Gulf Lloyds (India)
OPENIPO Date: 20 Jul - 22 Jul 2026
Listing Date: 27 Jul 2026
Price Range
₹100 per share
Issue Size
18 Cr
Min Investment
₹1,20,000
Lot Size
1200 Shares
Schedule of Gulf Lloyds (India)
Issue open date
20 Jul 2026
Issue close date
22 Jul 2026
UPI mandate deadline
22 Jul 2026 (5 PM)
Allotment finalization
23 Jul 2026
Share credit
24 Jul 2026
Listing date
27 Jul 2026
Mandate end date
6 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 18 Cr |
| Fresh Issue | 0.18 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 23 Jul 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 20 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (10%) |
| 19 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (25%) |
| 18 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (15%) |
| 17 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (15%) |
| 16 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (8%) |
| 15 Jul 2026 | ₹NaN | ₹NaN | ₹NaN (6%) |
Performance Gulf Lloyds (India)
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹100 per share | .... | .... | .... |
About Gulf Lloyds (India)
Gulf Lloyds (India) Limited is an assurance and technical services company engaged in providing third-party inspection, verification, auditing, testing, training, and certification services across industries such as oil & gas, infrastructure, power, manufacturing, and public utilities. The company supports clients in maintaining quality, safety, and regulatory compliance through independent inspection and conformity assessment services. It generates the majority of its revenue from domestic inspection and certification assignments, while also undertaking selected international projects. Its service-led business model is backed by qualified technical professionals, accredited quality systems, and standardized inspection procedures.
| Founded in | 2014 |
| Managing director | Jaykumar Bhagirathkumar Bhavsar |
| Parent organization |
Financial Overview
Strengths
- Strong expertise in third-party inspection, testing, auditing, and certification across multiple industries.
- Serves both government/public sector undertakings and private sector clients, providing a diversified customer base.
- Accredited quality management systems and technically qualified workforce enhance service credibility and compliance capabilities.
- Asset-light, service-oriented business model with opportunities to expand into international inspection and certification markets.
Risks
- Revenue is project-based, making earnings dependent on the timely award and execution of inspection contracts.
- Business is subject to stringent regulatory and accreditation requirements; non-compliance could impact operations.
- Faces intense competition from established domestic and global testing, inspection, and certification (TIC) companies.
- Demand is influenced by capital expenditure and industrial activity in sectors such as oil & gas, infrastructure, and manufacturing.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.16 |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | 8.19 |
| Employee | N/A |
| Total | 4.67 |