Friday, October 4, 2019 |
| Basis of Allotment | Thursday, October 10, 2019 |
| Initiation of Refunds | Monday, October 14, 2019 |
| Credit of Shares to Demat | Monday, October 14, 2019 |
| Listing Date | Tuesday, October 15, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 4, 2019 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹104,000 |
| Retail (Max) | 1 | 2000 | ₹104,000 |
| Lot Size Calculator | |||
Mr. Manojkumar Choukhany and Mrs. Sonam Choukhany are the promoters of the company.
| Share Holding Pre Issue | 73.38% |
| Share Holding Post Issue | 52.83% |
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.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
|---|---|---|---|---|
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 3,680.24 | 3,328.30 | 2,283.23 | |
| Total Revenue | 6,848.65 | 6,093.69 | 5,243.98 | |
| Profit After Tax | 344.92 | 309.37 | 63.32 | |
The company proposes to utilise the Net Proceeds from the Issue ("Net Proceeds") towards the following objects:
1. To set up a plant to manufacture/assemble Acrylonitrile Butadiene Styrene (ABS) Luggage bags at Ahmedabad, Gujarat;
2. Funding the working capital requirement of the Company; and
3. General corporate purposes
[Dilip Davda] The merchant banker has the dismal track record and the company is way behind the two listed peers in term of volumes. However, considering the novel product portfolio and future plans, GIL is poised for bright prospects going forward. Hence investors may consider investment for the long term. Read detail review...
The Goblin IPO is subscribed 1.37 times on October 4, 2019 6:49:05 PM. The public issue subscribed 0.87 times in the retail category, times in the QIB category, and 1.87 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.87 |
| Retail | 0.87 |
| Total | 1.37 |
| Listing Date | October 15, 2019 |
| BSE Script Code | 542850 |
| NSE Symbol | |
| ISIN | INE492Z01018 |
| Final Issue Price | ₹52 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹52.00 |
| ₹55.00 |
| ₹54.10 |
| ₹57.70 |
| ₹56.60 |
Goblin India Limited
Camex House, 1st Floor,
Commerce Road, Navrangpura,
Ahmedabad-380009, India
Phone: +91 79 26465080
Email: cs@goblinindia.com
Website: http://www.goblinindia.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Goblin IPO is a SME IPO of 2,924,000 equity shares of the face value of ₹10 aggregating up to ₹15.20 Crores. The issue is priced at ₹51 to ₹52 per share. The minimum order quantity is 2000 Shares.
The IPO opens on September 30, 2019, and closes on October 4, 2019.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Goblin IPO opens on September 30, 2019 and closes on October 4, 2019.
Goblin IPO lot size is 2000 Shares, and the minimum amount required is ₹104,000.
You can apply in Goblin IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Goblin IPO will be done on Thursday, October 10, 2019, and the allotted shares will be credited to your demat account by Monday, October 14, 2019. Check the Goblin IPO allotment status.
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RHP
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Fundamentally strong. It is not enough for listing gain. Operators must have interest in it (like Goblin)