59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Goblin India Ltd IPO Analysis

Goblin India Ltd IPO is a Fixed Price listing on BSE SME exchange. The company is based in Ahmedabad and caters to Textiles sector. Galactico Corporate Service is the merchant banker of Goblin India Ltd IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th October 2024.

Goblin India Ltd IPO posted revenues of ₹ 32.60 crores and PAT of ₹ 3.36 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 31.10 Cr.
            EBITDA: ₹ 5.10 Cr.
            PAT: ₹ 3.36 Cr.
  • EBITDA Margin: 16.40 %
            Pat Margin: 10.80 %
  • Net Worth: ₹ 40.01 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]
Nature of IPO : SME Upcoming
Exchange : BSE SME
IPO Type : Fixed Price

Goblin India IPO Financial Performance (Restated)

Financial results of Goblin India Ltd IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Sep-24 FY 24 FY 23 FY 22
Balance Sheet
Assets 76.14 69.51 67.03 52.77
Net Worth 40.01 38.23 29.68 22.01
Total Debt 18.26 21.44 24.67 24.83
Profit & Loss
Revenue
Revenue on annualised basis
15.55
31.10
30.79 26.22 12.75
EBITDA
EBITDA on annualised basis
2.55
5.10
4.84 4.46 -0.47
PAT
PAT on annualised basis
1.68
3.36
1.72 2.15 -2.46
Financials
30-Sep-24
FY 24
FY 23
FY 22
Balance Sheet
Assets
76.14
69.51
67.03
52.77

Net Worth
40.01
38.23
29.68
22.01

Total Debt
18.26
21.44
24.67
24.83

Profit & Loss
Revenue
Revenue on annualised basis
15.55
31.10
30.79
26.22
12.75

EBITDA
EBITDA on annualised basis
2.55
5.10
4.84
4.46
-0.47

PAT
PAT on annualised basis
1.68
3.36
1.72
2.15
-2.46

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Goblin India IPO Key performance Indicators (KPI)

Goblin India Ltd IPO PAT Margin is 10.80 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Goblin India Ltd IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Sep-24 FY 24 FY 23 FY 22
EBITDA Margin (%) 16.40 15.72 17.01 -3.69
PAT Margin (%) 10.80 5.59 8.20 -19.29
EPS (₹) 1.22 1.25 1.66 -2.36
ROE (%) 4.20 4.50 7.24 -11.18
ROCE (%) [●] [●] [●] [●]
ROA (%) 2.21 2.47 3.21 -4.66
Debt to Equity 0.46 0.56 0.83 1.13
Particulars
30-Sep-24
FY 24
FY 23
FY 22

EBITDA Margin (%)
16.40
15.72
17.01
-3.69

PAT Margin (%)
10.80
5.59
8.20
-19.29

EPS (₹)
1.22
1.25
1.66
-2.36

ROE (%)
4.20
4.50
7.24
-11.18

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
2.21
2.47
3.21
-4.66

Debt to Equity (x)  
0.46
0.56
0.83
1.13

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Goblin India Ltd IPO Valuation Metrics

The market Capitalisation of Goblin India Ltd IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
[●]

P/B (times) :
[●]

NAV (₹) :
31.85

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Goblin India prospectus?

The Goblin India Ltd IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Goblin India IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Goblin India Ltd IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Goblin India IPO ?

The post-IPO market capitalisation of Goblin India Ltd IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Goblin India IPO?

The Goblin India LtdIPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Goblin India Ltd IPO?

Goblin India Ltd IPO reported revenue of ₹ 32.60 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Goblin India Ltd IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Goblin India Ltd IPO?

Goblin India Ltd recorded an EBITDA of ₹ 5.10 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Goblin India Ltd IPO?

Goblin India Ltd Profit After Tax (PAT) is ₹ 3.36 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 31.10 Cr.
            EBITDA: ₹ 5.10 Cr.
            PAT: ₹ 3.36 Cr.
  • EBITDA Margin: 16.40 %
            Pat Margin: 10.80 %
  • Net Worth: ₹ 40.01 Cr.
  • Market Capitalisation: [●]
  • P/E: [●]
  • P/BV: [●]
  • EV/EBITDA: [●]

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Goblin India Ltd operates in Textiles and . The Issue is listed on BSE SME in May, 2025. Goblin India Ltd IPO size was with Issue price of .

Goblin India Ltd IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Goblin India Ltd IPO listed at a listing price of against the offer price of .

The current market price of Goblin India Ltd is .

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