Minerva Capital Research Solutions

Gulf Lloyds (India)

ListedListed 27 Jul 2026BSE SMENSE: GULFLLOYDSCheck allotment
Current price₹ 30.95−69.05% since issue
Listing day0%
Issue price
₹ 100
Issue size
₹ 18.19 Cr.
Min. investment
₹ 1,20,000
Listing price
₹ 100
Subscribed
10.9x
Lot size
1,200 shares
P/E
15.64
RoNW
31.92%
RoCE
24.88%
EPS
₹ 6.39
Promoter stake
72.92%

Timeline

  1. Opens
    20 Jul
    done
  2. Closes
    22 Jul
    done
  3. Allotment
    23 Jul
    done
  4. Listing
    27 Jul
    done

Grey market premium (GMP)

GMP is an unofficial premium from the unregulated grey market. It is not published, verified or regulated by SEBI, NSE or BSE, grey market deals are not legally enforceable, and it is not a reliable indicator of the listing price. Do not apply for an IPO on the basis of GMP. It is not a recommendation of Minerva Capital Research Solutions.

Highest
₹ 25 on 19 Jul 2026
Lowest
₹ 1 on 22 Jul 2026
First quoted
₹ 3 on 14 Jul 2026

Subscription

How many times each investor group bid for its share, as of 22 Jul 2026, 05:10 PM IST.

How much to apply for

The smallest and largest bids for each kind of investor at the upper price band.

Lots and amounts by investor type
Retail (Min)11,200₹ 1,20,000
Retail (Max)11,200₹ 1,20,000
HNI (Min)22,400₹ 2,40,000

Company overview

Financials

Financials by year
Assets35.29
Total Income35.97
Profit After Tax4.3
EBITDA7.9
NET Worth13.48
Reserves and Surplus8.71
Total Borrowing15.68

What the money is for

Objects of the issue
Capital Expenditure for Office premises4.01
Repayment of unsecured loans3
Working Capital requirement7.15
General corporate purposes—

Promoters

  • Jaykumar Bhavsar
  • Bhagirath Bhavsar
  • Anitaben Bhavsar
  • Shivaniben Bhavsar
Promoter holding99.94%→72.92%before → after the issue · down 27.02 points

Registrar, lead managers and documents

Listing on
BSE SME
Face value
₹ 10 a share
Registrar
KFin Technologies Limited
Lead managers
Interactive Financial Services Ltd.

IPO dates, prices, grey market premium (GMP), subscription and the company overview: IPO Guru, updated three times a day. GMP is an unofficial premium from the unregulated grey market. It is not published, verified or regulated by SEBI, NSE or BSE, grey market deals are not legally enforceable, and it is not a reliable indicator of the listing price. Do not apply for an IPO on the basis of GMP. It is not a recommendation of Minerva Capital Research Solutions.

Our recommendations are research opinions, not investment advice. Read the offer document (RHP) and consult your financial adviser before investing.