The increase in the revenue of the company is through new innovation and design product. The company has introduced many product in the past and now they are introducing a luggage bag (follow me) which is a travel marvel which follow the owner by robotic intelligence. The company has diversified licensed products. A must IPO to be invested.
The company's esteemed clients includes corona remedies,nirma limited,sun pharmaceuticals,cipla limited,torrent pharmaceuticals and many more Company's RONW and EPS is 43.23 and 50.83 respectively.company's promoter has experience of more than 10 years management team's experience and their understanding of the industry enables them to take advantage of both current and future opportunities.all these factors make this ipo favorable for investors
Goblin are one of the biggest stock supported range of hard luggage,soft luggage and other travel related accessories The company has witnessed sustained growth over the years As could be seen from its financials its return on net worth is 43.23% The company has vast network of distributors in domestic market and strong customer base in overseas I am looking forward to it's IPO
Goblin has shown consistent growth in terms of revenue and profits of last three years and it is a company in the oligopoly market where Only VIP and safari are listed as of now and both have given fantastic returns to investors.. Must apply ipo
Dear Small March 19 Eps 50 RONW 43% NAV 117 After March 19 the company issued two bonus issue on June 6 2019 and June 24 2019 31:10 and 16:10 respectively. And also pref allotment at Rs89 on June 14 about 24 lakh shares. So Eps may be substantially lower on Sep 19 result.(Six Months result) issue capital before RHP IS 7.5 Cr. Net Profit for the March 19 is 3.4 Cr. So Eps is 4.5 Issue price is 52 Pe ratio is 11 because its Eps is 4.5 after adjusting bonus shares. Peer Group Vip trading at 41 pe and Safari trading at 51 pe Goblin coming at 11 pe. It seems good at first look. How it subscribes lets wait and see