Financial Results
Lloyds Metals Allots ₹750 Crore NCDs at 8% Coupon
NSE
lloydsme
BSE
512455
Lloyds Metals and Energy Limited has allotted ₹750 crore unsecured listed NCDs through private placement, carrying an 8% annual coupon and 6-year tenure.
PRICE-SENSITIVE TRIGGER
Event: Allotment of Non-Convertible Debentures (NCDs)
Type: Debt Fundraising (NCD / Borrowings)
Impact: Neutral to Positive
Immediate Effect: Strengthens funding position and supports future expansion/capital requirements
Key Metrics:
- Issue Size: ₹750 crore
- Number of NCDs: 75,000
- Face Value: ₹1 lakh per NCD
- Coupon Rate: 8% per annum
- Tenure: 6 years
- Maturity Date: May 07, 2032
Highlight:
- The entire NCD issue was fully subscribed through NSE Electronic Book Provider (EBP) platform
What Happened ?
Lloyds Metals and Energy approved and allotted:
- 75,000 unsecured listed rated redeemable NCDs
- Total fundraising amount of ₹750 crore
- Fundraise completed via private placement route
Key terms:
- Coupon: 8% annually payable half-yearly
- Tenure: 6 years
- Redemption at face value on maturity
- Listed on NSE
Credit Ratings:
- India Ratings: IND AA / Stable
- CRISIL: CRISIL AA / Stable
key highlights
Issue Structure:
- Type: Unsecured Senior Listed Rated Redeemable NCDs
- Listing Platform: NSE
- Allotment Date: May 08, 2026
- Redemption Date: May 07, 2032
- Interest payout scheduled on half-yearly basis
- Issue subscribed completely by investors
Note:
- The company did not disclose specific utilization of proceeds in this filing
Risk Analysis
Key Risks
- Interest payment liability over 6 years
- Refinancing and repayment risk at maturity
- Exposure to commodity and steel sector cyclicality
Worst Case Scenario
- Weak cash flows or commodity downturns could pressure debt servicing capability
Risk Level: Medium
Company Commentary
- Lloyds Metals confirmed successful allotment of the NCD issue.
- The company stated the issue received full subscription via NSE EBP platform.
- Management highlighted that details are in line with SEBI Listing Regulations.
Official Exchange Filing: Lloyds Metals and Energy Limited