5,000% multibagger returns: Penny stock under Rs 100; Company to acquire 31.58% stake in Geomysore Services India Pvt Ltd

DSIJ Intelligence-1 / 04 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

5,000% multibagger returns: Penny stock under Rs 100; Company to acquire 31.58% stake in Geomysore Services India Pvt Ltd

The stock gave multibagger returns of 480 per cent in just 2 years, 1,160 per cent in 3 years and a whopping 5,000 per cent in 5 years.

Lloyds Enterprises Limited (LEL) announced on July 4, 2025, a significant strategic investment to acquire a 31.58 per cent indirect stake in Geomysore Services India Pvt Ltd (GMSI). GMSI is actively developing the Jonnagiri Gold Mine Project in Andhra Pradesh, notable as the first gold mine initiated in independent India. LEL's acquisition will be achieved through an investment of INR 140 crore for a 50 per cent partnership interest in Prakar Estate and Promoter LLP, which currently holds a majority stake of 63.17 per cent in GMSI. This move positions LEL to benefit from India's emerging gold production sector, with the potential for substantial long-term value creation.

The Jonnagiri Gold Project boasts several key advantages. It has secured all necessary regulatory clearances, including Environmental Clearance (EC) valid until 2043 and Consent to Operate (CTO), ensuring operational continuity. The project holds JORC-certified gold resources of approximately 13.1 tonnes, with a significant estimated upside potential of up to 42.5 tonnes. With over Rs 405 crore already invested, the project is nearing commissioning and is expected to commence commercial production within the current quarter, with peak annual production projected to reach up to 1,000 Kgs of refined gold for the next 15 years. GMSI anticipates peak revenues of approximately Rs 950 crore per annum and an EBITDA of around Rs 700 crore. As a domestic producer, GMSI will also benefit from import duty exemptions, offering a cost advantage over imported gold, further enhanced by operating synergies due to the processing plant's proximity to the mine.

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About the Company

Lloyds Enterprises Limited, formerly known as SHREE GLOBAL TRADEFIN LIMITED until its name change on September 6, 2023, primarily engages in the trading of Iron & Steel products. The company's product portfolio includes various steel items such as hot rolled (HR) coils, cold rolled steel sheets, mild steel (MS) channels, MS angles, hot rolled plates,and MS beams.

The company had a market cap of over Rs 11,000 crore and has delivered good profit growth of 160 per cent CAGR over the last 5 years. The stock gave multibagger returns of 480 per cent in just 2 years, 1,160 per cent in 3 years and a whopping 5,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.