Multibagger stock under Rs 100: Board approved issuance of NCDs on private placement basis for an amount not exceeding Rs 500 crore

Kiran DSIJ / 09 Feb 2026 / Categories: Multibaggers, Penny Stocks, Trending

Multibagger stock under Rs 100: Board approved issuance of NCDs on private placement basis for an amount not exceeding Rs 500 crore

The stock gave multibagger returns of 665 per cent in 3 years and a whopping 3,000 per cent in 5 years.

The Board of Directors of Lloyds Enterprises Ltd has officially approved the issuance of Non-Convertible Debentures (NCDs) for an aggregate amount not exceeding Rs 500 crore. This capital raise will be conducted via private placement in one or more tranches, with the specific tenure, coupon rates, and security arrangements—whether secured or unsecured—to be finalised by the Board or an authorised committee at the time of issuance. While the final terms remain to be determined, the company has indicated that once issued, these NCDs may be listed on the BSE Limited and/or the National Stock Exchange of India Limited, contingent upon necessary regulatory and statutory approvals.

According to Quarterly Results, the company reported net sales of Rs 299 crore and net profit of Rs 38 crore in Q3FY26 while in its nine-month results, the company reported net sales of Rs 1,037 crore and net profit of Rs 348 crore in 9MFY26.

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About the Company

Lloyds Enterprises, a prominent entity within the Lloyds Group, operates a diversified business with core activities in importing, exporting, and trading iron and steel, alloy steel scrap, tubes, pipes, and wires. Beyond its steel-related ventures, the company actively engages in investment, acquiring and managing various securities. Lloyds Enterprises aims to enhance lives through its varied ventures, which also extend to Real Estate, metals and mining, luxury grooming, and engineering, demonstrating a commitment to delivering quality and value. Listed on the Bombay Stock Exchange (BSE), the company strives to be a leading conglomerate in India and globally, known for innovation, integrity, and excellence across its diverse business sectors.

The company had a market cap of over Rs 7,000 crore and has delivered good profit growth of 156 per cent CAGR over the last 5 years with an Order Book of Rs 6,645 crore as of December 31, 2025. The stock gave multibagger returns of 665 per cent in 3 years and a whopping 3,000 per cent in 5 years.

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