
Financial Services · BSE
Gulf Lloyads (India) Limited, incorporated in September 2014 and headquartered in Ahmedabad, Gujarat, provides third-party inspection, auditing, certification, testing, and training services across industries such as oil and gas, power generation, mining, manufacturing, industrial equipment, electrical, automotive, and cargo. Serving both public sector undertakings and private organizations, the company evaluates products, works, and processes for quality, safety compliance, and technical specifications, helping clients enhance compliance, control costs, and improve efficiency. With over a decade of experience, Gulf Lloyads has executed projects in India and internationally, including the USA, UAE, China, and Germany, offering efficient and cost-effective inspection and certification solutions to a broad client base that includes 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, Hindusthan Technologies Pvt. Ltd, and Ratnamani Metals & Tubes Ltd.
Price Band
₹100
Issue Size
₹181.92 L Cr
Lot Size
1200 shares
GMP
+1.0%
Est. Listing
₹101
at current GMP
Subscribed
10.90x
overall
Open
20 Jul 2026
Close
22 Jul 2026
Allotment
23 Jul 2026
Refund
24 Jul 2026
Demat Credit
25 Jul 2026
Listing
27 Jul 2026
Overall Subscription
10.90x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.97x
High Net-Worth
Retail (RII)
18.83x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 864,000 | 2,564,400 | 2.97x |
| RETAIL | 864,000 | 16,272,000 | 18.83x |
| Total | 1,728,000 | 18,836,400 | 10.90x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | — | 0.00x |
| NIB | — | 511 | 0.00x |
| RETAIL | 360 | 6,780 | 18.83x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | — | 44 | 0.00x |
| HNIs (2-10L) | 240 | 467 | 1.95x |
| Total Applications | 600 | 7,802 | 13.00x |
Gulf Lloyds (India) Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹18,19,200 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-25, while un-allotted funds or UPI block mandates will be released on 2026-07-24.
The Gulf Lloyds (India) Limited IPO aggregate issue size is ₹18,19,200 Crores with an equity price band set at ₹100 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-07-23.