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GULF · BSE · Financial Services
Gulf Lloyds (India) IPO listed on 27 Jul 2026 on BSE at ₹100.00, a gain of 0.00% over the issue price of ₹100.00. The IPO was subscribed 13.51x overall.
Gulf Lloyds (India) IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 20 Jul 2026 |
| IPO Close Date | 22 Jul 2026 |
| Basis of Allotment | 23 Jul 2026 |
| Initiation of Refunds | 24 Jul 2026 |
| Credit of Shares to Demat | 24 Jul 2026 |
| Listing Date | 27 Jul 2026 |
Listing day gain
+0%
Listed at ₹100 (issue ₹100)
Issue
₹100
Listing
₹100
Current
₹95
-5% vs issue
Day range
₹95 – ₹100
Issue Size
1,819,200 shares
(aggregating up to ₹18.19 Cr)
Issue Price
₹100 – ₹100
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹240,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
1,728,000 shares
(aggregating up to ₹17.28 Cr)
Offer for Sale
[.]
Reserved for Market Maker
91,200 shares
(aggregating up to ₹0.91 Cr)
Issue Type
fixed price
Open Date
20 Jul
Close Date
22 Jul
Allotment
23 Jul
Listing
27 Jul
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 26 Jul 2026 Latest | ₹100 | ₹1 | ₹101 | ₹1 |
1%
|
9:48 PM |
| 26 Jul 2026 | ₹100 | ₹1 | ₹101 | ₹1 |
1%
|
8:17 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 22 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 2.86x | - |
| Individual Investors | 18.83x | - |
| Total | 13.51x | - |
Showing the latest subscription snapshot.
View full subscription historyThe promoters of the company are ykumar Bhavsar, Bhagirath Bhavsar, and Anitaben Bhavsar.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹240,000 |
| Retail (Max) | 2 | 2,400 | ₹240,000 |
| S-HNI (Min) | 3 | 3,600 | ₹360,000 |
| S-HNI (Max) | 8 | 9,600 | ₹960,000 |
| B-HNI (Min) | 9 | 10,800 | ₹1,080,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 864,000 (47.49%) |
| Individual Investors Shares Offered | 864,000 (47.49%) |
| Market Maker Shares Offered | 91,200 (5.02%) |
| Total Shares Offered | 1,819,200 (100.00%) |
Incorporated in September 2014, Ahmedabad-headquartered Gulf Lloyds (India) Limited (GLIL) has established itself as an elite, independent powerhouse in the technical inspection and conformity assessment sector. The company recently transitioned into a public limited entity to back its ambitious domestic expansion and clear its regulatory pathway for an initial public offering on the BSE SME platform.
GLIL addresses critical risk-management needs for heavy industry, public sector undertakings, and private enterprises alike. The firm provides comprehensive, end-to-end Third-Party Inspection (TPI), auditing, technical testing, certification, and specialized industrial training solutions. Rather than handling standard corporate consulting, Gulf Lloyds works directly on high-stakes infrastructure, verifying structural integrity and safety standards across oil & gas distribution, marine cargo, renewable energy grids, and large-scale manufacturing pipelines. Backed by prestigious QCI-NABCB accreditations, their highly trained engineering teams ensure that industrial components strictly meet rigorous national and international quality parameters.
Financially robust, the company has witnessed an aggressive growth trajectory, with its total income scaling dynamically over the last three fiscal cycles. By offering localized technical speed that bypasses rigid, traditional European testing agencies, Gulf Lloyds balances strict operational safety with highly efficient cross-border execution. As the enterprise enters the public markets to fund advanced new office spaces and optimize working capital, it stands out as an innovation-first utility player perfectly positioned to safeguard India’s heavy engineering footprint.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 23.51 | 35.88 | 35.97 |
| Profit After Tax (PAT) | 1.68 | 4.67 | 4.3 |
| EBITDA | 2.97 | 7.66 | 7.9 |
| Total Assets | 15.88 | 23.51 | 35.29 |
| Net Worth | 4.66 | 9.33 | 13.48 |
| Reserves & Surplus | 4.65 | 9.32 | 8.71 |
| Total Borrowing | 6.94 | 8.94 | 15.68 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 37.49% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 24.88% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 31.92% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 21.97% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 1.15x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹8.76 | ₹6.39 |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹49 Cr | ₹67 Cr |
The basis of allotment for Gulf Lloyds (India) IPO was finalised on 23 Jul 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Gulf Lloyds (India) IPO is expected to open in Jul 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Gulf Lloyds (India) IPO is ₹100.00 - ₹100.00 per share.
As per market sources, Gulf Lloyds (India) IPO GMP is currently ₹1.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Gulf Lloyds (India) IPO stands at 13.51x overall.
The listing date for Gulf Lloyds (India) IPO is 27 Jul 2026.
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