IPO IPO-Synopsis
Gulf Lloyds (India) Ltd

Back

Registered Office: 910 Gala Empire Drive in Road,Thaltej Road , Ahmedabad - 380054 , Gujarat , India.
Phone : 079 3528 9495   Fax:
Email :  info@gulflloydsgroup.com  
Website :  www.gulflloydsgroup.com
Initial public issue of 18,19,200 equity shares of face value of Rs10/- each of Gulf Lloyds (India) Limited ("Gulf" or "GLIL" or the "Company" or the "Issuer") for cash at a price of Rs100 per equity share including a share premium of Rs90 per equity share (the "Issue Price") aggregating to Rs18.19 Crores ("the Issue"), of which 91,200 equity shares of face value of Rs10/- each for cash at a price of Rs100 per equity share including a share premium of Rs90 per equity share aggregating to Rs0.91 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 Rs10/- each at a price of Rs100 per equity share aggregating to Rs17.28 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 Rs100/- per equity share of face value of Rs10 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 Money Payable On
Opens On Closes On Application Allotment
20-Jul-26 22-Jul-26 Rs100.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 16.19
Interactive Financial Services Limited
Project Financed through Current Offer 18.19  
Post Issue Equity Share Capital 6.73  
Issue Price Rs100.00  
Projects
Capital Expenditure for Office premisesWorking Capital requirement
Repayment of unsecured loansGeneral corporate purposes
Promoted By
Jaykumar Bhavsar
Bhagirath Bhavsar
Anitaben Bhavsar
Listing At
BSE - SME 
Registrar to the Issue
KFin Technologies Ltd