Issue Price
₹100
Per Share
GMP
+₹6
+6% Grey Market
Est. Listing
₹106
Expected Price
Min. Application
₹240,000
2 lots × 1200 shares
Incorporated in September 2014, Gulf Lloyads (India) Limited operates in the Services Sector, providing third-party inspection, Auditing, Certification, Testing, and Training services across various industries and regions.The company provides Third-Party Inspection, Auditing, Testing, Training and Certification services to public sector undertakings as well as organisations.The Company evaluates products, works, and processes for quality and safety compliance, technical specifications, and client needs. Its services help organizations of all sizes enhance compliance, control costs, and improve efficiency.The Company's registered office is in Ahmedabad, Gujarat, India. With over a decade of experience, it has executed projects in India and internationally, including the USA, UAE, China, Germany, and more.The company provides a range of customer-focused certification and inspection services that are efficient and cost-effective.The company's customers include 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, IOAGPL, Hindusthan Technologies Pvt. Ltd, Nabros Transport Pvt Ltd, Corrtech International Ltd, John Energy Ltd, Chicago Pneumatic Compressors, Haryana City Gas, CZAR Metric System Pvt Ltd, TLT Engineering India Pvt Ltd, Parixit Irrigation Ltd, Rajendra Piping & Fittings, Swati Switchgears Pvt. Ltd., Tatsuno India Pvt Ltd, Gelbarco Veedar Root, Ratnamani Metals & Tubes Ltd, Rungta Irrigation Ltd, and Therm Transfer Equipment Pvt Ltd.As of May 31, 2026, the company employed 715 personnel, including regular employees, contract staff, and consultants, across management, project management, engineering, finance, HR, audit, marketing, and operational functions.The Company provides a range of third-party inspection services, such as :Pre Shipment InspectionMarine InspectionOil Industry inspectionGas Industry documents inspectionPower generation,Mining,Manufacturing industryIndustrial Equipment industryCargo Inspection;Electrical industry;Automotive industryCompetitive Strength:The Company provides a wide range of services, including inspection, verification, auditing, testing, training, and certification across various industries.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 Developmen.Quality and Compliance-Driven Processes.The Company manages its operations across several regions in India, with its head office based in Ahmedabad.
Gulf Lloyds (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| NII / HNI | 864,000 | — | ₹8.64 Cr | 2.86x |
| Retail (RII) | 864,000 | — | ₹8.64 Cr | 18.83x |
| Market Maker | 91,200 | — | ₹0.91 Cr | — |
| TOTAL | 1,728,000 | 100.00% | ₹17.28 Cr | 10.85x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| sNII (Min) | 14 | 16,800 | ₹1,680,000 |
| bNII (Min) | 68 | 81,600 | ₹8,160,000 |
| Particulars | 31 Mar 2026 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 35.97 | N/A | N/A |
| EBITDA | 7.90 | N/A | N/A |
| Profit After Tax (PAT) | 4.30 | N/A | N/A |
| Net Worth | 13.48 | N/A | N/A |
| Total Assets | 35.29 | N/A | N/A |
| Reserves & Surplus | 8.71 | N/A | N/A |
| Total Borrowings | 15.68 | N/A | N/A |