
Infrastructure & Construction · NSE / BSE
Incorporated in 2017, LCC Projects Limited provides engineering, procurement, and construction (EPC) services primarily in the irrigation and water supply segment, executing projects such as dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water supply schemes, and other related EPC works. As of September 30, 2024, the company’s order book comprised 68 projects, with the Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi-Village Scheme, and Gandhi Sagar-1 Multi-Village Scheme being the top three projects. Historically, LCC Projects has executed notable works including the Tawa Left Bank Canal, Parbati Dam Project, Dudhai Sub-Branch Canal Project, and the Akot Lift Irrigation Scheme, and expanded its geographic presence from eight states in FY22 to 11 states by September 30, 2024, covering Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Himachal Pradesh, and Haryana, with a workforce of 1,788 permanent employees as of the six months ended September 30, 2024.
Price Band
₹139 – ₹146
Issue Size
₹2925.62 L Cr
Lot Size
102 shares
GMP
+24.7%
Est. Listing
₹182
at current GMP
Subscribed
49.57x
overall
Open
9 Sep 2026
Close
11 Sep 2026
Allotment
15 Sep 2026
Refund
16 Sep 2026
Demat Credit
17 Sep 2026
Listing
17 Sep 2026
Overall Subscription
49.57x
Total Demand
QIB Multiplier
78.73x
Institutions & Funds
NII / HNI
64.91x
High Net-Worth
Retail (RII)
26.34x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,851,247 | 460,657,806 | 78.73x |
| NIB | 4,388,435 | 284,856,624 | 64.91x |
| HNIs(10L +) | 2,925,623 | 180,027,960 | 61.53x |
| HNIs (2-10L) | 1,462,812 | 104,828,664 | 71.66x |
| RETAIL | 10,239,681 | 269,718,192 | 26.34x |
| Total | 24,867,798 | 1,300,089,246 | 49.57x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 100,389 | 2,407,608 | 23.98x |
| HNIs(10L +) | 2,049 | 24,923 | 12.16x |
| HNIs (2-10L) | 1,024 | 71,776 | 70.09x |
| Total Applications | 103,462 | 2,504,307 | 24.21x |
LCC Projects Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹2,92,56,232 Crores. The shares are offered at a price band of ₹139 to ₹146 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-11, the basis of allotment is scheduled to be finalized on 2026-09-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The LCC Projects Limited IPO aggregate issue size is ₹2,92,56,232 Crores with an equity price band set at ₹139 to ₹146 per equity share. The retail lot size is 102 shares requiring a minimum capital outlay of approx. ₹14,892.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-09-15.