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LCC Projects Ltd

IPO Details · GMP · Subscription · Financials

🔒 Closed NSE & BSE Mainboard Live Chart
Issue Price
₹146
Per Share
GMP
+₹72
+49.32% Grey Market
Est. Listing
₹218
Expected Price
Min. Application
₹29,784
2 lots × 102 shares
IPO Issue Details
Issue Price / Price Band₹146 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size102 Shares per Lot
Total Issue Size2,92,56,232 shares (agg. up to ₹427 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 09 Sep 2026
Subscription CloseFri, 11 Sep 2026
Anchor AllotmentTue, 08 Sep 2026
Basis of AllotmentTue, 15 Sep 2026
Initiation of RefundsWed, 16 Sep 2026
Credit of Shares to DematWed, 16 Sep 2026
Listing DateThu, 17 Sep 2026
UPI Mandate Deadline5:00 PM on 11 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,892 — 102 shares
Retail — Max (13 Lots)₹193,596 (13 Lots)
HNI — Min (3 Lots)₹44,676 — 306 shares
EPS (Pre-IPO)₹10.53
EPS (Post-IPO)₹9.89
P/E Ratio (Pre-IPO)13.87x
P/E Ratio (Post-IPO)14.76x
Pre-IPO Promoter Holding27,20,00,000 shares
Post-IPO Promoter Holding28,96,71,232 shares
Fresh Issue Shares1,76,71,232 shares (agg. up to ₹258 Cr)
Offer for Sale Shares1,15,85,000 shares of ₹5 (agg. up to ₹169 Cr)
About LCC Projects Ltd

Incorporated in 2017, LCC Projects Limited offers engineering, procurement and construction (“EPC”) services in the irrigation and water supply projects segment. The company has executed projects in the irrigation and water supply segment, such as the construction of dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water supply schemes, and other EPC projects.As of March 31, 2026, the company's Order Book comprises 103 projects, of which Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi – Village Scheme, and Gandhi Sagar 1 Multi-Village Scheme are the top three projects.In the past, LCC have also executed notable projects, such as the construction of Tawa Left Bank Canthe al, Parbati Dam Projthe ect, Dudhai Sub Branch Canal Projectthe and AKOT Lift Irrigation Scheme.The company expanded its operations from eight states in Fiscal 2026 to 12 states by March 31, 2026, namely, Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Andhra Pradesh, Himachal Pradesh, and Haryana.As of March 31, 2026, the company had 2,093 permanent employees.

Objects of the Issue

LCC Projects Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Purchase of equipment
14.69
2
Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company
180.00
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 27,20,00,000 shares
Post-IPO Promoter Holding 28,96,71,232 shares
Lock-in Period (30%)Thu, Oct 15, 2026
Lock-in Period (50%)Mon, Dec 14, 2026
Check AllotmentCheck Status →
LCC Projects Ltd — Live Price LIVE
₹146.00
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Issue ₹146.00 GMP: +₹72 (+49.32%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusClosed
Issue Price₹146
GMP+₹72
Est. Listing₹218
Lot Size102 shares
Min Amount₹29,784
Listing Date17 Sep 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹146
Listing Date17 Sep 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 5,851,247 ₹85.43 Cr 78.73x
NII / HNI 4,388,435 ₹64.07 Cr 64.91x
Retail (RII) 10,239,681 ₹149.50 Cr 26.34x
TOTAL 20,479,363 100.00% ₹299.00 Cr 49.57x
* Based on ₹146.00 (upper price band)
Day-wise Subscription
QIB
78.73x
NII / HNI
64.91x
Retail
26.34x
Total
49.57x
Subscribed
Lot Size & Investment Details
Lot Size
102
Shares
Issue Price
₹146.00
Per Share
Min Investment
₹14,892
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 102 ₹14,892
Retail (Max) 13 1,326 ₹193,596
sNII (Min) 14 1,428 ₹208,488
bNII (Min) 68 6,936 ₹1,012,656
Company Financials — Restated Consolidated (Amount in ₹ Crores)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 3639.45 2941.01 2449.79
EBITDA 519.90 401.04 241.37
Profit After Tax (PAT) 286.44 223.63 122.00
Net Worth 888.41 604.99 382.83
Total Assets 2447.54 1727.46 1129.99
Reserves & Surplus 752.41 468.99 348.83
Total Borrowings 860.65 649.55 422.30
Key Ratios & Valuation
Issue Price ₹146
Face Value ₹5 Per Share
P/BV 4.47
RoE 32.24
RoCE 27.13
RoNW 32.24
PAT Margin (%) 7.96
EBITDA Margin (%) 14.44
Debt / Equity 0.97
Company Details
Company
LCC Projects Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹5 Per Share
Script Code
N/A
Address
‘B’ Wing,15th Floor, Privilon Building, Vikram Nagar AmbliBopal Road, Behind ISKCON Temple, Ahmedabad, Gujarat, 380058
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd
Book Running Lead Manager (BRLM)