Gulf Lloyds (India) Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

20 Jul 2026

Close Date

22 Jul 2026

Allotment

23 Jul 2026

Listing Date

27 Jul 2026

Exchange

BSE SME

Price Band

₹100

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

18,19,200 shares (agg. up to ₹18 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

49,10,000 shares

Promoters

Post-IPO Holding

67,29,200 shares

Promoters

P/E (Pre)

11.41x

P/E (Post)

15.64x

EPS (Pre)

₹8.76

EPS (Post)

₹6.39

UPI Deadline

5:00 PM on 22 Jul 2026

Mandate

GMP

+₹6

+6% est.

Anchor AllotmentSun, 19 Jul 2026

Basis of AllotmentThu, 23 Jul 2026

Refund InitiationFri, 24 Jul 2026

Demat CreditFri, 24 Jul 2026

Listing DayMon, 27 Jul 2026

UPI Mandate Deadline5:00 PM on 22 Jul 2026

Sale TypeFresh capital only

Net Offer to Public17,28,000 shares (agg. up to ₹17 Cr)

Market Maker Quota91,200 shares (agg. up to ₹0.9120 Cr)

Fresh Issue Shares17,28,000 shares (agg. up to ₹17 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Gulf Lloyds (India) Ltd IPO subscribed 10.85 times overall. Retail: 18.83x. QIB: 1.00x. NII: 2.86x. By 22 Jul 2026.

QIB

1.00x

Over

NII/HNI

2.86x

Over

Retail

18.83x

Over

Total

10.85x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	91,200	—	₹0.91
QIB	Over 1.00x	—	—	—
NII / HNI	Over 2.86x	864,000	—	₹8.64
Retail	Over 18.83x	864,000	—	₹8.64
Total	10.85x	1,728,000	100%	₹17.28

IPO Shares Offered

Gulf Lloyds (India) Ltd IPO total issue size: ₹17.28 Cr. Retail: ₹8.64 Cr. NII: ₹8.64 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	91,200	₹0.91	5.28%
NII	864,000	₹8.64	50.00%
Retail	864,000	₹8.64	50.00%
Total	1,728,000	₹17.28	100.00%

* Based on upper price band ₹100 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	864,000	864,000	1,728,000
Allotment price (₹)	100	100	100	100	100	100	100	100
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹8.64	₹8.64
Times subscribed	1	—	—	—	—	2.86x	18.83x	10.85x
Shares allotted	—	—	—	—	—	864,000	864,000	1,728,000
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹100 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

19 Jul 2026

✓ Done

IPO Open

20 Jul 2026

✓ Done

IPO Close

22 Jul 2026

✓ Done

Allotment

23 Jul 2026

✓ Done

Refunds

24 Jul 2026

✓ Done

Demat Credit

24 Jul 2026

✓ Done

Listing Day

27 Jul 2026

✓ Done

₹100.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹100.00 GMP: +₹6 Live Price

About Gulf Lloyds (India) Ltd

Incorporated in September 2014, Gulf Lloyads (India) Limited operates in the Services Sector, providing third-party inspection, Auditing, Certification, Testing, and Training services across various industries and regions.The company provides Third-Party Inspection, Auditing, Testing, Training and Certification services to public sector undertakings as well as organisations.The Company evaluates products, works, and processes for quality and safety compliance, technical specifications, and client needs. Its services help organizations of all sizes enhance compliance, control costs, and improve efficiency.The Company's registered office is in Ahmedabad, Gujarat, India. With over a decade of experience, it has executed projects in India and internationally, including the USA, UAE, China, Germany, and more.The company provides a range of customer-focused certification and inspection services that are efficient and cost-effective.The company's customers include Vee Kay Vikram & Co. LLP, Aakash Exploration Services Ltd, Pacific Steel and Alloys, Alexia Panels, APSS Technologies Pvt. Ltd, Euro Panel Products Ltd, RPF Pipes, IOAGPL, Hindusthan Technologies Pvt. Ltd, Nabros Transport Pvt Ltd, Corrtech International Ltd, John Energy Ltd, Chicago Pneumatic Compressors, Haryana City Gas, CZAR Metric System Pvt Ltd, TLT Engineering India Pvt Ltd, Parixit Irrigation Ltd, Rajendra Piping & Fittings, Swati Switchgears Pvt. Ltd., Tatsuno India Pvt Ltd, Gelbarco Veedar Root, Ratnamani Metals & Tubes Ltd, Rungta Irrigation Ltd, and Therm Transfer Equipment Pvt Ltd.As of May 31, 2026, the company employed 715 personnel, including regular employees, contract staff, and consultants, across management, project management, engineering, finance, HR, audit, marketing, and operational functions.The Company provides a range of third-party inspection services, such as :Pre Shipment InspectionMarine InspectionOil Industry inspectionGas Industry documents inspectionPower generation,Mining,Manufacturing industryIndustrial Equipment industryCargo Inspection;Electrical industry;Automotive industryCompetitive Strength:The Company provides a wide range of services, including inspection, verification, auditing, testing, training, and certification across various industries.Large Assignment Pipeline and Broad Client Base Across Sectors.Accredited and Recognized Operations.Strengthening Technical Expertise through an Experienced and Qualified Team.Focus on Continuous Employee Training and Skill Developmen.Quality and Compliance-Driven Processes.The Company manages its operations across several regions in India, with its head office based in Ahmedabad.

