July, 17 2026 Friday 20:26 Hrs
Last update 11-9-2025
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IPO Synopsis

Gulf Lloyds (India) Ltd
Initial public issue of 18,19,200 equity shares of face value of Rs. 10/- each of Gulf Lloyds (India) Limited ("Gulf" or "GLIL" or the "Company" or the "Issuer") for cash at a price of Rs. 100 per equity share including a share premium of Rs. 90 per equity share (the "Issue Price") aggregating to Rs. 18.19 Crores ("the Issue"), of which 91,200 equity shares of face value of Rs.10/- each for cash at a price of Rs. 100 per equity share including a share premium of Rs. 90 per equity share aggregating to Rs. 0.91 will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 17,28,000 equity shares of face value of Rs.10/- each at a price of Rs. 100 per equity share aggregating to Rs. 17.28 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.03% and 25.68% respectively of the post issue paid up equity share capital of the company. Offer price Rs. 100/- per equity share of face value of Rs. 10 each. The offer price is 10 times the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiple of 1200 equity shares thereafter.
Issue
Opens On Closes On
20-Jul-26 22-Jul-26
Money Payable On
Application Allotment
100.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 16.19 Interactive Financial Services Limited
Project Financed through Current Offer (.Cr) 18.19  
Post Issue Equity Share Capital (.Cr) 6.73
Issue Price () 100.00
Projects
Capital Expenditure for Office premises
Repayment of unsecured loans
Working Capital requirement
General corporate purposes
Promoted By
Jaykumar Bhavsar
Bhagirath Bhavsar
Anitaben Bhavsar
Listing At
BSE - SME
Registrar to the Issue
KFin Technologies Ltd
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