Lalbaba Engineering IPO Details
MAINBOARD
Lalbaba Engineering IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Lalbaba Engineering IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Motilal Oswal Investment Advisors Ltd, IIFL Capital Services Ltd, Nuvama Wealth Management Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Lalbaba Engineering Limited DRHP.
Lalbaba Engineering IPO Details
Lalbaba Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Lalbaba Engineering IPO Reservation
Promoter Holding
Documents
Lalbaba Engineering IPO Valuations
Lalbaba Engineering Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 586.96 | 435.66 |
| Total Income | 773.45 | 600.44 |
| Profit After Tax | 42.44 | 26.61 |
| EBITDA | 97.48 | 71.84 |
| NET Worth | 181.63 | 140.85 |
| Reserves and Surplus | 131.36 | 65.64 |
| Total Borrowing | 264.72 | 197.02 |
| Amount in ₹ Crore | ||
About Lalbaba Engineering IPO
Incorporated in 2006, lalbaba engineering is an engineering solutions company, specializing in high-performance seamless tubes, precision forgings, and integrated rail systems. Its strength lies in combining advanced metallurgy, precision manufacturing, and end-to-end solutions to serve critical industries like railways, automotive, energy, and industrial infrastructure.
As of August 31, 2025, it is India’s largest manufacturer of cold-finished seamless tubes and Second-largest overall for cold-finished steel tubes by installed capacity, as per CRISIL report.
Business Structure
- Tubular Solutions: Design and manufacture cold-finished seamless tubesin carbon, alloy, and stainless steel grades. These products are used in automotive(steering columns, front forks), railways (air brake pipes), energy (boiler tubes), industrial (hydraulic tubes, drill rods).
- Forging Solutions:The company make precision-forged componentsfor high-stress, high-performance applications.
- Railway Systems: Make assemblies for bogies and brake systems and handle turnkey rail projects like coach conversions and wagon rebuilds under our Rail Solutions-as-a-Service (RSaaS) model.
Customers: The company works with leading Indian wagon builders (e.g., Jupiter Wagons, Texmaco), automotive Tier-1 suppliers (e.g., Sona Comstar), and public sector undertakings From FY 23 to 25, the company has also exported products to 18+ countries, including the USA, Germany, France, and UAE.
Manufacturing and Capacity: The company operates three plants in West Bengal: Haldia, Uluberia, and Ghusuri. As of August 31, 2025, the company has an installed capacity of 85,000 metric tonnes per annum (MTPA) and forging capacity is 8,400 MTPA.
Competitive strengths
- Integrated and comprehensive engineering solutions provider with a diverse range of offerings
- Long standing relationship with marquee customers
- Largest cold finished seamless tube manufacturer with operational fungibility, well-positioned to serve multiple sectors
- Engineered process for manufacturing cold drawn seamless tube driving efficiency and scalability
- Leveraging R&D to enhance product offering and develop capabilities
- Track record of consistently delivering strong financial growth with robust return metrics
Strength Of Lalbaba Engineering IPO
Risk Of Lalbaba Engineering IPO
Objectives Lalbaba Engineering IPO
1. Funding capital expenditure requirement for expansion of our Haldia Facility
2. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
3. General corporate purposes
Company Contact Details
Lalbaba Engineering Ltd.
Kashberia, Bardhanyaghata Debhog,
Haldia, East Midnapore,
Haldia, West Bengal, 721657
Phone: + 91 33 22879256
Email: investorrelations@lalbabagroup.com
Website: https://lalbabagroup.com/
Registrar Contact Details
Lalbaba Engineering IPO - FAQs
The Lalbaba Engineering IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹5 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.