Gulf Lloyds (India) Limited
Bookbuilding IPO · BSE
- Price band
- ₹100 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹18.19 cr
- Total subscription
- 10.9×
- Opens
- 20 Jul 2026
- Closes
- 22 Jul 2026
- Allotment
- 23 Jul 2026
- Listing
- 27 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 18,19,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹18.19 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 49,10,000
- Shares after issue
- 67,29,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,40,000 |
| HNI | 3 | 3,600 | ₹3,60,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 22 Jul 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 0 |
| NIB | 0 | 511 |
| RETAIL | 360 | 6,780 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 0 | 44 |
| HNIs (2-10L) | 240 | 467 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 8.64 | 162.72 |
| NIB | 8.64 | 25.64 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 8.76 | 9.51 | 3.42 |
| ROE | 37.49 | 66.77 | 43.93 |
| ROCE | 24.88 | 39.77 | 23.93 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.41 | 0 | 0 |
| POST IPO(PE) | 15.64 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Gulf Lloyads (India) Limited, incorporated in September 2014 and headquartered in Ahmedabad, Gujarat, provides third-party inspection, auditing, certification, testing, and training services across industries such as oil and gas, power generation, mining, manufacturing, industrial equipment, electrical, automotive, and cargo. Serving both public sector undertakings and private organizations, the company evaluates products, works, and processes for quality, safety compliance, and technical specifications, helping clients enhance compliance, control costs, and improve efficiency. With over a decade of experience, Gulf Lloyads has executed projects in India and internationally, including the USA, UAE, China, and Germany, offering efficient and cost-effective inspection and certification solutions to a broad client base that includes 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, Hindusthan Technologies Pvt. Ltd, and Ratnamani Metals & Tubes Ltd.
Strengths
- Specialized Manufacturing Business: The company operates in manufacturing and supplying industrial and engineering products, catering to multiple sectors.
- Diverse Product Portfolio: Offers a range of products, which reduces dependence on a single segment and helps capture varied customer needs.
- Industry Experience: Promoters and management have experience in manufacturing and industrial supply, supporting operational efficiency.
Risk factors
- Capital-Intensive Operations: Manufacturing requires continuous investment in machinery, raw materials, and operational infrastructure.
- Dependence on Industrial Demand: Revenue is linked to capital expenditure and demand from industrial clients.
- Competitive Market: Faces competition from both domestic and international players in industrial manufacturing.
Promoters
Ykumar Bhavsar
Bhagirath Bhavsar
Anitaben Bhavsar
Registrar & documents
Lead manager
Interactive Financial Services Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
910, Gala Empire, Opp. TV Tower, Drive-in Road, Thaltej Road, Ahmedabad, Gujarat, 380054
079-35289495
[email protected]Company website ↗Understanding GULFLLOYDS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.