Manipal Health Enterprises GMP ₹33 ▲ 5.59%Xtranet Technologies GMP ₹9 ▲ 7.09%Indo-MIM GMP ₹171 ▲ 35.26%Poojaa Precision Engg. GMP ₹195 ▲ 64.78%Lohia Corp GMP ₹11 ▲ 2.59%Advance Technoforge GMP ₹5.5 ▲ 5.79%Gulf Lloyds GMP ₹1 ▲ 1.00%
IPO Index
S
Sanjay Bambhaniya ·

Gulf Lloyds IPO Details 2026

SME Fixed Price Allotted
Services
BSE SME
Price Band
₹100
Issue Size
₹18.19 crores
Lot Size
1200
Min. Investment
₹1,20,000
Live GMP ₹1
1.00% Est. Listing: ₹101
IPO Timeline
DRHP FILED March 19, 2026
OPEN July 20, 2026
CLOSE July 22, 2026
ALLOTMENT July 23, 2026
LISTING July 27, 2026

Gulf Lloyds

Company overview & key insights

The Gulf Lloyds (India) IPO size is ₹18 crore, including a fresh issue of ₹17 crore and reserve of market maker ₹0.91 crore. It is a Fixed Price issue. The IPO issue opens on July 20, 2026 and closes on July 22, 2026. The share allotment is expected on July 23, 2026, and the listing date is July 27, 2026. Gulf Lloyds (India) Ltd. is based in Ahmedabad and operates in the Services Sector. It filed its DRHP on March 19, 2026 and will list its shares on BSE SME. Kfin Technologies Ltd. is the registrar, while Interactive Financial Services Ltd. serves as the merchant banker for the offer.

Gulf Lloyds (India) Ltd. provides essential third-party industrial inspection and product verification services to private and public corporations.

gulf lloyds ipo

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹18.19 crores
Fresh Issue ₹18.19 crores
Offer for Sale -
IPO Price Band ₹100
Face Value ₹10 per share
Lot Size 1200
Listed On BSE SME

IPO Dates

DRHP Filed March 19, 2026
Issue Open July 20, 2026
Issue Close July 22, 2026
Allotment Date July 23, 2026
Refunds Initiation July 24, 2026
Credit of Shares July 24, 2026
Listing Date July 27, 2026

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 50.00% (8,64,000 shares). Further, the minimum lot size is 1,200 shares, and the market maker reservation is 5.01% (91,200 shares).

IPO Reservation

QIB
Anchor Investor
QIB (Ex. Anchor)
NII (HNI) 8,64,000 (47.49%)
bNII > ₹10L
sNII < ₹10L
Retail 8,64,000 (47.49%)
Employee
Shareholder
Market Maker 91,200 (5.01%
Total 18,19,200

IPO Lot Size

Retail (Min)
2 | 2,400 Shares
2,40,000
Small Investor Quota
Retail (Max)
2 | 2,400 Shares
2,40,000
Retail Investment Limit
S-HNI (Min)
– | – Shares
Small HNI (₹2L – ₹10L)
S-HNI (Max)
– | – Shares
Small HNI (Up to ₹10 L)
B-HNI (Min)
– | – Shares
Big HNI (Above ₹10L)

IPO Documents & GMP

Prospectus & Grey Market Premium

On March 19, 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Financial Performance (₹ in Cr)

Period Ended30 Mar 202631 Mar 202531 Mar 2024
Total Income35.9735.8823.51
Profit After Tax4.34.671.68
EBITDA7.97.662.97
Net Worth13.489.334.66
Assets35.2923.5115.88
Total Debt15.688.946.94

Key Performance Indicator

ParticularsFY26FY25FY24FY23
EBITDA Margin (%)21.97%
PAT Margin (%)
EPS (₹)6.398.76
ROE (%)37.49%
ROCE (%)24.88%
ROA (%)
Debt to Equity (x)1.15

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Capital Expenditure for Office premises ₹4.01 Cr.
Repayment of unsecured loans ₹3.00 Cr.
Working Capital requirement ₹7.15 Cr.
General Corporate Purposes ₹0.00 Cr.
Total Fund Requirement ₹14.16 Cr.

IPO Key Metrics

Pre IPO EPS
8.76
Earnings Per Share
Post IPO EPS
6.39
Earnings Per Share
Pre IPO P/E
11.41
Price to Earnings
Post IPO P/E
15.64
Price to Earnings
Market Capitalization ₹67.29 Cr.

Gulf Lloyds (India) Limited Company Details

Company Profile · Overview

Gulf Lloyds (India) Limited started its business in 2014. The company operates in the Services Sector sector. It manufactures third-party inspection services for the domestic and international market. The team provides auditing testing and certification services to clients. Its main office is in Ahmedabad. The firm employs 715 workers in various departments.

Main Offerings

Pre Shipment Inspection and Marine Inspection
Oil and Gas Industry documents inspection
Cargo Inspection and industrial equipment inspection
Certification and specialized corporate training services

Key Strengths

Wide range of testing and verification services
Large assignment pipeline with broad client base
Fully accredited and widely recognized corporate operations
Qualified management team with continuous training focus
910, Gala Empire, Opp. TV Tower, Drive-in Road, Thaltej Road, Ahmedabad, Gujarat, 380054 You can contact the company via call or email. 079-35289495 / info@gulflloydsgroup.com

Intermediaries
Registrar
Kfin Technologies Ltd
040-79615565
gulf.ipo@kfintech.com
Lead Manager
Interactive Financial Services Ltd.
Market Maker
Prabhat Financial Services Ltd
RESERVATION 91,200 shares (up to [.] Cr)
Promoters
Promoter Group
Bhagirath Bhavsar Anitaben Bhavsar Jaykumar Bhavsar, Shivaniben Bhavsar

Frequently Asked Questions

4 FAQs
What is Gulf Lloyds IPO?

The Gulf Lloyds IPO is a Small and Medium Enterprise (SME) IPO. The company is offering 18,19,200 equity shares (with a face value of ₹10 each), aiming to raise up to ₹18.19 Crores. The company provides third-party inspection and auditing services. They also offer safety certification and technical training across industries.

What are the opening and closing dates for the IPO?
  • Opens on:Monday, July 20, 2026

  • Closes on:Wednesday, July 22, 2026

Who is managing the registration process for this IPO?

Kfin Technologies Limited acts as the official registry partner for this issue. They handle the submission data and future share credits.

What is the face value fixed for each Gulf Lloyds IPO share?

The face value is fixed at ₹10 per equity share. Investors must bid for blocks of 1200 shares.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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