The ₹18.19 crore IPO of Gulf Lloyds (India) Ltd. closed on Jul 22, 2026, booked 10.85 times subscription on the last day. The company has received bids for 1.87 crore shares against the 0.17 crore shares offered.
Gulf Lloyds IPO Subscription Status
The Retail Individual Investors category subscribed 18.83 times, attracting bids for 1,62,72,000 shares against the 8,64,000 shares offered, while Non-Institutional Investors (NIIs) subscribed 2.86 times with bids received for 24,73,200 shares against 8,64,000 shares available.
No reservation was allocated for Qualified Institutional Buyers (QIBs).
About The IPO
The issue comprised entirely of Fresh Issue of 18,19,200 shares valued at ₹18.19 crore.
The allotment is likely to be finalized on Jul 23, 2026 and the shares are proposed to be listed on the BSE SME with tentative listing date on Jul 27, 2026.
The issue is managed by Interactive Financial Services Ltd., serving as the Book-Running Lead Manager, and Kfin Technologies Ltd., acting as the Registrar for the offering.
