Gulf Lloyds (India) IPO

About Gulf Lloyds (India) IPO

The public issue of the Gulf Lloyds (India) IPO, an SME IPO, opens on Jul 20, 2026 and closes on Jul 22, 2026. The allotment of shares will take place on Jul 23, 2026. The credit of shares to the demat account will take place on Jul 24, 2026. The initiation of refunds will take place on Jul 24, 2026. The listing of shares will take place on Jul 27, 2026.

The equity shares of the company are proposed to be listed on the BSE SME platform.

The offer consists of a fresh issue component. The fresh issue will include 17,28,000 shares. The total issue size is 18,19,200 shares (aggregating up to ₹18 Cr), including the market maker reservation of 91,200 shares.

Gulf Lloyds (India) IPO is a Fixed Price IPO priced at ₹100 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,60,000.

Gulf Lloyds (India) operates in the Services Sector, providing third party Inspection, Auditing, Certification, Testing, and Training, services across various industries and regions. As an independent organization, the company operates in accordance with principles of professional ethics, transparency, confidentiality, impartiality, and social accountability.

Objectives of Gulf Lloyds (India) IPO

• Capital expenditure for office premises.
  
• Repayment of unsecured loan.
  
• Working capital requirement.
  
• General corporate purpose.
  

Industry Outlook

The services industry performed strongly in FY26 (April to June 2025), driven by robust export demand and record hiring. In FY25, the sector generated nearly three jobs for every one created in manufacturing, reinforcing its position as the primary driver of employment. It now employs approximately 182 million people, with major contributions from trade, transport, education, finance, and healthcare.

About Gulf Lloyds (India)

Gulf Lloyds (India) provides Third-Party Inspection, Auditing, Testing, Training and Certification services to public sector undertakings as well as private organizations. As an independent organization, the company operates in accordance with principles of professional ethics, transparency, confidentiality, impartiality, and social accountability. It also deploys trained and technically qualified personnel to perform quality inspection, verification and audit services as per client requirements and applicable standards. The company undertakes assignments across multiple sectors, assessing whether the products, works, or processes meet prescribed quality and safety standards, technical specifications, and client requirements. Its services support the organizations of various sizes and industries in maintaining quality and safety compliance, controlling costs, and improving operational efficiency. They have served a diversified customer base across sectors such as infrastructure, oil and gas, engineering, manufacturing, irrigation, energy, and industrial equipment in a cost-effective manner.

Strengths of Gulf Lloyds (India)

• Comprehensive range of services.
• Large assignment pipeline and broad client base across sectors.
• Accredited and recognized operations.
• Strengthening technical expertise through an experienced and qualified team.
• Focus on continuous employee training and skill development.

Risks of Gulf Lloyds (India)

• The company is subject to periodic inspections and ongoing compliance requirements prescribed by NABCB.
• Dependence on third-party NABL accredited laboratories.
• They have executed a banakhat (agreement to sell) for the proposed purchase of office premises as part of their business expansion plan.
• They are required to furnish bank guarantees for certain contracts, and any failure to provide or maintain such guarantees may adversely affect their ability to execute such contracts.
• Their business depends significantly on the accuracy and reliability of inspection and testing results.

Anchor Investor Bidding Date: TBA

Registrar Details
KFIN Technologies Limited
Email: gulf.ipo@kfintech.com
Phone: +91-40-67162222/18003094001

Book Running Lead Manager
Interactive Financial Services Limited

Gulf Lloyds (India) Contact Details
910, Gala Empire, Opp. TV Tower, Drive-in Road, Thaltej Road, Ahmedabad, Gujarat, 380054
Email: info@gulflloydsgroup.com
Phone: 079-35289495

Gulf Lloyds (India) Business Model

The company earns its revenue by providing Third-Party Inspection, Auditing, Testing, Training and Certification services to public sector undertakings as well as private organizations.

Gulf Lloyds (India) Growth Trajectory

Gulf Lloyds (India)’s Total Income for FY25 was ₹35.876 crores, whereas in FY24 and FY23 it was ₹23.508 crores and ₹13.147 crores, respectively.

The Profit After Tax for FY25 was ₹4.668 crores, whereas in FY24 and FY23 it was ₹1.677 crores and ₹1.156 crores, respectively.

Their EBITDA for FY25 was ₹7.664 crores, whereas in FY24 and FY23 it was ₹2.965 crores and ₹1.949 crores, respectively.

Gulf Lloyds (India) Market Position

With over a decade of experience, the company has executed projects in India and internationally, including USA, UAE, Sudan, South Sudan, China, Burundi, Singapore, Germany, UK, England, Panama, Egypt, Muyinga, Jordan etc.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹35.876 crores, ₹4.668 crores, and ₹7.664 crores, respectively.

How to apply for Gulf Lloyds (India) IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.