Gulf Lloyds (India) IPO
Price band
–
Lot size
1200 shares
Issue size
₹18.19 Cr
IPO schedule
| Open date | 20 Jul 2026 |
| Close date | 22 Jul 2026 |
| UPI mandate cut-off | 22 Jul 2026 |
| Allotment finalisation | 23 Jul 2026 |
| Refund initiation | 24 Jul 2026 |
| Shares credited to demat | 24 Jul 2026 |
| Listing date | 27 Jul 2026 |
| Mandate end date | 6 Aug 2026 |
| Anchor lock-in (50%) | 21 Aug 2026 |
| Anchor lock-in (remaining) | 20 Oct 2026 |
Issue size
About Gulf Lloyds (India)
Gulf Lloyds (India) Limited operates in the services sector, providing third-party inspection, verification, auditing, testing, training and certification services to public sector undertakings as well as private organisations across multiple industries. The company deploys trained and technically qualified personnel to carry out inspection, verification and audit assignments in accordance with client requirements and applicable standards. Its services support quality assurance, regulatory compliance and operational requirements across different sectors. The company generates revenue primarily from inspection and other related service assignments, with domestic operations contributing the majority of its income, while it also undertakes select international assignments. Gulf Lloyds follows a service-led business model focused on technical expertise and compliance with recognised inspection and certification standards. Its operations are supported by qualified professionals, established quality systems and inspection procedures designed to meet industry and regulatory requirements.
Strengths
- Offers a comprehensive range of inspection, auditing, testing, training and certification services.
- Has a large assignment pipeline and serves clients across multiple industry sectors.
- Operates with accredited and recognised quality and compliance processes.
- Supported by an experienced, technically qualified team for inspection and audit services.
- Focuses on continuous employee training and skill development to maintain service quality.
Risks
- Revenue depends on a limited number of customers, and losing key clients could impact the business.
- The company relies on a third-party NABL-accredited laboratory for certain testing services.
- Errors or deficiencies in inspection and testing reports could damage reputation and lead to liabilities.
- The business is subject to NABCB inspections and changing accreditation requirements that could affect operations.
- A significant share of revenue comes from Gujarat, making the business sensitive to adverse developments in the state.
Use of proceeds
| Repayment of borrowings | ₹3 (16.49%) Cr |
| Working capital | ₹7.15 (39.31%) Cr |
| General corporate purposes | ₹4.03 (22.15%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.