
Goblin India Limited
IPO Details
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Goblin India Limited's has transitioned to a publicly listed entity following its IPO debut on Oct 15, 2019 at the BSE exchange. The public offering successfully raised 29,24,000 Shares, consisting of TBDin new capital.
The IPO featured a competitive price range of ₹51 to ₹52 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Sep 30, 2019 and Oct 04, 2019, reflecting investor appetite for the offering.
Allotment of shares was completed on Oct 11, 2019, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Goblin India Ltd, founded in 1989 and based in Ahmedabad, is engaged in designing, marketing, and selling business, travel, and casual luggage along with travel accessories, and also trades and distributes products such as batteries, torches, household items, and office electronics for corporate clients. The Goblin brand is well known for travel gear and corporate gifting products and sells through wholesale, retail, e-commerce, and corporate gifting channels. In India, the company operates through a wide dealer and distributor network and runs two retail stores in Ahmedabad, while internationally it has a subsidiary in France with an extensive dealer base and a store in Paris, with products also available on major e-commerce platforms. The company serves several large corporate gifting clients and relies on third-party manufacturers in India and China for production.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong and friendly corporate relationships
- Sales in both domestic and international markets
- Multi-level distribution network
- High-quality and creative designs
- Wide range of licensed products
NA
- Mr. Manojkumar Choukhany
- Mrs. Sonam Choukhany
Goblin India Limited
Bigshare Services Private Limited
