LCC Projects Ltd.
Price band ₹139–146 · Issue ₹427.14 Cr
Market attention score 30 (how ranked)
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Capital required
Approximate retail outlay for LCC Projects Ltd. at the issue price band (lot × lots).
Est. capital
₹14,178 – ₹14,892
Lot size 102 · up to ₹146/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
9 Sept 2026
Closes
11 Sept 2026
Allotment
—
Listing
17 Sept 2026
Lot size
102
At a glance
IPO Open Wed, Sep 9, 2026 IPO Close Fri, Sep 11, 2026 Price Band ₹139 to ₹146 Market Cap * ₹4,229.20 Cr * on Upper Price IPO Details IPO Date 9 to 11 Sep, 2026 Listing Date Thu, Sep 17, 2026 T Face Value ₹ 5 per share Price Band ₹139 to ₹146 Lot Size 102 Shares Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 2,92,56,232 shares (agg. up to ₹ 427 Cr) Fresh Issue 1,76,71,232 shares (agg. up to ₹ 258 Cr) Offer for Sale 1,15,85,000 shares of ₹ 5 (agg. up to ₹ 169 Cr) Share Holding Pre Issue 27,20,00,000 shares Share Holding Post Issue 28,96,71,232 shares IPO Timetable (Tentative) IPO Open Wed, Sep 9, 2026 IPO Close Fri, Sep 11, 2026 Allotment Tue, Sep 15, 2026 Refund Wed, Sep 16, 2026 Credit of Shares Wed, Sep 16, 2026 Listing Thu, Sep 17, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Net Offer Retail Not less than 15% of the Net Offer NII Not more than 50% of the Net Offer IPO Lot Size Investors can bid for a minimum of 102 shares and in multiples thereof. Application Lots Shares Amount Retail (Min) 1 102 ₹14,892 Retail (Max) 13 1,326 ₹1,93,596 S-HNI (Min) 14 1,428 ₹2,08,488 S-HNI (Max) 67 6,834 ₹9,97,764 B-HNI (Min) 68 6,936 ₹10,12,656 IPO Subscription Details About LCC Projects Ltd. Updated on Sep 4, 2026 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 September 30, 2024, the company's Order Book comprises 68 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.
Overview
LCC Projects IPO is a book build issue of ₹427.14 crores. The issue is a combination of fresh issue of 1.77 crore shares aggregating to ₹258.00 crores and offer for sale of 1.16 crore shares aggregating to ₹169.14 crores.
LCC Projects IPO opens for subscription on Sep 9, 2026 and closes on Sep 11, 2026. The allotment for the LCC Projects IPO is expected to be finalized on Sep 15, 2026. LCC Projects IPO will list on NSE and BSE with a tentative listing date fixed as Sep 17, 2026.
LCC Projects IPO is set issue price band at ₹139 to ₹146 per share. The lot size for an application is 102 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,892 (102 shares) (based on upper price).
Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to LCC Projects IPO RHP for detailed Information.
Issue details
IPO Date
9 to 11 Sep, 2026
Listing Date
Thu, Sep 17, 2026T
Face Value
₹5 per share
Price Band
₹139 to ₹146
Lot Size
102 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 102 | ₹14,892 |
| Retail (Max) | 13 | 1,326 | ₹1,93,596 |
| S-HNI (Min) | 14 | 1,428 | ₹2,08,488 |
| S-HNI (Max) | 67 | 6,834 | ₹9,97,764 |
| B-HNI (Min) | 68 | 6,936 | ₹10,12,656 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 15% of the Net Offer |
| NII | Not more than 50% of the Net Offer |
About the company
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 September 30, 2024, the company's Order Book comprises 68 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 2022 to 11 states by September 30, 2024, namely, Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Himachal Pradesh and Haryana.
As of the six months ending September 30, 2024, the company had 1,788 permanent employees.
Financials
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,453.94 | 1,129.99 | 803.61 | 473.29 |
| Total Income | 1,484.54 | 2,449.79 | 1,234.64 | 796.22 |
| Profit After Tax | 117.95 | 122.00 | 68.22 | 35.33 |
| NET Worth | 500.06 | 382.83 | 261.23 | 193.11 |
| Reserves and Surplus | 466.06 | 348.83 | 227.23 | 159.11 |
| Total Borrowing | 741.11 | 469.06 | 324.73 | 155.86 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 31.87% |
| ROCE | 27.63% |
| Debt/Equity | 1.10 |
| RoNW | 31.87% |
| PAT Margin | 5.00% |
| NAV | 14.07 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
4.49
Market Cap at Offer Price
-
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 89.9% |
| Public | 10.10% | |
| Total | 100% | 100% |
Objects of the issue
- — Purchase of equipment
- — Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company
- — General corporate purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Motilal Oswal Investment Advisors Ltd.
FAQs
How to apply in LCC Projects IPO through Zerodha?+
Zerodha customers can apply online in LCC Projects IPO using UPI as a payment gateway. Zerodha customers can apply in LCC Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in LCC Projects IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' LCC Projects IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When LCC Projects IPO will open?+
The LCC Projects IPO opens on Wed, Sep 9, 2026 and closes on Fri, Sep 11, 2026.
What is the lot size of LCC Projects IPO?+
LCC Projects IPO lot size is 102 , and the minimum amount required for application is ₹14,892 .
How to apply for LCC Projects IPO?+
You can apply in LCC Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is LCC Projects IPO allotment?+
The finalization of Basis of Allotment for LCC Projects IPO will be done on Tuesday, September 15, 2026 , and the allotted shares will be credited to your demat account by Wed, Sep 16, 2026 . Check the LCC Projects IPO allotment status .
When is LCC Projects IPO listing date ?+
The LCC Projects IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 17, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.