LCC Projects Limited IPO
9 Sept 2026 – 11 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹142.03
- H
- ₹146.9
- L
- ₹138.8
- C
- ₹144.08
13 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹139 – ₹146
- Lot Size
- 102 shares
- Min Investment
- ₹14,892 (1 lot · 102 shares)
- Face Value
- ₹5
- Fresh Issue
- ₹258 Cr (to the company)
- Offer for Sale
- 1,15,85,000 shares (to selling holders)
- Issue Size
- Initial public offer comprising of Fresh Issue aggregating up to Rs. 2580 million and Offer for sale of up to 11,585,000 Equity shares (Including Anchor Investor portion of 87,76,869 Equity Shares)
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹36 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 16 Sept | ₹36 | +24.7% | −₹14 | ₹182 | |
| 15 Sept | ₹50 | +34.2% | −₹13 | ₹196 | |
| 14 Sept | ₹63 | +43.2% | −₹1 | ₹209 | |
| 13 Sept | ₹64 | +43.8% | −₹4 | ₹210 | |
| 12 Sept | ₹68 | +46.6% | −₹10 | ₹214 | |
| 11 Sept | ₹78 | +53.4% | +₹28 | ₹224 | |
| 10 Sept | ₹50 | +34.2% | +₹10 | ₹196 | |
| 9 Sept | ₹40 | +27.4% | +₹11 | ₹186 | |
| 8 Sept | ₹29 | +19.9% | +₹5 | ₹175 | |
| 7 Sept | ₹24 | +16.4% | — | ₹170 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 58,54,20528.0% | 27,86,31,054 | 47.6x |
| NII / HNI | 45,21,92321.6% | 24,97,41,288 | 55.23x |
| bNII · bids above ₹10L | 30,14,61614.4% | 16,32,77,826 | 54.16x |
| sNII · bids ₹2L–₹10L | 15,07,3077.2% | 8,64,63,462 | 57.36x |
| Retail | 1,05,51,15350.4% | 19,83,36,858 | 18.8x |
Bids received on NSE, as at 11-Sep-2026 19:00:57 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 11 Sept | — | — | — | 34.73x |
| 10 Sept | 1.16x | 5.33x | 4.69x | 3.84x |
| 9 Sept | 1.14x | 1.72x | 1.26x | 1.32x |
Financials
All values in ₹ crore
About LCC Projects
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.
As published in the company's own offer documents.
Lead Managers
- Motilal Oswal Investment Advisors Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 102 | ₹14,892 |
| Retail (max)most that stays under ₹2L | 13 | 1,326 | ₹1,93,596 |
| S-HNI (min)first bid over ₹2L | 14 | 1,428 | ₹2,08,488 |
| S-HNI (max)most that stays under ₹10L | 67 | 6,834 | ₹9,97,764 |
| B-HNI (min)first bid over ₹10L | 68 | 6,936 | ₹10,12,656 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 102 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 2,09,27,238 Equity Shares in multiple of 102 Equity Shares
- Max Bid (NII)
- 1,50,73,050 Equity Shares in multiple of 102 Equity Shares
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 11-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- HDFC Bank Limited and Kotak Mahindra Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- Selenium Tower B, Plot No.31 and 32, Financial District, Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032, Telangana, India
- Contact
- M. Murali Krishna, +91 40 6716 2222, lccpl.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of LCC Projects Limited IPO today?
The latest grey market premium for LCC Projects Limited IPO is ₹36. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of LCC Projects Limited IPO?
The price band is ₹139 – ₹146, with a lot size of 102 shares. The minimum investment is ₹14,892.
When does LCC Projects Limited IPO open and close?
The issue opens on 9 Sept 2026 and closes on 11 Sept 2026. Listing is expected on 17 Sept 2026.
Who is the registrar for LCC Projects Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.