LCC Projects Limited

MainboardlistedNSE · BSE

09 Sep 2026 – 11 Sep 2026

LISTED

Offer Price

₹139–146

Bid lot

102

Min Application

₹14,892

Issue Size

₹259 Cr

Key dates

Open date

09 Sep 2026

Done

Close date

11 Sep 2026

Done

Basis of allotment

15 Sep 2026

Done

Initiation of refunds

15 Sep 2026

Done

Credit to demat

15 Sep 2026

Done

Listing date

17 Sep 2026

Done

Issue reservation

₹259 Cr

QIB 50.1%10.02%5.01%Retail 35.07%

QIB

88.5 L sh · ₹129.76 Cr

50.1%

HNI (10L+)

17.7 L sh · ₹25.95 Cr

10.02%

HNI (2-10L)

8.9 L sh · ₹12.98 Cr

5.01%

Retail

62.0 L sh · ₹90.83 Cr

35.07%

Applications required for 1× subscription

Retail (≤₹2L)

60,754 forms

S-HNI (₹2–10L)

620 forms

B-HNI (>₹10L)

255 forms

From this issue's reservation split and lot size — the minimum bid each category can place.

BRLM: Motilal Oswal Investment Advisors Limited

Lot ladder — how much to bid

1 lot = 102 shares

Retail · Up to ₹2 L1–13 lots

Min · 1 lot

102 sh · ₹14,892

Max · 13 lots

1,326 sh · ₹1,93,596

S-HNI · ₹2 L to ₹10 L14–67 lots

Min · 14 lots

1,428 sh · ₹2,08,488

Max · 67 lots

6,834 sh · ₹9,97,764

B-HNI · Above ₹10 L68+ lots

Min · 68 lots

6,936 sh · ₹10,12,656

Entry point

₹10,12,656 onward

Issue details

Lead managersMotilal Oswal Investment Advisors Limited

Fresh issue1,76,71,233 sh · ₹258 Cr

Offer for sale34,247 sh · ₹1 Cr

Face value₹10

Listing onNSE · BSE

RegistrarKfin Technologies Ltd.

Grey-market sentiment

Premium / share

+₹56

Est. listing price₹202

Est. listing gain+38.4%

⚠ Grey-market premium is unofficial, unregulated and not investment advice. 7-day trend shown.

Financials

Particulars	FY26	FY25	FY24
Assets	2,447.54	1,727.46	1,129.99
Total Income	3,639.45	2,941.01	2,449.79
PAT	286.44	223.63	122
Net Worth	888.41	604.99	382.83
Reserves & Surplus	752.41	468.99	348.83
Total Borrowing	860.65	649.55	422.3

Objects of the issue

Debt Repayment: ₹180 crore for full/partial repayment of outstanding borrowings.
Equipment Purchase: ₹14.69 crore for construction and operational equipment.
General Corporate Purposes: Remaining proceeds for general corporate and operational needs.

About the company

Incorporated in 2017, LCC Projects Limited is an EPC company focused on irrigation and water supply projects. Its portfolio includes dams, barrages, canals, hydraulic structures, pipe distribution networks, lift irrigation and water supply schemes.

As of March 31, 2026, the company had an order book of 103 projects, led by the Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi-Village Scheme and Gandhi Sagar 1 Multi-Village Scheme. It has also executed projects such as Tawa Left Bank Canal, Parbati Dam and AKOT Lift Irrigation Scheme.

The company expanded its presence to 12 states by March 2026 and had 2,093 permanent employees.

Company strengths

Strong Order Book: ₹7,953 crore order book, with 83.3% from irrigation and water supply projects.
Consistent Growth: 21.5% revenue CAGR during FY24–FY26, backed by 80+ government projects.
Strong Execution: Presence across 12 states, supported by in-house equipment, precast facilities and ~698 technical professionals.

Promoters

Arjan Suja RabariLaljibhai Arjanbhai Ahir & Maya Arjan Rabari

Registered office & contact

LCC Projects Limited

Address - ‘B’ Wing,15th Floor, Privilon Building,

Vikram Nagar AmbliBopal Road,

Behind ISKCON Temple,

Ahmedabad, Gujarat, 380058

400013

📞 +91 79 4848 4453

✉️ cs@lccprojects.com

Documents

RHPOpen ↗

DRHPOpen ↗

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply

1Create your account & log inSign up on Investoyard and complete a quick KYC.

2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.

3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.

4Approve the UPI mandateYou receive a fund-block request on your UPI app.

5DoneFunds stay blocked until allotment, then auto-debited (or released).

Frequently asked questions

What is the minimum investment in the LCC Projects Limited IPO?

One lot of 102 shares — ₹14,892 at the upper price band of ₹146.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-17 on NSE / BSE.

₹139–146

Applications are closed.