ListingScoreGMP · subscription · track record

Gulf Lloyds IPO

Every Indian IPO in one place. We score each one, and show how often we were right.

—Open now

—Tracking

—Mean GMP

—Worth a look

GMP is an informal figure from outside SEBI's framework. Not investment advice.

About this issue

Gulf Lloyds listed at 0.0% against its issue price of ₹100. The book is 10.85 times subscribed overall. The grey market premium is +₹1 (+1.0%), which is an informal figure and not a quoted price. Our call is Not Suggested, on 57% of our checks.

Segment: SME
Price: ₹100
Lot size: 1,200 shares
One lot costs: ₹1,20,000
Issue size: ₹17 Cr
Grey market premium: +₹1 (+1.0%)
Subscribed: 10.85x
Listed at: 0.0%
Our call: Not Suggested

What we checked

Borrowing under half of net worthDebt/net worth 1.16
Return on net worth above 15%RoNW 31.9%
Post-issue P/E under 40P/E 15.6
Price to book under 6P/B 3.6
Majority is fresh capital100% fresh issue
Promoters keep at least half72.9% held post-issue
Anchor investors participatedNo anchor book
Overall book more than 10× covered10.8× overall
Lead manager above segment medianInteractive Financial Services Ltd.: 31 past issues, +6% avg vs +8% segment median

6 further checks could not be judged, because the issue did not disclose enough. They count neither for nor against.

fetching…

LOADING LIVE DATA