Gulf Lloyds IPO: dates, price band, lot size and GMP
Gulf Lloyds IPO listed on 27 Jul at ₹100 (BSE SME). Issue dates 20 – 22 Jul 2026, price band ₹100, lot 1,200 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Gulf Lloyds listed on 27 Jul 2026 on BSE SME at ₹100, ₹0 (0.0%) against the ₹100 upper band. Gulf Lloyds IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Gulf Lloyds IPO has a price band of ₹100, a lot of 1,200 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 20 – 22 Jul 2026 |
| Price band | ₹100 |
| Lot size | 1,200 shares |
| Issue size | ₹18.19 Cr |
| Fresh issue | ₹17.28 Cr |
| Subscription | 10.85x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Interactive Financial Services Ltd. |
| Status | Listed |
Timeline
- Issue opens: 20 Jul
- Issue closes: 22 Jul
- Allotment: 23 Jul
- Refunds: 24 Jul
- Demat credit: 24 Jul
- Listing: 27 Jul
Live subscription
| Category | Subscribed |
|---|---|
| NII | 2.86x |
| Retail | 18.83x |
| Total | 10.85x |
Last updated 22 Jul 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Fixed Price Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹67.29 Cr |
| P/E (pre-issue) | 11.41x |
| P/E (post-issue) | 15.64x |
| Fresh issue (shares) | 17,28,000 |
| Total shares offered | 17,28,000 |
| Promoter holding pre-issue | 99.94% |
| Promoter holding post-issue | 72.92% |
| Promoters | Jaykumar Bhavsar, Bhagirath Bhavsar, Anitaben Bhavsar, Shivaniben Bhavsar |
| Lead managers | Interactive Financial Services Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | gulf.ipo@kfintech.com |
| Company website | gulflloydsgroup.com |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 1,200 | ₹2,40,000 |
| Retail (maximum) | 2 | 2,400 | ₹2,40,000 |
| sNII (minimum) | 3 | 3,600 | ₹2,40,000 |
| bNII (minimum) | 3 | 3,600 | ₹10,80,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| NII (HNI) | 50% | 8,64,000 | Not more than 50% of the Net Issue |
| Retail | 50% | 8,64,000 | Not more than 50% of the Net Issue |
| Market Maker | 5.3% | 91,200 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 22 Jul | — | 2.86x | — | — | 18.83x | 10.85x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹8.76 |
|---|---|
| EPS (post-issue) | ₹6.39 |
| P/E (pre-issue) | 11.41x |
| P/E (post-issue) | 15.64x |
| RoNW | 31.92% |
| RoCE | 24.88% |
| RoE | 37.49% |
| EBITDA margin | 21.97% |
| Price / book | 3.64x |
| NAV per share | ₹27.46 |
| Debt / equity | 1.15 |
| Market cap (upper band) | ₹67.29 Cr |
Financials (₹ Cr)
| Metric | FY26 | Change |
|---|---|---|
| Assets | 35.29 | — |
| Total Income | 35.97 | — |
| Profit After Tax | 4.3 | — |
| EBITDA | 7.9 | — |
| NET Worth | 13.48 | — |
| Reserves and Surplus | 8.71 | — |
| Total Borrowing | 15.68 | — |
About Gulf Lloyds
Gulf Lloyads (India) Limited is a service-based company engaged in delivering third-party inspection, auditing, certification, testing, and training solutions to clients across multiple industries. The company serves both public sector enterprises and private organizations by helping them meet quality, safety, and regulatory standards. Its core services involve evaluating products, industrial processes, projects, and operational systems to ensure compliance with technical specifications, industry regulations, and customer requirements.
Through these services, the company enables businesses to improve operational efficiency, strengthen quality control, reduce costs, and maintain regulatory compliance. Headquartered in Ahmedabad, Gujarat, Gulf Lloyads has more than a decade of industry experience. Over the years, it has successfully completed assignments across India as well as in international markets such as the United States, the United Arab Emirates, China, Germany, and several other countries. The company offers cost-effective and customer-oriented inspection and certification solutions tailored to the requirements of diverse industries. Its client portfolio includes organizations such as 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., Gilbarco Veeder-Root, Ratnamani Metals & Tubes Ltd., Rungta Irrigation Ltd., and Therm Transfer Equipment Pvt. Ltd.
As of May 31, 2026, the company had a workforce of 715 employees, comprising permanent staff, contract personnel, and consultants. These professionals are deployed across key functions including management, engineering, project execution, finance, human resources, auditing, marketing, and operations.
Objects of the issue
- Capital Expenditure for Office premises — ₹4.01 Cr
- Repayment of unsecured loans — ₹3 Cr
- Working Capital requirement — ₹7.15 Cr
- General corporate purposes
Net proceeds: ₹14.16 Cr
Offer documents: DRHP (PDF)
Frequently asked questions
When does the Gulf Lloyds IPO open and close?
The issue is scheduled for 20 – 22 Jul 2026.
What is the Gulf Lloyds IPO price band?
The price band is ₹100 per share with a lot size of 1,200 shares.
How big is the Gulf Lloyds IPO?
The total issue size is ₹18.19 Cr.
When will Gulf Lloyds list?
The tentative listing date is 27 Jul on the SME platform.
How do I apply for the Gulf Lloyds IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Gulf Lloyds · as filed with SEBI · bsesme.com
- Registrar allotment page, Kfin Technologies Ltd. · allotment 23 Jul · ipostatus.kfintech.com
- BSE SME issues page · listing 27 Jul · bsesme.com
- Gulf Lloyds company website · gulflloydsgroup.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 28 Jul, 06:00 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Gulf Lloyds IPO”, https://buyunlistedshares.com/ipo/gulf-lloyds-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
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