Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Gulf Lloyds (India) Limited, incorporated Sep 2014, provides third-party inspection, auditing, certification, testing and training services to public sector undertakings and companies, evaluating products, works and processes for quality, safety compliance and technical specifications. Over a decade of experience with projects executed in India and internationally (USA, UAE, Sudan, South Sudan, China, Burundi, Singapore, Germany, UK, Panama, Egypt, Jordan). Revenue (Total Income) ₹35.88 Cr (FY25) vs ₹23.51 Cr (FY24) vs ₹13.15 Cr (FY23); PAT ₹4.67 Cr (FY25) vs ₹1.68 Cr (FY24); EBITDA ₹7.66 Cr (FY25), margin 21.36%. Promoters: Jaykumar Bhavsar, Bhagirath Bhavsar, Anitaben Bhavsar. Entirely fresh issue, fixed price ₹100/share.