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Gulf Lloyds IPO
Price Band
₹
Issue Size
₹18.19 Cr
Lot Size
1,200 shares
Min Investment
₹240,000
2 LOTS MIN
GMP
+₹1.0 (1.0%)
Issue Price
₹100.0
Subject to Sauda
₹900
Paid only if allotted
Gulf Lloyds IPO AI Summary
- Gulf Lloyds IPO is listed on BSE SME in the Other Financial Services sector.
- Subscription window: 20 Jul–22 Jul 2026, listing on 27 Jul 2026.
- Current GMP is +₹1.0 (1.0%) — unofficial and can change daily.
Gulf Lloyds (India) Limited is set to offer its IPO with an issue price of ₹100.0. The company provides a range of inspection and certification services, targeting both public and private sectors. The IPO opens on 20th July 2026 and closes on 22nd July 2026, with a strong subscription interest observed, especially from retail investors.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
10.85x
| Category | Subscription | Status |
|---|---|---|
| NII (HNI) |
2.86x
|
2.86x |
| Retail (RII) |
18.83x
|
19x ✓ |
| Total | 10.85x | 10.85x |
Auto-updated every 5 min · As of 22nd Jul 2026 18:56
Gulf Lloyds IPO Grey Market Premium (GMP) Today
GMP
+₹1.0
GMP %
+1.0%
Est. Listing
₹101.0
Updated: 27 Jul 2026 07:00
GMP Trend (Last 12 Days)
About the Company
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 Inspection Marine Inspection Oil Industry inspection Gas Industry documents inspection Power generation, Mining, Manufacturing industry Industrial Equipment industry Cargo Inspection; Electrical industry; Automotive industry Competitive 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.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 |
|---|---|
| Assets | 35.29 |
| Total Income | 35.97 |
| Profit After Tax | 4.30 |
| EBITDA | 7.90 |
| NET Worth | 13.48 |
| Reserves and Surplus | 8.71 |
| Total Borrowing | 15.68 |
Key Ratios
EPS
₹8.76
NAV
₹27.46
ROE
37.49%
ROCE
24.88%
RoNW
31.92%
P/B Value
3.64
P/E Ratio
11.41
Market Cap
₹67.29 Cr
Debt/Equity
1.15
Promoters
Jaykumar Bhavsar, Bhagirath Bhavsar, Anitaben Bhavsar, Shivaniben Bhavsar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure for Office premises 4.01 2 Repayment of unsecured loans 3.00 3 Working Capital requirement 7.15 4 General corporate purposes Total 14.16
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
For the period ending 31 Mar 2026, Gulf Lloyds reported a total income of ₹35.97 Cr. This figure reflects the company's operational performance for that fiscal year.
Profit Trend
The profit after tax for Gulf Lloyds for the period ending 31 Mar 2026 was ₹4.30 Cr, indicating the company's profitability for that fiscal year.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand for the shares in the grey market, which can provide insights into how the stock might perform on its listing day. A positive GMP indicates strong demand, while a negative GMP suggests weaker interest.
Subscription Demand
As of 22nd July 2026, Gulf Lloyds' IPO was subscribed 10.85 times overall. The retail category saw a subscription of 18.83 times, while the non-institutional investors (HNI) category was subscribed 2.86 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's financial health, growth prospects, and market conditions before making a decision.
Who May Want to Wait
Investors who are risk-averse or uncomfortable with the inherent uncertainties of IPO investments may choose to avoid this offering. Additionally, those looking for immediate returns may find IPOs less suitable due to potential listing-day volatility.
IPO Timeline, Explained
The IPO will open for subscription from 20th July 2026 to 22nd July 2026, with the allotment date set for 23rd July 2026 and the listing date on 27th July 2026.
Listing Gains — The Risk
Listing gains refer to the price appreciation of a stock on its first day of trading compared to the IPO price. While some investors may realize quick profits, listing gains are not guaranteed and can be influenced by market conditions and investor sentiment. It's important to be aware of the risks involved in trading on the listing day.
This evaluation is generated from Gulf Lloyds's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Gulf Lloyds IPO GMP today?
Gulf Lloyds IPO GMP today is +₹1.0 (1.0%). GMP is an unofficial grey-market indicator and can change daily.
When does Gulf Lloyds IPO open and close?
Gulf Lloyds IPO opens on 20 July 2026 and closes on 22 July 2026.
When does Gulf Lloyds IPO list on the stock exchange?
Gulf Lloyds IPO listed on 27 July 2026 at ₹101.0.
What is the lot size for Gulf Lloyds IPO?
The lot size for Gulf Lloyds IPO is 1200 shares, requiring a minimum investment of ₹240,000 (2 lots).
What is the lot size for Gulf Lloyds' IPO?
The lot size for Gulf Lloyds' IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹240,000.
What is the issue price of the IPO?
The issue price of the IPO is ₹100.0 per share.
When is the listing date for Gulf Lloyds?
The listing date for Gulf Lloyds is 27th July 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on demand in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
20 Jul 2026
Close
22 Jul 2026
Allotment
23 Jul 2026
Listing
27 Jul 2026
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