Lalbaba is an engineering solutions provider engaged in the development and manufacture of high-performance seamless tubes, precision forgings and integrated rail systems. Operating at the intersection of advanced metallurgy and precision manufacturing, it delivers end-to-end solutions for critical applications across railways, automotive, energy and industrial infrastructure. As of August 31, 2025, it is India’s largest manufacturer of cold-finished seamless tubes and the second-largest producer of cold-finished steel tubes by installed capacity among key players (Source: CRISIL Report). Its customer base includes wagon builders, rail system integrators, automotive Tier 1 manufacturers and public sector undertakings.
Price Band₹0 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,000.00 Crs |
Lalbaba Engineering IPO Objects
- Funding capital expenditure requirement for expansion of the Haldia Facility
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
- General corporate purposes
Lalbaba Engineering IPO Details
Price Band₹0 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹630.00 Cr (0.00 Shares) |
Offer For Sale₹370.00 Cr (0.00 Shares) |
Total Issue₹1,000.00 Cr ( Shares) |
Face Value₹5 per equity share |
Lalbaba Engineering IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
0
Maximum
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-
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| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
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| Big HNI |
Minimum
-
-
-
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Lalbaba Engineering IPO GMP
The estimated Grey Market Premium of Lalbaba Engineering IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Lalbaba Engineering IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 771.61 | 599.50 | 343.30 |
| Profit after Tax | 42.44 | 26.61 | 14.26 |
| Net Worth | 181.63 | 140.85 | 78.37 |
| Total Borrowing | 264.72 | 197.02 | 121.66 |
| Total Assets | 586.96 | 435.66 | 248.42 |
| NAV per share (in ₹) | 17.83 | 13.83 | 9.07 |
| EPS - Basic (in ₹) | 4.35 | 2.90 | 1.85 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 12.63% |
| PAT | 5.49% |
| ROE | 25.19% |
| ROCE | 21.01% |
| Net Debt to Equity | 1.41 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Lalbaba Engineering IPO Peer Comparision
Lalbaba Engineering IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| LBIC Engineering Pvt. Ltd. | 66.35% |
| Kishan Dhanuka | 8.36% |
| Amit Dhanuka | 7.50% |
| Nikunj Dhanuka | 7.96% |
| Nishit Dhanuka | 7.96% |
| Others | 1.87% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Kishan Dhanuka | Chairman & MD |
Company Details
Name: LALBABA ENGINEERING LIMITED
Address: Kashberia, Bardhanyaghata Debhog, Haldia, East Midnapore, Midnapore – 721 657, West Bengal, India.
Number: + 91 33 22879256
Email: investorrelations@lalbabagroup.com
Website: https://lalbabagroup.com/
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Find answers to common questions that come in your mind related to IPO.
Lalbaba Engineering IPO is a Mainboard IPO having an issue size of Rs. ₹1,000.00 Crs. Lalbaba Engineering IPO is priced at ₹0 - ₹0 per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Lalbaba Engineering IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Lalbaba Engineering IPO is ₹0 per share (-).
The minimum lot size of Lalbaba Engineering IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Lalbaba Engineering IPO is 05 Dec 25.
The listing date of Lalbaba Engineering IPO is 05 Dec 25.
Lalbaba Engineering IPO is subscribed -.
Lalbaba Engineering IPO is priced at ₹0 - ₹0 per share.
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