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Gulf Lloyds IPO

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.

IPO GMP

+₹1

+1% expected gain

Price Band

₹100 - ₹100

Lot Size

2400 shares

Min Investment

₹2,40,000

Listing Date

July 27, 2026

About Gulf Lloyds

Company overview, business, and key facts.

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.

Founded

2014

Headquarters

Ahmedabad, Gujarat

Promoters

Bhagirath Bhavsar, Anitaben Bhavsar, Jaykumar Bhavsar, Shivaniben Bhavsar

Website

https://www.gulflloydsgroup.com/

IPO Details

Issue TypeFixed Price Issue
Face Value₹10
Price Band₹100 - ₹100
Lot Size2400 shares
Total Issue Size₹18.19 Cr
Fresh Issue₹18.19 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)—
Non-Institutional (NII)2.86x
Retail Individual (RII)18.83x
Total Subscription10.85x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2026₹35.97₹4.30₹35.29

    Figures are indicative and restated for presentation.

    Gulf Lloyds IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Profit margin (PAT)

    12%

    EBITDA margin 21.97%

    ROE / ROCE

    37.49% / 24.88%

    As published in the offer document

    Debt to equity

    1.15

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹2,400

    2400 shares on ₹2,40,000. GMP is unofficial.

    Watch-outs

    • Leverage: debt to equity is 1.15.
    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹101.00+1%
    If the grey market premium disappears₹100.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: post-IPO share count (market cap and P/E not computable), listed peer comparison, published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Gulf Lloyds's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Gulf Lloyds IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Gulf Lloyds IPO is trading at a grey market premium (GMP) of +₹1 (+1% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 10.85x overall — QIB: —, NII: 2.86x, Retail: 18.83x.

    Gulf Lloyds IPO subscription has closed. The shares are expected to list on July 27, 2026.

    The minimum investment required is ₹2,40,000 for 2400 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Gulf Lloyds IPO — Frequently Asked Questions

    What is Gulf Lloyds IPO GMP today?

    Gulf Lloyds IPO GMP (grey market premium) today is +₹1, suggesting an estimated listing gain of +1%. GMP is indicative and subject to change.

    What is the price band of Gulf Lloyds IPO?

    The price band for Gulf Lloyds IPO is ₹100 - ₹100 with a lot size of 2400 shares. The minimum investment required is ₹2,40,000.

    When is Gulf Lloyds IPO allotment date?

    Gulf Lloyds IPO allotment is expected to be finalised on July 23, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

    When will Gulf Lloyds IPO list on NSE/BSE?

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

    How to check Gulf Lloyds IPO allotment status?

    To check Gulf Lloyds IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Gulf Lloyds IPO?

    Gulf Lloyds IPO has a GMP of +₹1. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Gulf Lloyds IPO?

    The lot size for Gulf Lloyds IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,40,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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