MainboardGMP
LIVE
LIVE GMP
MakeMyTrip (India) Ltd₹0·Sagar Defence Engineering Ltd₹0·Encube Ethicals Ltd₹0·Arjun Jewellers Ltd₹0·Atomberg Technologies Ltd₹0·GNI Infrastructure Ltd₹0·Punjab Carbonic Ltd₹0·Ratnadeep Retail Ltd.₹0·IFL Finance Ltd.₹0·J Pan Tubular Components Ltd₹0·MakeMyTrip (India) Ltd₹0·Sagar Defence Engineering Ltd₹0·Encube Ethicals Ltd₹0·Arjun Jewellers Ltd₹0·Atomberg Technologies Ltd₹0·GNI Infrastructure Ltd₹0·Punjab Carbonic Ltd₹0·Ratnadeep Retail Ltd.₹0·IFL Finance Ltd.₹0·J Pan Tubular Components Ltd₹0·
Home › IPOs › Gulf Lloyds (India) Ltd
GU
Gulf Lloyds (India) Ltd
CLOSED BSE SME Fixed Price IPO Fresh capital only Gulf Lloyds (India) IPO GMP
GREY MARKET PREMIUM
₹ + 6
+6% expected return
EST. LISTING PRICE
₹106
Issue Price: ₹ 100
Issue Price
₹100
Face Value
₹10
Lot Size
1,200 shares
Open Date
20 Jul 2026
Close Date
22 Jul 2026
Allotment
23 Jul 2026
Listing Date
27 Jul 2026
Exchange
BSE SME
Gulf Lloyds (India) IPO 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:

  1. The Company provides a wide range of services, including inspection, verification, auditing, testing, training, and certification across various industries.
  2. Large Assignment Pipeline and Broad Client Base Across Sectors.
  3. Accredited and Recognized Operations.
  4. Strengthening Technical Expertise through an Experienced and Qualified Team.
  5. Focus on Continuous Employee Training and Skill Developmen.
  6. Quality and Compliance-Driven Processes.
  7. The Company manages its operations across several regions in India, with its head office based in Ahmedabad.
...read more
Gulf Lloyds (India) IPO Objects of the Issue
Purpose Amount (₹ Cr)
Capital Expenditure for Office premises ₹4
Repayment of unsecured loans ₹3
Working Capital requirement ₹7
General corporate purposes —
Gulf Lloyds (India) IPO Lead Managers
Interactive Financial Services Ltd
Financial Summary Amount in ₹ Crore
Metric 31 Mar 2026
Total Assets 35 — —
Revenue 36 — —
PAT 4 — —
EBITDA 8 — —
Net Worth 13 — —
Reserves 9 — —
Total Borrowing 16 — —
Gulf Lloyds (India) IPO Key Financial Ratios
ROE
37
ROCE
25
RONW
32
EBITDA Margin
22
Debt/Equity
1
P/BV
4
Issue Details
Total Shares Offered
1,728,000
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹17 Cr
Pre-Issue Shareholding
4,910,000 shares
Post-Issue Shareholding
6,729,200 shares
IPO Analytics Dashboard
LIVE
Gulf Lloyds (India) IPO GMP Insights
📊
Valuation
Good
Gulf Lloyds (India) IPO GMP Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Gulf Lloyds (India) IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI 2.86 864,000 2,473,200
👤 Retail (RII) 18.83 864,000 16,272,000
📊 Market Maker — 91,200 —
Σ Total 10.85 1,728,000 18,745,200

* Amount calculated at upper price band (₹100) ·  ** Total includes all investor categories

Gulf Lloyds (India) IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 2,400
Min. Investment ₹240,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 3,600
Min. Investment ₹360,000
Gulf Lloyds (India) IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 9
Post-Issue EPS ?
₹ 6
Pre-Issue P/E ?
11 x
Post-Issue P/E ?
16 x
Gulf Lloyds (India) IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 24 Jul 2026
  2. 2 📂 Credit of Shares to Demat 24 Jul 2026
Investor Interpretation
  • The IPO P/E of 16x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹9 compares to post-issue EPS of ₹6 after dilution.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 100  ·  Symbol: —
H —
L —
O —
Gulf Lloyds (India) IPO Company Info
📍 910, Gala Empire Opp. TV Tower, Drive-in Road Thaltej Road Ahmedabad, Gujarat, 380054
Visit Website
Gulf Lloyds (India) IPO Registrar
Kfin Technologies Ltd
Check Allotment Status
Gulf Lloyds (India) IPO FAQs
Gulf Lloyds (India) IPO has already listed. Its last recorded GMP was ₹6. GMP is only indicative and never a guarantee of listing gains.
The issue price of Gulf Lloyds (India) IPO is ₹100 per share. One lot has 1,200 shares, so the minimum investment is about ₹120,000. It is a Fresh capital only issue.
Gulf Lloyds (India) IPO opened on 20 Jul 2026 and closed on 22 Jul 2026. Allotment is tentatively finalised on 23 Jul 2026. Shares are listed on BSE SME on 27 Jul 2026.
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.
As per the offer document, Gulf Lloyds (India) plans to use the IPO proceeds for: Capital Expenditure for Office premises (₹4); Repayment of unsecured loans (₹3); Working Capital requirement (₹7); General corporate purposes.
The lead manager of Gulf Lloyds (India) IPO is Interactive Financial Services Ltd.
Gulf Lloyds (India) IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh capital only.
Disclaimer

The information on mainboardgmp.com is provided for educational and informational purposes only.

We are not a Securities and Exchange Board of India (SEBI)-registered investment advisor, analyst, broker, or financial planner. The content, data, and insights on this website, including Grey Market Premium (GMP), subscription data, IPO dates, and market information, are not intended as financial advice or recommendations to buy, sell, or hold securities.

GMP and related IPO data are collected from unofficial market sources and may not reflect actual IPO listing performance or future price movements. You should not rely solely on the information provided here to make financial or investment decisions.

Investing in IPOs and securities involves risk. Always conduct your own research and consult a qualified SEBI-registered financial advisor before making investment decisions. mainboardgmp.com and its owners shall not be liable for any financial losses, trading losses, or damages arising from use of this website.

By using this website, you acknowledge and agree that you use the content at your own risk.