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Gulf Lloyds (India) SME IPO

Gulf Lloyds (India) IPO — date, price band, lot size & details 2026

Gulf Lloyds (India) listed on 27 Jul 2026 at ₹100, flat to the ₹100 issue price.

Everything you need to know about the Gulf Lloyds (India) IPO. Track the latest updates, GMP trends, and subscription status.

Stock price

Gulf Lloyds (India) is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 23 October.

Key dates Listed
  1. Open 20 Jul 2026
  2. Close 22 Jul 2026
  3. Allotment 23 Jul 2026
  4. Refund/credit TBA
  5. Listing 27 Jul 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 20 to 22 Jul, 2026
Price Band ₹100
Face Value ₹10
Lot Size 1200 Shares
Issue Size ₹18.19 Cr
Sale Type Fresh capital only
Listing On BSE SME
Registrar KFin Technologies Limited
Min Investment ₹ 2,40,000
Reservation
NII 50%
Retail 50%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1200 shares at the ₹100 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
If it lists at today's grey market premium of ₹1
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 2,400 ₹2,40,000
Retail (max) 2 2,400 ₹2,40,000
HNI (min) 3 3,600 ₹3,60,000

The numbers

All figures in ₹ crore, as reported in the Gulf Lloyds (India) offer document.

Total income
35.97
36
31 Mar 2026
Profit after tax
4.30
4
31 Mar 2026
EBITDA
7.90
8
31 Mar 2026
Borrowing vs net worth
15.68 / 13.48
31 Mar 2026
Borrowing Net worth
Metric 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

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Gulf Lloyds (India) RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
15.64
EPS (₹)
6.39
RoCE
24.88%
RoNW
31.92%

Gulf Lloyds (India) IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹6.39
P/E Ratio (x) 15.64
Market Cap at Offer Price (₹ Cr) ₹67.29

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹100 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹14.16 Cr of the issue is earmarked to named objects.

Capital Expenditure for Office premises ₹4.01 Cr
Repayment of unsecured loans ₹3.00 Cr
Working Capital requirement ₹7.15 Cr
General corporate purposes Not stated

About the company

No company details available yet.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Jaykumar Bhavsar, Bhagirath Bhavsar, Anitaben Bhavsar and Shivaniben Bhavsar
Promoter holding
99.94% → 72.92%
Pre-issue → post-issue
Registered office
910, Gala Empire, Opp. TV Tower, Drive-in Road, Thaltej Road, Ahmedabad, Gujarat, 380054
079-35289495

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Interactive Financial Services Ltd. View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Interactive Financial Services Ltd.

4 issues handled (1 mainboard, 3 SME)
Listed in Profit 0% 0 of 3 listed
Avg Listing Gain -17.2% across 3 issues
Listed Below Issue 3 of 3 listed

Best listing: Aritas Vinyl (0.0%). Weakest: Shree Ram Twistex (-34.6%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Gulf Lloyds (India)
Email

Frequently asked

What is the GMP of Gulf Lloyds (India)?

The current Grey Market Premium is ₹1, or 1.0% over the issue price.

What is the Gulf Lloyds (India) IPO price band?

₹100, on a face value of ₹10.

When is the allotment?

The basis of allotment is 23 July 2026, with listing on 27 July 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.

Gulf Lloyds (India) IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹1
Subscribed
10.9×
Min bid
₹2,40,000
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