Bookbuilding IPO | ₹15 Cr | Listed at BSE SME | Mon, Sep 30, 2019 - Fri, Oct 4, 2019
Goblin India IPO is a book build issue of ₹15.20 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹15.20 crore.
Goblin India IPO bidding started from Sep 30, 2019 and ended on Oct 4, 2019. The allotment for Goblin India IPO was finalized on Oct 10, 2019. The shares got listed on BSE SME on Oct 15, 2019.
Goblin India IPO price band is set at ₹52 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,04,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,08,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Vijeta Broking India Pvt.Ltd..
Refer to Goblin India IPO RHP for detailed Information.
IPO Open
Mon, Sep 30, 2019
IPO Close
Fri, Oct 4, 2019
Issue Price
₹52 per share
Market Cap (Pre-IPO)
₹54.31 Cr
| IPO Date | 30 Sep to 4 Oct, 2019 |
| Listed on | Tue, Oct 15, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹52 |
| Issue Price | ₹52 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 29,24,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 1,48,000 shares Vijeta Broking India Pvt.Ltd. (agg. up to ₹0.7696 Cr) |
| Fresh Issue (Ex Market Maker) | 27,76,000 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 27,76,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 75,19,876 shares |
| Share Holding Post Issue | 1,04,43,876 shares |
| BSE Script Code | 542850 |
| ISIN | INE492Z01018 |
Goblin India IPO comprises a total issue size of 29,24,000 shares. The net offer to the public is 27,76,000 shares, after excluding 1,48,000 shares allotted on a firm basis. Of the Net offer 13,88,000 (50.00%) allocated to NII 13,88,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 13,88,000 | 50.00% | 47.47% |
| Retail Shares Offered | 13,88,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,48,000 | 5.06% | |
| Total Shares Offered | 29,24,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,04,000 |
| Retail (Max) | 1 | 2,000 | ₹1,04,000 |
| HNI (Min) | 2 | 4,000 | ₹2,08,000 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
The Goblin IPO is subscribed 1.37 times on October 4, 2019 6:49:05 PM (Day 4). 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) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.87 | 13,88,000 | 25,92,000 |
| Retail | 0.87 | 13,88,000 | 12,12,000 |
| Total | 1.37 | 27,76,000 | 38,04,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager (including Underwriting commission) | 0.90 |
| 2 | Advertising and marketing expenses | 0.02 |
| 3 | Fees payable to the Legal Advisors to the Issue | 0.01 |
| 4 | Fees payable to the Registrar to the Issue | 0.01 |
| 5 | Fees payable to the to the Regulators including stock exchanges | 0.01 |
| 6 | Printing and distribution of Issue stationary | 0.01 |
| 7 | Brokerage and selling commission payable to Syndicate & Brokerage and selling commission payable to Registered Brokers & Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs & Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTAs or the CDPs and submitted to them | 0.03 |
| 8 | Others (bankers to the Issue, auditor’s fees etc.) | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹52.00 |
| Open | ₹55.00 |
| Low | ₹54.10 |
| High | ₹57.70 |
| Last Trade | ₹56.60 |
Lead Manager Reports
Goblin India IPO is a SME IPO of 29,24,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹52 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Sep 30, 2019, and closes on Fri, Oct 4, 2019.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Goblin India IPO using UPI as a payment gateway. Zerodha customers can apply in Goblin India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Goblin India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Goblin India IPO opens on Mon, Sep 30, 2019 and closes on Fri, Oct 4, 2019.
Goblin India IPO lot size is 2000, and the minimum amount required for application is ₹1,04,000.
You can apply in Goblin India IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Goblin India IPO will be done on Thursday, October 10, 2019, and the allotted shares will be credited to your demat account by Mon, Oct 14, 2019. Check the Goblin India IPO allotment status.
The Goblin India IPO listing date is on Tue, Oct 15, 2019.
