LCC Projects Limited
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₹49.7(34.04%)
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The public offering of LCC Projects Limited's is now live, with subscription applications being processed for the 2,92,56,232 Shares issue. This includes 1,76,71,232 Shares in fresh equity capital and ₹169.14 Cr in Offer for Sale shares, creating a comprehensive investment opportunity.
Investors can currently participate at prices within the ₹139 to ₹146range, with minimum application requirements of 102 shares. The active subscription period represents a critical phase in the company's public market journey.
Applications must be submitted by Sep 11, 2026 to be considered for allotment. The basis of allotment will be announced on Sep 15, 2026, with subsequent listing activities commencing on Sep 17, 2026 at the NSE, BSEtrading facility.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Leading EPC Position: LCC is one of the leading multidisciplinary EPC companies in India in irrigation and water supply projects. Its long experience and strong project execution record support its position in the infrastructure sector.
- Strong Order Book & Diversified Projects: The company had an order book of 68 projects as of September 30, 2024. Its projects cover irrigation, water supply, metro rail, mining and other infrastructure segments, providing good visibility for future revenue.
- In-House Technical Capabilities: LCC has strong in-house design and technical expertise, enabling it to execute complex EPC projects across different infrastructure sectors.
- Dependence on Government Projects: A large part of the company’s business comes from state and central government projects. Any reduction or delay in new project awards could negatively affect revenue and financial performance.
- Dependence on Successful Bidding: The company’s future growth depends on its ability to successfully bid for and win new irrigation and water supply projects. Failure to secure new projects could limit business growth.
- Project Cost Overruns: Actual project costs may be higher than estimated during the bidding process. If the company cannot recover these additional costs, it could negatively affect profits, cash flow and financial performance.
- Arjan Suja Rabari
- Laljibhai Arjanbhai Ahir
- Maya Arjan Rabari
LCC Projects Limited
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