About the Gulf Lloyds (India) IPO
Gulf Lloyds (India) is a SME issue listing on BSE SME with an issue size of 18.19. The price band is ₹100 per share and one lot is 1,200 shares. Bidding runs from 20 Jul 2026 to 22 Jul 2026. SME issues have a larger minimum application; one lot costs ₹1,20,000 at the upper band, so check the offer document for the minimum number of lots.
What the GMP implies
At the last recorded GMP of ₹1, the grey market is pricing Gulf Lloyds (India) at about ₹101 on listing, against the upper price band of ₹100, or roughly ₹1,200 per lot.
.GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Gulf Lloyds (India) IPO key dates
| Bidding opens | 20 Jul 2026 |
| Bidding closes | 22 Jul 2026 |
| Allotment | 23 Jul 2026 |
| Refunds start | 24 Jul 2026 (expected) |
| Shares credited to demat | 24 Jul 2026 (expected) |
| Listing | 27 Jul 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| One lot | 1 | 1,200 | ₹1,20,000 |
| Two lots | 2 | 2,400 | ₹2,40,000 |
SME issues set their own minimum application; check the offer document.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Gulf Lloyds (India), enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 23 Jul 2026 using the button above.