BSE List Price : ₹

subscription

Category	Times
QIBs	0.00x
HNIs	2.97x
Retail	18.83x
Total : 10.90x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹240,000
Retail Maximum	2	2,400	₹240,000
S-HNI Minimum	3	3,600	₹360,000

About the Company

Gulf Lloyds (India) Limited, established in September 2014, is a prominent professional services company specializing in customized Inspection, Verification, Assurance, Auditing, Testing, Training, and Certification solutions. The company serves clients across a broad spectrum of industries, including construction, agriculture, textiles, and many others, both in India and overseas.

The company provides inspection, verification, certification, auditing, training, and testing services to organizations operating in sectors such as marine, environment, energy, infrastructure, transport & logistics, quality & safety, and agri-food, ensuring compliance with quality, safety, and industry standards. Headquartered in Ahmedabad, Gulf Lloyds has successfully executed projects across India as well as in international markets, including the USA, UAE, China, Germany, and several other countries. Through its comprehensive service portfolio, the company enables businesses to improve operational efficiency, maintain regulatory compliance, and enhance overall performance.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹23.51	₹21.19	₹1.68	₹15.88
2025	₹35.88	₹29.61	₹4.67	₹23.51
2026	₹35.97	₹30.33	₹4.30	₹35.29

Company Promoter

Bhagirath Bhavsar

Anitaben Bhavsar

Jaykumar Bhavsar

Shivaniben Bhavsar

Know before investing

• • Strengths

  Diversified Service Offering: Delivers a comprehensive range of inspection, testing, auditing, training, verification, and certification solutions tailored to the requirements of various industries.

  Highly Qualified Technical Workforce: Supported by an experienced team of engineers, auditors, and inspectors with specialized knowledge in mechanical, civil, electrical, and metallurgical engineering.

• • Risks

  Accreditation & Regulatory Compliance Risk: The company undergoes regular assessments by NABCB. Any failure to meet prescribed standards or changes in accreditation norms could necessitate corrective measures and potentially affect business operations.

  Dependence on External Testing Laboratories: The company utilizes NABL-accredited laboratories for specific testing services. Any interruption, delay, or limitation in the availability of these laboratory services may impact the timely execution of projects.

Objects of the Issue & Utilisation of proceeds

Capital Expenditure for Office premises.

Repayment of unsecured loans.

Working Capital requirement

General Corporate Purpose

Company  Address

Gulf Lloyds (India) Ltd.
910, Gala Empire
Opp. TV Tower, Drive-in Road
Thaltej Road
Ahmedabad, Gujarat, 380054
Phone: 079-35289495
Email: info@gulflloydsgroup.com
Website: https://www.gulflloydsgroup.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: gulf.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

IPO Review

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