Fixed Price IPO | ₹18 Cr | Listing at BSE SME | Mon, Jul 20, 2026 - Wed, Jul 22, 2026
Gulf Lloyds IPO is a fixed issue price of ₹18.19 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹18.19 crore.
Gulf Lloyds IPO opens for subscription on Jul 20, 2026 and closes on Jul 22, 2026. The allotment for the Gulf Lloyds IPO is expected to be finalized on Jul 23, 2026. Gulf Lloyds IPO will list on the BSE SME with a tentative listing date fixed as Jul 27, 2026.
Gulf Lloyds IPO is set final issue price at ₹100 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,60,000.
Interactive Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd.
Refer to Gulf Lloyds IPO DRHP for detailed Information.
IPO Open
Mon, Jul 20, 2026
IPO Close
Wed, Jul 22, 2026
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹67.29 Cr
| IPO Date | 20 to 22 Jul, 2026 |
| Listing Date | Mon, Jul 27, 2026T |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,19,200 shares (agg. up to ₹18 Cr) |
| Reserved for Market Maker | 91,200 shares Prabhat Financial Services Ltd. (agg. up to ₹0.9120 Cr) |
| Fresh Issue (Ex Market Maker) | 17,28,000 shares (agg. up to ₹17 Cr) |
| Net Offered to Public | 17,28,000 shares (agg. up to ₹17 Cr) |
| Share Holding Pre Issue | 49,10,000 shares |
| Share Holding Post Issue | 67,29,200 shares |
Gulf Lloyds IPO comprises a total issue size of 18,19,200 shares. The net offer to the public is 17,28,000 shares, after excluding 91,200 shares allotted on a firm basis. Of the Net offer 8,64,000 (50.00%) allocated to NII 8,64,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,64,000 | 50.00% | 47.49% |
| Retail Shares Offered | 8,64,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 91,200 | 5.01% | |
| Total Shares Offered | 18,19,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,40,000 |
| HNI (Min) | 3 | 3,600 | ₹3,60,000 |
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 :
Competitive Strength:
| Period Ended | 31 Mar 2026 |
|---|---|
| Assets | 35.29 |
| Total Income | 35.97 |
| Profit After Tax | 4.30 |
| EBITDA | 7.90 |
| NET Worth | 13.48 |
| Reserves and Surplus | 8.71 |
| Total Borrowing | 15.68 |
| Amount in ₹ Crore | |
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| OnEMI Technology Solutions Ltd. | Mainboard | ₹925.92 Cr | ₹171 | 12.65 | ₹208.63 | +22.01% | ₹321.15 (+0.16%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Office premises | 4.01 |
| 2 | Repayment of unsecured loans | 3.00 |
| 3 | Working Capital requirement | 7.15 |
| 4 | General corporate purposes | |
| Total | 14.16 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 37.49% |
| ROCE | 24.88% |
| Debt/Equity | 1.15 |
| RoNW | 31.92% |
| EBITDA Margin | 21.97% |
| Price to Book Value | 3.64 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.76 | 6.39 |
| P/E (x) | 11.41 | 15.64 |
| Promoter Holding | 99.94% | 72.92% |
| Market Cap | ₹67.29 Cr. |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|
| Assets | 23.51 | 15.88 | |
| Total Income | 35.88 | 23.51 | |
| Profit After Tax | 4.67 | 1.68 | |
| EBITDA | 7.66 | 2.97 | |
| NET Worth | 9.33 | 4.66 | |
| Reserves and Surplus | 9.32 | 4.65 | |
| Total Borrowing | 8.94 | 6.94 | |
| Amount in ₹ Crore | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees including Underwriting Commission | 0.90 |
| 2 | Brokerage, selling commission and Marketing | 0.03 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | egal Advisors | 0.01 |
| 5 | Advertising and marketing expenses | 0.91 |
| 6 | Regulators including stock exchanges | 0.10 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Market Making fees | 0.03 |
| Total | 2.00 |
Lead Manager Reports
Gulf Lloyds IPO is a SME IPO of 18,19,200 equity shares of the face value of ₹10 aggregating up to ₹18 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Jul 20, 2026, and closes on Wed, Jul 22, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Gulf Lloyds IPO using UPI as a payment gateway. Zerodha customers can apply in Gulf Lloyds IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gulf Lloyds IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gulf Lloyds IPO opens on Mon, Jul 20, 2026 and closes on Wed, Jul 22, 2026.
Gulf Lloyds IPO lot size is 1200, and the minimum amount required for application is ₹2,40,000, with 2 lots being the minimum application size.
You can apply in Gulf Lloyds IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Gulf Lloyds IPO will be done on Thursday, July 23, 2026, and the allotted shares will be credited to your demat account by Fri, Jul 24, 2026. Check the Gulf Lloyds IPO allotment status.
The Gulf Lloyds IPO listing date is not yet announced. The tentative date of listing is Mon, Jul 27, 2026.
