Gulf Lloyds IPO Subscription Status
Final figures at close of bidding: 27 Jul 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| NII | 2.86x |
| Retail (RII) | 18.83x |
| Total | 10.85x |
Bidding day 3
Day-wise subscription
| Day | NII | Retail | Total |
|---|---|---|---|
| Day 1 | 1.16x | 8.19x | 4.67x |
| Day 2 | 2.13x | 14.43x | 8.28x |
| Day 3 | 2.86x | 18.83x | 10.85x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Gulf Lloyds IPO ran across 3 recorded days: overall subscription stood at 4.67× at the close of day 1, read 8.28× at the end of day 2, and finished at 10.85× on day 3. On the final day it was retail investors driving the book, at 18.83× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 2, when the overall multiple moved from 4.67× to 8.28×.
Category detail
Non-institutional investors came in at 2.86×. Retail investors put in bids for 18.83× the shares reserved for them. That puts retail investors at the top of the book at 18.83× and non-institutional investors (NII) at the bottom at 2.86×.
What the multiple means for allotment
A retail multiple of 18.83× means bids in the category outnumbered the shares set aside for it roughly 18.83 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,20,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Gulf Lloyds IPO open and close?
- The Gulf Lloyds IPO opens on 20 Jul 2026 and closes on 22 Jul 2026.
- How many times was the Gulf Lloyds IPO subscribed?
- The Gulf Lloyds IPO was subscribed 10.85 times in total across all investor categories.
- What is the reservation split in the Gulf Lloyds IPO?
- Of the total shares offered, retail investors get 50%, non-institutional investors 50%.