Lloyds Engineering Rights Issue dates 15 – 30 May 2025.
Lloyds Engineering Works is a process plant equipment manufacturing company that provides engineering and infrastructure solutions. Its offerings include designing, engineering, manufacturing, fabrication, and installation of heavy equipment, as well as machinery and systems for customers in the hydrocarbon (oil & gas) sector, steel processing industries, captive power plants used in steel plants, the marine sector, ports, and nuclear power plants with heat exchangers. The company also offers services for civil construction projects.
The company operates five workshops located in Murbad, Thane. Four of these workshops hold ISO 9001:2015 certification, accredited by SGS, UK. As of 30 September 2024, the company had 303 full-time employees, including those on probation.
Promoters of Lloyds Engineering – Mukesh R. Gupta, Rajesh R. Gupta, Abha M. Gupta, Renu R. Gupta, and Lloyds Enterprises Limited (Formerly Known as Shree Global Tradefin Limited)
Table of Contents
Lloyds Engineering Rights Issue Details
| Lloyds Engineering Rights Issue Date | 15 – 30 May 2025 |
| Lloyds Engineering Rights Issue Price | INR 32 per share |
| Issue Size (in Shares) | 30,85,17,476 shares |
| Issue Size (in INR) | INR 987.26 crore |
| Issue Entitlement | 9 equity shares for every 34 equity shares held on record date |
| Terms of Payment | Payment of INR 16 per rights equity share is due on application. The remaining INR 16 will be payable in one or more calls as decided by the board before 31 March 2026. |
| Lloyds Engineering Rights Issue Record Date | 28 April 2025 |
| Face Value | INR 1 per share |
| Listing On | NSE, BSE |
Lloyds Engineering Rights Issue Calculation
| Lloyds Engineering Rights Issue Price | INR 32 per share |
| Market Price on Rights Issue Approval | INR 62.34 per share |
| Dilution Factor (X) | 1.26 |
| Fair Value After Dilution at Prevailing Price | INR 55.99 per share |
Lloyds Engineering Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 50.10 | 312.61 | 624.24 |
| Expenses | 46.40 | 266.80 | 527.41 |
| Operating Margin (%) | 28.87 | 17.77 | 17.37 |
| Net Income | 5.95 | 36.82 | 79.84 |
| ROCE (%) | 10.0 | 29.0 | 29.0 |
Lloyds Engineering Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding the capital expenditure towards a replacement of the Industrial Shed’s Wall & Roof Sheeting, Repair, Restoration, and Strengthen of the entire structure, at existing workshops at Murbad, Thane – INR 39.06 crore
- Funding of acquisition of the Engineering Assets of Bhilai Engineering Corporation and overhauling and refurbishment of the machineries thereof – INR 134 crore
- Funding the working capital requirements of the company – INR 336.53 crore
- Investment in the equity shares of Techno Industries (second tranche) – INR 25 crore
- Funding of unidentified acquisition, and general corporate purposes
Lloyds Engineering Rights Offer Documents
- Lloyds Engineering Rights Issue Application Form
- Lloyds Engineering Letter of Offer
- Board Meeting Outcome
- Lloyds Engineering Draft Letter of Offer
- Rights Issue in 2024
Lloyds Engineering Rights Issue Dates
| Rights Issue Approval Date | 17 April 2025 |
| Rights Issue Record Date | 28 April 2025 |
| Credit of Rights Entitlement | 2 May 2025 |
| Rights Issue Opening Date | 15 May 2025 |
| Last Date for Market Renunciation | 27 May 2025 |
| Rights Issue Closing Date | 30 May 2025 |
| Finalization of Basis of Allotment | 9 June 2025 |
| Rights Allotment Date | 10 June 2025 |
| Credit Date | 12 June 2025 |
| Listing Date | 20 June 2025 |
Lloyds Engineering Rights Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay, Sant Janabai Road (Service Lane),
Off W. E. Highway, Vile Parle (East), Mumbai-400 057. Maharashtra
Phone: +91 22 2612 3207/08
Email: [email protected]
Website: www.markcorporateadvisors.com
Lloyds Engineering Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200/22
Email: [email protected]
Website: www.bigshareonline.com
Lloyds Engineering Contact Details
LLOYDS ENGINEERING WORKS LIMITED
A-2, Madhu Estate, 2nd Floor, Pandurang
Budhkar Marg, Lower Parel, Mumbai 400 013
Phone: +91-2524-222271
Email: [email protected]
Website: www.lloydsengg.in
Lloyds Engineering Rights Offer FAQs
What is the Lloyds Engineering Rights Issue Price?
The issue price is INR 32 per share.
What is the Lloyds Engineering Rights Issue entitlement ratio?
The eligible shareholders are offered 9 Equity Shares for every 34 Equity Shares held on the record date.
What is the Lloyds Engineering Rights Issue Record Date?
The Record date is 28 April 2025.
How to Apply in Lloyds Engineering Rights Offer?
The best way to apply in Lloyds Engineering Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.