Prime Securities Advises ₹1,220 Cr Steel Infra Acquisition
Prime Securities Limited acted as the sole advisor for the acquisition of a controlling stake in Steel Infra Solutions Company Limited (SISCOL) by Lloyds Engineering Works Limited (LEWL). The transaction values SISCOL at approximately ₹1,220 Cr. This consolidation aims to create one of India's most integrated engineering, structural fabrication, and EPC platforms. SISCOL reported revenues of ₹817 Cr and PAT of ₹44 Cr in FY26, with an order book of ₹1,134 Cr. LEWL, with revenues over ₹3,000 Cr and an order book of ₹8,000+ Cr, expects this acquisition to double SISCOL's capacity and enhance its ability to undertake large infrastructure projects. The deal is funded through cash and equity and is expected to unlock significant operational synergies.
Key Highlights
- Prime Securities advised on a ₹1,220 Cr M&A transaction.
- Lloyds Engineering acquired a controlling stake in Steel Infra Solutions.
- The deal creates a major integrated engineering and EPC platform.
- SISCOL reported ₹817 Cr revenue and ₹44 Cr PAT in FY26.
- The acquisition aims to double SISCOL's fabrication capacity.
Price Impact
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