LCC Projects Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

09 Sep 2026

Close Date

11 Sep 2026

Allotment

15 Sep 2026

Listing Date

17 Sep 2026

Exchange

NSE & BSE

Price Band

₹146

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹146

Per share

Face Value

₹5 per share

Lot Size

102 Shares

per lot

Issue Size

2,92,56,232 shares (agg. up to ₹427 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,892

1 lot

Pre-IPO Holding

27,20,00,000 shares

Promoters

Post-IPO Holding

28,96,71,232 shares

Promoters

P/E (Pre)

13.87x

P/E (Post)

14.76x

EPS (Pre)

₹10.53

EPS (Post)

₹9.89

UPI Deadline

5:00 PM on 11 Sep 2026

Mandate

GMP

+₹43

+29.45% est.

Anchor AllotmentTue, 08 Sep 2026

Basis of AllotmentTue, 15 Sep 2026

Refund InitiationWed, 16 Sep 2026

Demat CreditWed, 16 Sep 2026

Listing DayThu, 17 Sep 2026

UPI Mandate Deadline5:00 PM on 11 Sep 2026

Sale TypeFresh capital cum OFS

Fresh Issue Shares1,76,71,232 shares (agg. up to ₹258 Cr)

Offer for Sale1,15,85,000 shares of ₹5 (agg. up to ₹169 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

LCC Projects Ltd IPO subscribed 34.76 times overall. Retail: 25.81x. QIB: 32.05x. NII: 64.64x. By 11 Sep 2026.

QIB

32.05x

Over

NII/HNI

64.64x

Over

Retail

25.81x

Over

Total

34.76x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 32.05x	14,628,115	—	₹213.57
NII / HNI	Over 64.64x	4,388,435	—	₹64.07
Retail	Over 25.81x	10,239,682	—	₹149.50
Total	34.76x	29,256,232	100%	₹427.14

IPO Shares Offered

LCC Projects Ltd IPO total issue size: ₹427.14 Cr. Retail: ₹149.50 Cr. QIB: ₹213.57 Cr. NII: ₹64.07 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
QIB	14,628,115	₹213.57	50.00%
NII	4,388,435	₹64.07	15.00%
Retail	10,239,682	₹149.50	35.00%
Total	29,256,232	₹427.14	100.00%

* Based on upper price band ₹146 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	4,388,435	10,239,682	14,628,117
Allotment price (₹)	146	146	146	146	146	146	146	146
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹149.50	₹149.50
Times subscribed	32.05x	—	—	—	—	64.64x	25.81x	34.76x
Shares allotted	—	—	—	—	—	4,388,435	10,239,682	14,628,117
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹146 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

102

Shares per Lot

Issue Price

₹146.00

Upper Band

Min Investment

₹14,892

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	204	₹29,784
Retail (Max — 13 Lots)	13	1,326	₹193,596
S-HNI (Min — 14 Lots)	14	1,428	₹208,488
B-HNI (Min — 68 Lots)	68	6,936	₹1,012,656

* Issue Price ₹146 × Lot Size 102 shares

IPO Schedule

Anchor

08 Sep 2026

✓ Done

IPO Open

09 Sep 2026

✓ Done

IPO Close

11 Sep 2026

✓ Done

Allotment

15 Sep 2026

✓ Done

Refunds

16 Sep 2026

✓ Done

Demat Credit

16 Sep 2026

✓ Done

Listing Day

17 Sep 2026

✓ Done

₹146.00

INR · BSE

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Issue ₹146.00 GMP: +₹43 Live Price

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

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

LCC Projects Ltd Financials (Amount in ₹ Crores)

Revenue from Operations

₹2,449.8

31 Mar 2024

₹2,941.0

31 Mar 2025

₹3,639.5

31 Mar 2026

Profit After Tax (PAT)

₹122.0

31 Mar 2024

₹223.6

31 Mar 2025

₹286.4

31 Mar 2026

Particulars	31 Mar 2026	31 Mar 2025	31 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
Borrowings	860.65	649.55	422.30
EBITDA Margin (%)	14.44	—	—
PAT Margin (%)	7.96	—	—

P/BV Ratio

4.47

RoE

32.24

RoCE

27.13

RoNW

32.24

PAT Margin

7.96

EBITDA Margin

14.44

Debt/Equity

0.97

Issue Structure & Shareholding

Total Shares Offered2,92,56,232

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding27,20,00,000 shares

Post-Issue Promoter Holding28,96,71,232 shares

P/BV Ratio4.47

RoE32.24

RoCE27.13

Debt / Equity0.97

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

040-79615565

lccpl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Motilal Oswal Investment Advisors Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much LCC Projects Ltd IPO subscribed? ▲

LCC Projects Ltd IPO is subscribed 34.76 times by Sep 11, 2026. Retail: 25.81x. QIB: 32.05x. NII: 64.64x.

Investor Category	Subscription
Qualified Institutional (QIB)	32.05x
Non Institutional (NII/HNI)	64.64x
Retail Individual	25.81x
Total Subscription	34.76x

What is LCC Projects Ltd IPO retail subscription status? ▼

The LCC Projects Ltd IPO retail category is subscribed 25.81 times as of 11 Sep 2026. The retail portion is oversubscribed.

How to subscribe LCC Projects Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2026 and closes 11 Sep 2026. Min investment: ₹14,892 (1 lot = 102 shares). UPI mandate: 5:00 PM on 11 Sep 2026.

How many times LCC Projects Ltd IPO subscribed? ▼

The LCC Projects Ltd IPO subscribed 34.76x overall. QIB: 32.05x, NII: 64.64x, Retail: 25.81x. Applications: from NSE/BSE.

How to check LCC Projects Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Sep 2026. Refunds: on 16 Sep 2026.

When LCC Projects Ltd IPO will be listed? ▼

The LCC Projects Ltd IPO listing date is 17 Sep 2026, Thursday. Listed on: NSE & BSE. Issue price: ₹146. Estimated listing: ₹189. GMP: +₹43.

When LCC Projects Ltd IPO close? ▼

The LCC Projects Ltd IPO closes on 11 Sep 2026, Friday. UPI mandate: 5:00 PM on 11 Sep 2026. Allotment: 15 Sep 2026. Listing: 17 Sep 2026.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹146.00

Change—

Issue Price₹146.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹146

Face Value₹5

Lot Size102 Sh

Min. Amount₹14,892

GMP+₹43

Est. Listing₹189

Subscribed34.76x

Open Date09 Sep 2026

Close Date11 Sep 2026

Allotment15 Sep 2026

Listing Date17 Sep 2026

ExchangeNSE & BSE

UPI Deadline5:00 PM on 11 Sep 2026