Goblin India Ltd

About the Company:

Goblin India Ltd is an ISO 9001: 2015 certified travel luggage company engaged in the design, marketing and sale of travel, business and casual luggage as well as travel accessories.

Company sells its products under the brand name “Goblin” and the products are sold in over 6 states in India as well as in Paris, France through a variety of wholesale and retail distribution channel.

company is involved in the trading and distribution of various products in multiple verticals such as digital consumer electronics, batteries & torches, office electronics, household items and other commodities to the corporate for the purpose of corporate gifting.

Company’s Products are produced by third-party manufacturers, located primarily in China as well as in India.

Goblin has presence in the local markets across India, with 4 Distributors, 129 Direct dealers and 245 dealers.

Goblin has also developed and strengthened its brand value through its subsidiary in France with over 250 dealers.

As on date, Goblin owns two exclusive retail outlets in Ahmedabad, Gujarat and one excusive store in Paris through its subsidiary company.

Company is also present in the leading e-commerce platforms like Amazon and Flipkart.


Company’s Clients in Corporate Gifting Segment:

  • Corona Remedies Ltd
  • Torrent Pharmaceuticals Ltd
  • Intas Pharmaceuticals Ltd
  • Indian Institute of Management (Ahmedabad)
  • Nirma Limited,
  • Sun Pharmaceuticals Ltd
  • Cipla Ltd
  • Micro Labs Ltd


Experience in Global sourcing of diverse Luggage Products:

Company has been sourcing luggage products for sales in domestic and overseas markets since the last 12 year. Company sources luggage products from supplier based in China.


Innovative “Follow me” Luggage Bags:

Goblin is launching first time in India the most latest luggage bag “Follow Me” which is a travel marvel which will follow the owner by robotic intelligence of latest technology to follow the person with help of wrist band or controlled by mobile application.


Expansion by way of multi-distribution and retail channels:

AS on date company has one owned retail outlet in Ahmedabad, Gujarat and plan to add new stores in PAN India basis. Company shall also expand the existing distributor network in the domestic and overseas markets.


Corporate Gifting Business:

Apart from the Travel and Business products and their accessories, company also deals in multiple products for the purpose of corporate gifting like Bluetooth Speaker, Photo Frame, Toaster, Kettle, Umbrella, clock etc. as per the requirement of the customers.

Distribution and Dealers network:

Company has distributors in about 13 cities across India for distribution of our products. These distributors are responsible for supplying to various mom and pop stores.



Company also sells the products on the E-commerce companies directly or through their channel partners. Company’s products are available on Amazon, Flipkart etc


Financials of the Company:

(in Crores) FY 17 FY 18 FY 19
Revenue 52.43 60.93 68.48
Net Profit 0.63 3.09 3.44


IPO Details:

Details Info
Issue Opens on 30th September 2019
Issue Closes on:. 4th October 2019
Issue Price Rs.51 – 52
Face Value Rs.10
Minimum Lot 2000
Minimum Investment Rs.1,04,000
Issue Constitutes 27.99%
Issue Size Rs.15.2 cr
Market Cap Rs.54.30 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 29,24,000
Equity Shares Prior to the Issue 75,19,876
Equity Shares after the issue 1,04,43,876


Important Dates:

Finalization of Basis of Allotment on or Before 10th October 2019
Initiation of Refunds on or Before 14th October 2019
Credit of Equity Shares: on or Before 14th October 2019
Listing Date: on or Before 15th October 2019


Check IPO Allotment Status:

Bigshare Website (Click on the below Link)




Company Contact Info:
Goblin India Ltd
Camex House, 1st Floor, Commerce Road,
Navrangpura ,Ahmedabad-380009
Gujarat, India.
Telephone: +91 79-26465080,
Email: info@goblinindia.com
Website: www.goblinindia.com


IPO Registrar Info:
1 st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road
Marol, Andheri East, Mumbai – 400059, India.
Telephone: +91 22 62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com


Lead Manager to the Issue:
B 502, Statesman House, 148 Barakhamba Road,
New Delhi -11000, India.
Telephone: +91 11-43029809
Email: mb@ftfinsec.com
Investor email: investor@ftfinsec.com
Website: www.ftfinsec.com