Gulf Lloyds IPO

Upcoming SME
Min Investment
₹2,40,000
2400 Shares
Min Investment
₹2,40,000 · 2400 Shares
Open Jul 20
Close Jul 22
Allotment Jul 23
Refund Jul 24
Listing Jul 27

Market Sentiment

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IPO Details

Issue Price₹100 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,40,000)
Total Issue Size ₹18.19 crore
Fresh Share₹18.19 crore
Issue TypeFixed Price Issue
Lead ManagerInteractive Financial Services Ltd.
RegistrarKfin Technologies Ltd.
Listing atBSE

IPO Reservation

Category Shares Offered Shares %
NII (HNI)8,64,00050.00%
bNII > ₹10L5,76,00033.33%
sNII < ₹10L2,88,00016.67%
Retail8,64,00050.00%
Total17,28,000100.00%

Financial Analysis

Financial Data
EPS (Pre)
Rs 8.76
P/E (Pre)
11.42x
ROE
37.49%
ROCE
24.88%
RoNW
31.92%
EBITDA Margin
21.97%
Debt/Equity
1.15
NAV/Share
Rs 27.46
Revenue Growth
0.25%
Profit Margin
11.95%
Financial Performance
Metric 2024 2025 2026
Revenue 23.51 35.88 35.97
Expense 21.19 29.61 30.33
Profit (PAT) 1.68 4.67 4.30
Total Assets 15.88 23.51 35.29
Values in Crores (₹)

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,40,000
Retail Maximum 2 2,400 ₹2,40,000
S-HNI Minimum 3 3,600 ₹3,60,000
Budget to Lots Calculator

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,40,000 +₹0
Retail Maximum ₹2,40,000 +₹0
S-HNI Minimum ₹3,60,000 +₹0
GMP (Rumour*) +₹0
Exp. Listing ₹100
Return +0.0%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.
Promoters & Holding Pattern

Promoters: Bhagirath Bhavsar, Anitaben Bhavsar, Jaykumar Bhavsar, Shivaniben Bhavsar

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 49,10,000 99.94%
Promoter Holding Post Issue 67,29,200 72.92%

Strengths & Risks

Strengths
  • Solid profit margin — 12.0%.
  • Strong return on equity — 37%.
Risks & Concerns
  • Elevated leverage — debt/equity of 1.15.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Gulf Lloyds

Gulf Lloyds (India) Limited, founded in September 2014, is a leading Professional Services provider that offers innovative and bespoke Inspection, Verification, Assurance, Auditing, Testing, Training, and Certification solutions to individuals. Its services cater to a wide range of industries worldwide, from construction to agriculture to clothing. Gulf Lloyds offers inspection, Verification, certification, auditing, training, and testing certificates to organizations involved in the marine, environment, energy, infrastructure, transport and logistics, quality and safety, and agri-food sectors to ensure excellence, quality, and safety compliance. Its headquarters is in Ahmedabad and has completed its projects in India and internationally, including the USA, UAE, China, Germany, and more. Its services help all types of businesses, helping them make their operations more productive and effective.

Objects of the Issue
Purpose Amount (Cr)
Capital Expenditure for Office premises 4.01
Repayment of unsecured loans 3.00
Working Capital requirement 7.15
General Corporate Purpose -

Resources & Documents

Company Contact Information

Gulf Lloyds (India) Ltd., 910, Gala Empire, Opp. TV Tower, Drive-in Road, Thaltej Road, Ahmedabad, Gujarat, 380054

Gulf Lloyds IPO — Quick Take

Gulf Lloyds has fixed the issue price at Rs 100 per share for an issue size of Rs 18 crore. The SME issue is scheduled to open for subscription on July 20, 2026 — 5 days from now.

Gulf Lloyds (India) Limited, founded in September 2014, is a leading Professional Services provider that offers innovative and bespoke Inspection, Verification, Assurance, Auditing, Testing, Training, and Certification solutions to individuals. Its services cater to a wide range of industries worldwide, from construction to agriculture to clothing.

The issue is promoted by Bhagirath Bhavsar, Anitaben Bhavsar, Jaykumar Bhavsar, Shivaniben Bhavsar with Interactive Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital Expenditure for Office premises (Rs 4 crore) and Repayment of unsecured loans (Rs 3 crore).

At the upper end of the price band, the issue is priced at a post-issue P/E of 11.42x. On fundamentals, the company is posting revenue growth of 0.3%, a profit margin of 12.0%, return on equity of 37.5% in its most recent reported period.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The issue price of Gulf Lloyds IPO is fixed at Rs 100 per share. Face value is Rs 10 per share.

The total issue size of Gulf Lloyds IPO is Rs 18 crore, comprising fresh issue of Rs 18 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,40,000.

Gulf Lloyds IPO opens for subscription on July 20, 2026 and closes on July 22, 2026.

The expected allotment date for Gulf Lloyds IPO is July 23, 2026. Refunds for unsuccessful applicants are expected on July 24, 2026.

Gulf Lloyds IPO is scheduled to list on July 27, 2026 on BSE.

The registrar for Gulf Lloyds IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Gulf Lloyds IPO are Interactive Financial Services Ltd..

The promoter(s) of Gulf Lloyds are Bhagirath Bhavsar, Anitaben Bhavsar, Jaykumar Bhavsar, Shivaniben Bhavsar.

You can apply for Gulf Lloyds SME IPO online before 22 Jul 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,40,000 for 1 lot of 2,400 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Gulf Lloyds in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 2,400 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Gulf Lloyds IPO GMP — What It Means

No active grey market premium has been recorded for Gulf Lloyds IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Gulf Lloyds GMP history and trend, or learn how grey market premium works and how reliable it is.

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