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Gulf Lloyds India IPO

Gulf Lloyds (India) Ltd IPO opens July 20, 2026, closes July 22, 2026, and lists on July 27, 2026 on BSE SME. Price band: ₹100 (fixed price), lot size 1200 shares (₹2,40,000 minimum). Latest GMP: +15 as of July 19, 2026, implying an estimated listing around 115 (15.0% above the ₹100 issue price).

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi · Updated July 19, 2026

What is Gulf Lloyds (India) Ltd IPO GMP today?

As of July 19, 2026, the grey market premium (GMP) for Gulf Lloyds India IPO is +15, implying an estimated listing price of 115 — a 15.0% premium to the ₹100 upper price band. GMP is an unofficial grey-market signal, not a SEBI-regulated price, and can move sharply before the July 27, 2026 listing.

Need the exact difference between GMP, Kostak rate, and Subject to Sauda? Read our plain-English IPO grey market guide before using this signal on its own.

GMP Today
+₹15
15.0% above issue price
Expected listing
115
Grey market estimate

Key Dates

IPO Open DateJuly 20, 2026
IPO Close DateJuly 22, 2026
Allotment DateJuly 23, 2026
Refund DateJuly 24, 2026
Demat Credit DateJuly 24, 2026
Listing DateJuly 27, 2026

Issue Details

Price Band₹100 (fixed price)
Issue Price₹100
Face Value₹10
Lot Size1200 shares
Min Investment₹2,40,000
Issue Size₹18.19 crore
Listing ExchangeBSE SME
RegistrarKFin Technologies
IPO TypeSME

stoicHQ Analysis

High profitability — ROE ~37.5% with FY26 PAT of ₹4.3 crore on revenue of ₹35.97 crore
Reasonable pricing at a post-IPO P/E of ~15.6
Entirely fresh issue — proceeds fund office capex and working capital rather than promoter exit
Very small ₹18.19 crore fixed-price issue — thin float and likely low post-listing liquidity
Total borrowings (₹15.68 crore) exceed net worth (₹13.48 crore); part of proceeds repays unsecured loans
GMP quotes are sparse and inconsistent (₹3 to ₹15 within a week) — weak signal

About Gulf Lloyds (India) Ltd

Incorporated in September 2014 and headquartered in Ahmedabad, Gulf Lloyds (India) provides third-party inspection, auditing, certification, testing and training services to public and private sector clients, with international project experience alongside its domestic operations.

What is the Gulf Lloyds (India) Ltd IPO subscription status?

Live subscription figures for Gulf Lloyds India IPO will appear here once bidding opens on July 20, 2026. We update QIB, NII and retail subscription multiples daily through the July 22, 2026 close.

How to apply for Gulf Lloyds India IPO

You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.

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Disclosure: stoicHQ may earn a commission when you open a demat account through links on this page, at no extra cost to you. stoicHQ is not SEBI registered and does not provide investment advice; broker information is factual and for comparison only. Verify current charges on the broker's official site before opening an account.

How to check Gulf Lloyds (India) Ltd IPO allotment status

Gulf Lloyds India IPO allotment is expected on July 23, 2026. To check: open the registrar (KFin Technologies), select “Gulf Lloyds India IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 24, 2026; shares are credited to demat by July 24, 2026.

Check allotment on KFin TechnologiesFull allotment-status guide →

When will Gulf Lloyds (India) Ltd IPO list?

Gulf Lloyds India IPO is scheduled to list on BSE SME on July 27, 2026. Based on the current grey market premium of ₹15, the estimated listing price is around ₹115 (15.0% gain versus the ₹100 upper price band). GMP is unofficial and can move sharply in the final days before listing.

Frequently Asked Questions

What is the Gulf Lloyds (India) Ltd IPO GMP today?
As of July 19, 2026, the grey market premium (GMP) for Gulf Lloyds India IPO is ₹15, implying an estimated listing around ₹115 (15.0% over the ₹100 upper price band). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Gulf Lloyds (India) Ltd IPO subscription status?
Gulf Lloyds India IPO was not yet open for bidding (opens July 20, 2026). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Gulf Lloyds (India) Ltd IPO allotment date and how do I check it?
Gulf Lloyds India IPO allotment is expected on July 23, 2026. Check your allotment on the registrar's site (KFin Technologies, https://ipostatus.kfintech.com/) using your PAN, application number, or DP/Client ID. Refunds begin July 24, 2026 and shares are credited to demat by July 24, 2026.
When is Gulf Lloyds (India) Ltd IPO listing date?
Gulf Lloyds India IPO is scheduled to list on BSE SME on July 27, 2026.
What is the lot size and minimum investment for Gulf Lloyds (India) Ltd IPO?
The lot size is 1200 shares and the minimum retail investment is ₹2,40,000 at the upper price band of ₹100 (fixed price).
Should I apply to the Gulf Lloyds (India) Ltd IPO?
This is not investment advice. Positives: High profitability — ROE ~37.5% with FY26 PAT of ₹4.3 crore on revenue of ₹35.97 crore. Risks: Very small ₹18.19 crore fixed-price issue — thin float and likely low post-listing liquidity. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.

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