LCC Projects IPO
LCC Projects IPO is priced at ₹139–₹146 per share with an issue size of ₹427.14 crore. The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026, with a lot size of 102 shares and a minimum investment of ₹14,892.
LCC Projects Limited IPO
- IPO Dates
- Sep 9, 2026 – Sep 11, 2026
- Price band
- ₹139-146 per equity share
- Minimum Investment
- ₹14,892
- Issue size
- ₹427.14 Cr
- Lot size
- 102
- Allotment Date
- Sep 15, 2026
- Listing
- Sep 17, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Sep 9, 2026
Open Date
Completed
-
Sep 11, 2026
Close Date
Upcoming
-
Sep 15, 2026
Allotment Date
Upcoming
-
Sep 17, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
LCC Projects IPO GMP Today: ₹37
LCC Projects IPO GMP today is ₹37 per share (a 25% premium over the ₹146 upper price band) as of 10 Sep 2026, 12:00 PM IST. The indicative listing price is ₹183 (₹146 upper price band + ₹37 GMP).
- Current GMP
- ₹37
- GMP percentage
- 25%
- Upper price band
- ₹146
- Indicative listing price
- ₹183
During the recorded period, LCC Projects IPO GMP ranged from ₹13 to ₹37. The latest GMP is ₹37.
LCC Projects IPO GMP trend (day-wise) 34 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹37 | ₹0 | 25% | ₹183 | |
| ₹37 | +₹3 | 25% | ₹183 | |
| ₹34 | ₹0 | 23% | ₹180 | |
| ₹34 | +₹4 | 23% | ₹180 | |
| ₹30 | ₹0 | 21% | ₹176 | |
| ₹30 | ₹0 | 21% | ₹176 | |
| ₹30 | +₹2 | 21% | ₹176 | |
| ₹28 | ₹0 | 19% | ₹174 | |
| ₹28 | ₹0 | 19% | ₹174 | |
| ₹28 | +₹5 | 19% | ₹174 |
LCC Projects IPO Live Subscription Details
View Subscription DetailsLCC Projects IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:LCC Projects IPO Essentials
LCC Projects IPO Details
LCC Projects IPO is priced at ₹139-146 per share with a total issue size of 427.14 crore. The IPO has a lot size of 102 shares and will be listed on BSE and NSE.
- Issue price
- ₹139-146 per equity share
- Lot size
- 102 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- ₹427.14 Crores
- Total issue size
- 2,92,56,232 shares
(aggregating up to ₹427.14 crore) - Fresh issue
- 1,76,71,232 shares
(aggregating up to ₹258 crore) - Offer for sale (OFS)
- 1,15,85,000 shares
(aggregating up to ₹169.14 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Ltd
- Lead manager
-
Motilal Oswal Investment Advisors Ltd
Market Lot Size
Investors can bid for a minimum of 102 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 102 | ₹14,892 |
| Retail(max) | 13 | 1,326 | ₹1,93,596 |
| sHNI(min) | 14 | 1,428 | ₹2,08,488 |
| sHNI(max) | 67 | 6,834 | ₹9,97,764 |
| bHNI(min) | 68 | 6,936 | ₹10,12,656 |
LCC Projects IPO Reservation
LCC Projects IPO reservation details show category-wise allocation of shares. Out of the total 29256232 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8776869 (30%) | |
| QIB Shares Offered | 5851247 (20%) | |
| NII (HNI) Shares Offered | 4388435 (15%) | |
| bHNI > ₹10L | 2925623 (10%) | 2049 |
| sHNI < ₹10L | 1462812 (5%) | 1024 |
| Retail Shares Offered | 10239681 (35%) | 1,03,389 |
| Total Shares Offered | 29256232 (100%) |
LCC Projects IPO Analytics
LCC Projects IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
LCC Projects IPO Subscription Status
LCC Projects IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 3.3x, indicating moderate demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 58,51,247 |
43,88,435
29,25,623
14,62,812
|
1,02,39,681 | 2,04,79,363 |
|
Day 1
09-09-26 05:00 PM
|
1.14 x |
1.77x
2.06x
1.21x
|
1.30 x | 1.35 x |
LCC Projects Valuations
Earnings
- EPS Pre IPO
- ₹10.53/-
- EPS Post IPO
- ₹9.89/-
- P/E Pre IPO
- 13.87
- P/E Post IPO
- 14.76
Returns
- ROE
- 32.24%
- ROCE
- 27.13%
- RoNW
- 32.24%
- PAT Margin
- 7.96%
Fundamentals
- Debt / Equity
- 0.97
- Price / Book
- 4.47
- Market Cap
- ₹4,229.20 Cr.
