New delhi (India), June 19, 2026 : Lloyds Engineering Works Limited (LEWL), one of India’s fastest-growing engineering and EPC companies listed on both stock exchanges, has announced the acquisition of a controlling stake in Steel Infra Solutions Company Limited (SISCOL), a leading structural steel infrastructure solutions provider.
The transaction values SISCOL at an equity valuation of around ₹1,220 crore and marks a major consolidation in India’s engineering, structural fabrication and infrastructure sector.
SISCOL’s Structural Engineering Expertise
Incorporated in 2017, SISCOL has built a strong reputation in the design, engineering, fabrication, supply and erection of structural steel solutions. The company has successfully executed 187 structural steel projects across 22 states.
Its major projects include the Delhi Airport Terminal 1, Noida International Airport at Jewar, Dwarka Convention Centre, International Hockey Stadium at Rourkela and International Tech Park, Bengaluru.
With six fabrication facilities and four in-house engineering and design centres across India, SISCOL operates a structural steel fabrication capacity of nearly 100,000 MTPA.
For FY26, SISCOL reported operating revenues of approximately ₹817 crore, EBITDA of ₹92 crore and PAT of ₹44 crore, along with an order book of around ₹1,134 crore.
LEWL Expands Infrastructure Capabilities
Lloyds Engineering Works has established itself as a diversified infrastructure solutions company with expertise across precision heavy structural fabrication, industrial equipment, defence, electrical engineering and EPC.
Over the past seven years, LEWL has grown significantly, increasing revenues from around ₹98 crore in FY19 to over ₹3,000 crore currently. The company holds an order book exceeding ₹8,000 crore and has a market capitalization of nearly ₹12,800 crore.
Capacity Expansion and Strategic Synergies
The acquisition will be funded through a combination of cash and equity. Following the transaction, LEWL plans to double SISCOL’s fabrication capacity from 100,000 MTPA to 200,000 MTPA.
The expansion is expected to position SISCOL as one of India’s largest structural steel fabrication companies while improving the combined entity’s ability to undertake large and complex infrastructure projects.
The deal is also expected to generate operational synergies across procurement, project management, engineering, manufacturing planning and corporate functions.
SISCOL will continue to operate under its existing brand and leadership, with Ravi Uppal continuing as Chairman and Managing Director along with the existing senior management team.
Leadership Comments
Ravi Uppal, Chairman and Managing Director of Steel Infra Solutions Company Limited, said that the partnership with Lloyds Group will bring complementary strengths, new business opportunities and support the growth of steel-based infrastructure and core industries.
Shreekrishna Gupta, Executive Director of Lloyds Engineering Works Limited, said the acquisition is focused on building a future-ready platform by combining SISCOL’s engineering expertise and structural design capabilities with LEWL’s EPC strengths and manufacturing capabilities.
Although, Prime Securities Limited acted as the exclusive Investment Banker for the transaction.
N Jayakumar, Group CEO & MD, Prime Securities Limited, said the consolidation represents a strategic move in the infrastructure sector and could create value for both companies’ shareholders.
LATEST : Tata Motors Announces Commercial Vehical Price Revision
Ends.
Comments (0)
Be the first to comment!