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Home IPOs LCC Projects Ltd
LC
LCC Projects Ltd
UPCOMING NSE & BSE Bookbuilding IPO Fresh capital cum OFS
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹146
Issue Price: ₹ 146
Issue Price
₹146
Face Value
₹5
Lot Size
102 shares
Open Date
09 Sep 2026
Close Date
11 Sep 2026
Allotment
15 Sep 2026
Listing Date
17 Sep 2026
Exchange
NSE & BSE
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 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
Purpose Amount (₹ Cr)
Purchase of equipment ₹15
Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company ₹180
General corporate purposes
Lead Managers
Motilal Oswal Investment Advisors Ltd
Financial Summary Amount in ₹ Crores
Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Total Assets 2,448 1,727 1,130
Revenue 3,639 2,941 2,450
PAT 286 224 122
EBITDA 520 401 241
Net Worth 888 605 383
Reserves 752 469 349
Total Borrowing 861 650 422
Key Financial Ratios
ROE
32
ROCE
27
RONW
32
PAT Margin
8
EBITDA Margin
14
Debt/Equity
1
P/BV
4
Issue Details
Pre-Issue Shareholding
272,000,000 shares
Post-Issue Shareholding
289,671,232 shares
IPO Analytics Dashboard
LIVE
IPO Insights
📊
Valuation
Strong
IPO Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB Not more than 50% of the Net Offer
💼 NII / HNI Not more than 50% of the Net Offer
👤 Retail (RII) Not less than 15% of the Net Offer

* Amount calculated at upper price band (₹146) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 102
Min. Investment ₹14,892
💼 HNI Investors ?
Min. Lots 14
Min. Shares 1,428
Min. Investment ₹208,488
🏛️ bHNI (>₹10L) ?
Min. Lots 68
Min. Shares 6,936
Min. Investment ₹1,012,656
Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 11
Post-Issue EPS ?
₹ 10
Pre-Issue P/E ?
14 x
Post-Issue P/E ?
15 x
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 16 Sep 2026
  2. 2 📂 Credit of Shares to Demat 16 Sep 2026
Investor Interpretation
  • The IPO P/E of 15x reflects a strong valuation relative to typical market ranges.
  • Pre-issue EPS of ₹11 compares to post-issue EPS of ₹10 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

Company Info
📍 ‘B’ Wing,15th Floor, Privilon Building, Vikram Nagar AmbliBopal Road, Behind ISKCON Temple, Ahmedabad, Gujarat, 380058
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Registrar
Kfin Technologies Ltd
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