Objects of the Issue

Capital Expenditure for Office premises

Repayment of unsecured loans

Working Capital requirement

General corporate purposes

Gulf Lloyds (India) Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

₹36.0

31 Mar 2026

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

₹4.3

31 Mar 2026

Particulars	31 Mar 2026	FY 2023-24	FY 2022-23
Revenue from Operations	35.97	N/A	N/A
EBITDA	7.90	N/A	N/A
Profit After Tax (PAT)	4.30	N/A	N/A
Net Worth	13.48	N/A	N/A
Total Assets	35.29	N/A	N/A
Reserves & Surplus	8.71	N/A	N/A
Borrowings	15.68	N/A	N/A
EBITDA Margin (%)	21.97	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

3.64

RoE

37.49

RoCE

24.88

RoNW

31.92

EBITDA Margin

21.97

Debt/Equity

1.15

Issue Structure & Shareholding

Total Shares Offered18,19,200

Net Offer to Public17,28,000 shares (agg. up to ₹17 Cr)

Reserved for Market Maker91,200 shares (agg. up to ₹0.9120 Cr)

Pre-Issue Promoter Holding49,10,000 shares

Post-Issue Promoter Holding67,29,200 shares

P/BV Ratio3.64

RoE37.49

RoCE24.88

Debt / Equity1.15

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

040-79615565

gulf.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Interactive Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Gulf Lloyds (India) Ltd IPO subscribed? ▲

Gulf Lloyds (India) Ltd IPO is subscribed 10.85 times by Jul 22, 2026. Retail: 18.83x. QIB: 1.00x. NII: 2.86x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	2.86x
Retail Individual	18.83x
Total Subscription	10.85x

What is Gulf Lloyds (India) Ltd IPO retail subscription status? ▼

The Gulf Lloyds (India) Ltd IPO retail category is subscribed 18.83 times as of 22 Jul 2026. The retail portion is oversubscribed.

How to subscribe Gulf Lloyds (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Jul 2026 and closes 22 Jul 2026. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 22 Jul 2026.

How many times Gulf Lloyds (India) Ltd IPO subscribed? ▼

The Gulf Lloyds (India) Ltd IPO subscribed 10.85x overall. QIB: 1.00x, NII: 2.86x, Retail: 18.83x. Applications: from NSE/BSE.

How to check Gulf Lloyds (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Jul 2026. Refunds: on 24 Jul 2026.

When Gulf Lloyds (India) Ltd IPO will be listed? ▼

The Gulf Lloyds (India) Ltd IPO listing date is 27 Jul 2026, Monday. Listed on: BSE SME. Issue price: ₹100. Estimated listing: ₹106. GMP: +₹6.

When Gulf Lloyds (India) Ltd IPO close? ▼

The Gulf Lloyds (India) Ltd IPO closes on 22 Jul 2026, Wednesday. UPI mandate: 5:00 PM on 22 Jul 2026. Allotment: 23 Jul 2026. Listing: 27 Jul 2026.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMP+₹6

Est. Listing₹106

Subscribed10.85x

Open Date20 Jul 2026

Close Date22 Jul 2026

Allotment23 Jul 2026

Listing Date27 Jul 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 22 Jul 2026