Lloyds Enterprises Acquires Stake in Steel Infra Solutions Company, Boosting Structural Fabrication Capacity

Lloyds Enterprises Acquires Stake in Steel Infra Solutions Company, Boosting Structural Fabrication Capacity​

Mumbai, June 18, 2026: Lloyds Enterprises Limited (LEL) today announced a definitive agreement to acquire an additional stake in Steel Infra Solutions Company Limited (SISCOL), one of India's leading structural steel fabricators. This acquisition strengthens the group’s presence within SISCOL, as LEWL currently holds a 52.16% stake, and the new investment brings the combined Lloyds Group stake to approximately 88%.

The transaction aims to significantly enhance heavy structural fabrication capabilities, adding material scale and reach to the combined business operations of LEL's Material Subsidiary (LEWL).

SISCOL is described as a full-stack offering in structural steel, covering design, engineering, fabrication, and erection end-to-end. This capability provides control over quality, cost, and delivery for complex structures. SISCOL has maintained a strong track record since 2018, having successfully executed 187 fabrication projects across 22 states.

The company's project portfolio includes the Delhi Airport T1 terminal, Noida International Airport, Dwarka Convention Centre in New Delhi, the International Hockey Stadium in Rourkela, and several railway and road bridges. SISCOL has also delivered work for data centres nationwide, an LPG extraction plant in Algeria, and a 40-storey di-grid government office building at Amaravati, Andhra Pradesh.

SISCOL’s client base includes India's leading EPC and PMC companies such as L&T, Shapoorji Pallonji, Tata Projects, Adani Power, KEC International, Jindal Stainless, and DP World.

Operational Strength and Leadership​

A key component of SISCOL is its in-house design and engineering strength. The company operates four dedicated design offices and six engineering offices—set up as Centres of Excellence—across Bengaluru, Chennai, Hyderabad, and Bhilai.

In terms of manufacturing infrastructure, SISCOL operates six units located in Bhilai, Vadodara, and Hyderabad, boasting a cumulative capacity of 100,000 MTPA.

SISCOL has been led by industry veteran Ravi Uppal, who serves as Chairman and Managing Director. Following the acquisition, SISCOL will continue to operate under its existing legal entity and brand identity, ensuring continuity for customers and business partners.

Financials and Consideration Details​

The transaction implies an equity valuation of approximately ₹1,220 crores for SISCOL. The total consideration paid for the acquisition is approximately ₹1,073 crores. Lloyds Enterprises Limited is contributing roughly ₹219 crores, accounting for about 18% of the total consideration.

For the fiscal year (FY) 26, which was reported by the company, key performance indicators were:


Furthermore, SISCOL possesses a robust order book of approximately ₹1,134 crore, indicating strong near-term revenue visibility.

LLOYDSENT Stock Price Movement​

Lloyds Enterprises Limited closed today by gaining 0.03%, with the stock settling at ₹77.22 after trading in the post-market session. The equity saw a volume of 5.59 million shares, finishing significantly higher than its daily low of ₹74.36.