LCC Projects Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 2,447.54 | 1,727.46 | 1,129.99 |
| Revenue | 3,639.45 | 2,941.01 | 2,449.79 |
| Profit After Tax | 286.44 | 223.63 | 122.00 |
| Net Worth | 888.41 | 604.99 | 382.83 |
| Reserves & Surplus | 752.41 | 468.99 | 348.83 |
| Total Borrowing | 860.65 | 649.55 | 422.30 |
LCC Projects Company & Offer Insights
About LCC Projects
Founded in 2017, LCC Projects Limited provides engineering, procurement and construction (EPC) services under the irrigation and water supply projects division. The company has completed projects under the irrigation and water supply division, including dam construction, barrages, weirs, hydraulic structures, canals, pipe distribution network, lift irrigation work, water supply scheme, and other EPC projects.
As of September 30, 2024, the Order Book of the company consists of 68 projects out of which Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi – Village Scheme, and Gandhi Sagar 1 Multi-Village Scheme are the top three among them.
Earlier, LCC have also completed significant projects like Tawa Left Bank Canthe al construction, Parbati Dam Projthe ect, Dudhai Sub Branch Canal Projectthe, and AKOT Lift Irrigation Scheme.
The company grew its business from eight states in Fiscal 2022 to 11 states as of September 30, 2024, which are Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Himachal Pradesh and Haryana.
As of the six months ended September 30, 2024, the company employed 1,788 permanent staff.
LCC Projects Promoter(s)
Arjan Suja Rabari, Laljibhai Arjanbhai Ahir, Maya Arjan Rabari are the company's promoters of LCC Projects.
LCC Projects IPO Issue Objectives
- •
- Purchase of equipment.
- •
- Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.
- •
- General corporate purposes.
LCC Projects IPO - Anchor Investors
LCC Projects Limited finalised its anchor investor allocation on September 8, 2026, raising ₹128.14 crore from 11 institutional investors at an anchor price of ₹146 per share. The anchor book comprises 87,76,869 equity shares.
Edelweiss Life Insurance Company Limited was the sole life insurance participant, receiving 11.71%. The allocation was led by Astorne Capital VCC – Arven at 23.41%, followed by RGSL Investment Fund – RGSL Investment LVF I at 9.36%, and Craft Emerging Market Fund PCC (Citadel Capital Fund and Elite Capital Fund), Sunrise Investment Trust, Necta Bloom VCC (Regal Fund and Necta Bloom One), and LRSD Securities, each around 7.80%. Rajasthan Global Securities Private Limited and ASAS Global Fund Incorporated VCC Sub Fund rounded out the allocation.
LCC Projects IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| LCC Projects | N/A | N/A | 32.24% | N/A |
| Vishnu Prakash | N/A | N/A | N/A | N/A |
| Enviro Infra | N/A | 19.1 | 15.28% | N/A |
Contact Information
Contact Details
LCC Projects
+91 79 4848 4453
‘B’ Wing, 15th Floor, Privilon Building, Vikram Nagar Ambli Bopal Road, Behind ISKCON Temple, Ahmedabad, Gujarat, 380058
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
LCC Projects IPO is a book-built IPO worth ₹427.14 crore. The price band is ₹139–₹146 per share. The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd is the registrar.
The price band of LCC Projects IPO is ₹139 to ₹146 per share.
The lot size of LCC Projects IPO is 102 shares.
The minimum investment for LCC Projects IPO is approximately ₹14,892 based on the upper price band .
LCC Projects IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.
The allotment date of LCC Projects IPO is Sep 15, 2026.
LCC Projects IPO is expected to be listed on Sep 17, 2026, on BSE and NSE .
LCC Projects IPO GMP today is ₹37 per share (a 25% premium over the ₹146 upper price band) as of 10 Sep 2026, 12:00 PM IST. The indicative listing price is ₹183 (₹146 upper price band + ₹37 GMP).
LCC Projects IPO valuation snapshot: P/E 14.76, EPS ₹9.89/-, P/B 4.47, RoNW 32.24%, and market cap ₹4,229.20 Cr.
To apply for LCC Projects IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of LCC Projects IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for LCC Projects IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check LCC Projects IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the LCC Projects IPO allotment status on IPO Ji for quick and easy access.

|
Offer Date |
Sep 09 - Sep 11, 2026 |
|
Offer Price |
₹ 139-146 |
|
Lot Size |
102 |
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