Gulf Lloyds (India) IPO
Gulf Lloyds (India) IPO closed on 22 Jul 2026. Allotment 23 Jul 2026, listing 27 Jul 2026. Price band ₹100–₹100, lot 1200 shares, GMP +₹2 (2%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹100–₹100 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,40,000 |
| Issue size | ₹18.19 Cr |
| GMP | +₹2 (2%) |
| Open date | 20 Jul 2026 |
| Close date | 22 Jul 2026 |
| Allotment date | 23 Jul 2026 |
| Listing date | 27 Jul 2026 |
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…
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.