Gulf Lloyds (India) IPO
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Gulf Lloyds (India) IPO details
Schedule of Gulf Lloyds (India)
| Issue open date | 20 Jul 2026 |
| Issue close date | 22 Jul 2026 |
| UPI mandate deadline | 22 Jul 2026 (5 PM) |
| Allotment finalization | 23 Jul 2026 |
| Refund initiation | 24 Jul 2026 |
| Share credit | 24 Jul 2026 |
| Listing date | 27 Jul 2026 |
| Mandate end date | 06 Aug 2026 |
| Lock-in end date for anchor investors (50%) | 21 Aug 2026 |
| Lock-in end date for anchor investors (remaining) | 20 Oct 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
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 inspection and certification standards. Its operations are supported by qualified professionals, established quality systems and inspection procedures designed to meet industry and regulatory requirements.
Financials of Gulf Lloyds (India)
Issue size
| Funds Raised in the IPO | Amount (₹ Cr.) |
| Total issue size | 18.19 |
| Fresh Issue – Proceeds go to the company | 18.19 |
Utilisation of Proceeds
| Purpose | INR Crores (%) |
| Purchase of office premises | 4.01 (22.05%) |
| Repayment of unsecured loans | 3 (16.49%) |
| Funding working capital requirements | 7.15 (39.31%) |
| General corporate purposes | 4.03 (22.15%) |
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.