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Latest GMP
- Lead Manager
- Motilal Oswal Investment Advisors Limited
- IPO Registrar
- KFin Technologies Limited
- IPO Open Date
- 9th Sep 2026
- IPO Close Date
- 11th Sep 2026
- Allotment date
- 15th Sep 2026
- Listing date
- 17th Sep 2026
- Issue Size
- ₹ 427 Cr.
- Issue Price Band
- ₹ 139 to 146
- Lot Size
- 102 Share
- Minimum Investment
- ₹ 14892
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About LCC Projects Limited
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.
Order Book
As of September 30, 2024, the company’s Order Book comprises 68 projects, of which the top three projects are:
- Sondwa Lift Micro Irrigation Project
- Sidhi Bansagar Multi-Village Scheme
- Gandhi Sagar 1 Multi-Village Scheme
Past Project Experience
The company has previously executed notable projects, such as the construction of Tawa Left Bank Canal, Parbati Dam Project, Dudhai Sub Branch Canal Project, and AKOT Lift Irrigation Scheme.
Geographic Presence
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.
Workforce
As of the six months ending September 30, 2024, the company had 1,788 permanent employees.
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 58,54,205 (27.97%) | 46,06,57,806 | 78.69 |
| NII | 45,21,923 (21.61%) | 28,48,56,624 | 62.99 |
| bNII (> ₹10L) | 30,14,616 (14.41%) | 18,00,27,960 | 59.72 |
| sNII (< ₹10L) | 15,07,307 (7.20%) | 10,48,28,664 | 69.55 |
| Retail | 1,05,51,153 (50.42%) | 26,97,18,192 | 25.56 |
| Total | 2,09,27,281 (100.00%) | 1,01,52,32,622 | 48.51 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 11-09-2026 | ₹146 | ₹55 | ₹201 ( 37.67% ) | ₹5,610.00 | 11-Sep-2026 04:09 PM |
| 10-09-2026 | ₹146 | ₹45 | ₹191 ( 30.82% ) | ₹4,590.00 | 10-Sep-2026 10:14 AM |
| 09-09-2026 | ₹146 | ₹40 | ₹186 ( 27.40% ) | ₹4,080.00 | 09-Sep-2026 10:20 AM |
| 08-09-2026 | ₹146 | ₹25.5 | ₹171.5 ( 17.47% ) | ₹2,601.00 | 08-Sep-2026 10:16 AM |
| 05-09-2026 | ₹146 | ₹17 | ₹163 ( 11.64% ) | ₹1,734.00 | 05-Sep-2026 10:11 AM |
Financials of LCC Projects Limited
A quick overview of the key financial performance of LCC Projects Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 23%, Profit after Tax (PAT) increased by 28%, Total Assets increased by 42% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 2,438.91 | 2,918.29 | 3,600.25 |
| Assets | 1,129.99 | 1,727.46 | 2,447.54 |
| Total Income | 2,449.79 | 2,941.01 | 3,639.45 |
| Profit After Tax | 122.00 | 223.63 | 286.44 |
| EBITDA | 241.37 | 401.04 | 519.90 |
| Net Worth | 382.83 | 604.99 | 888.41 |
| Reserves & Surplus | 348.83 | 468.99 | 752.41 |
| Total Borrowings | 421.64 | 746.77 | 860.65 |
IPO 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
| 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 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 32.24 |
| ROCE (%) | 27.13 |
| Debt / Equity | 0.97 |
| RoNW (%) | 32.24 |
| PAT Margin (%) | 7.96 |
| EBITDA Margin (%) | 14.44 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
10.42
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
82
-
|
IPO Lead Manager(s)
Lead Manager Details
- Motilal Oswal Investment Advisors Limited
- Contact Person: Kunal Thakkar / Sankita Ajinkya
- SEBI Registration Number: INM000011005
- Investor Grievance Email: moiaplredressal@motilaloswal.com
- Website: https://www.motilaloswal.com
- Email: lccprojects.ipo@motilaloswal.com
- Phone: +91 22 7193 4380
- Address: Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai 400 025, Maharashtra, India
IPO Registrar
- Registrar Name
- KFin Technologies Limited
- lccpl.ipo@kfintech.com
- Phone
- +91 40 6716 2222 / 1800 309 4001
- Contact Person
- M. Murali Krishna
- SEBI Registration Number
- INR000000221
- Address
- Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad 500032, Telangana, India
- Website
- https://www.kfintech.com/
Company Contact Details
- Company Name
- LCC Projects Limited
- cs@lccprojects.com
- Phone
- +91 79 4848 4453
- Contact Person
- Gayatri Desai
- Corporate Identity Number
- U45500GJ2017PLC100301
- Address
- LCC Corporate House, B/S GTPL House, Sindhu Bhavan Road, Bodakdev, Ahmedabad - 380 054, Gujarat, India
- Website
- https://www.lccprojects.com
LCC Projects Limited FAQs
