Lloyds Enterprises Limited (LEL) has announced the signing of a definitive agreement to acquire an additional 17.98 percent stake in Steel Infra Solutions Company Limited (SISCOL), one of India’s leading structural steel engineering and fabrication companies. The acquisition further strengthens the Lloyds Group’s presence in the infrastructure and engineering sector, taking its consolidated holding in SISCOL to approximately 88 percent, including the stake already acquired through its material subsidiary.
The transaction marks a significant step in Lloyds Enterprises’ strategy to expand its footprint in value-added steel and infrastructure solutions. By adding SISCOL’s heavy structural fabrication capabilities, the group enhances its ability to participate in large-scale industrial, commercial and infrastructure projects across India and international markets.
SISCOL has established itself as a fully integrated structural steel solutions provider with capabilities spanning design, engineering, fabrication and erection. Its engineering expertise enables the company to undertake technically complex projects while maintaining quality, efficiency and timely delivery. Since 2018, SISCOL has completed 187 fabrication projects across 22 states, serving a diverse range of sectors including airports, transportation infrastructure, hospitality, industrial facilities and data centres.
The company’s portfolio includes several landmark projects such as Terminal 1 of Delhi Airport, Noida International Airport at Jewar, the Dwarka Convention Centre in New Delhi, the International Hockey Stadium in Rourkela, major railway and road bridge projects, and multiple data centre developments across the country. Ongoing assignments include a landmark government office tower in Amaravati and a premium hospitality project in Mumbai.
SISCOL serves an impressive roster of clients that includes some of India’s largest engineering, procurement and construction companies. Its long-standing relationships with leading infrastructure developers have enabled the company to build a strong reputation for execution excellence and technical capability.
The company operates six manufacturing facilities located across Bhilai, Vadodara and Hyderabad, with a cumulative production capacity of 100,000 metric tonnes per annum. Supporting these operations is an extensive engineering network comprising four design centres and six engineering offices functioning as specialised centres of excellence.
The transaction values SISCOL at approximately ₹1,220 crore, with the overall acquisition consideration estimated at around ₹1,073 crore. For the financial year ended FY26, SISCOL reported revenue of approximately ₹817 crore, EBITDA of ₹92 crore and profit after tax of ₹44 crore. The company also maintains an order book of approximately ₹1,134 crore, providing strong visibility for future growth.
