LCC Projects Limited IPO — Subscription & GMP
- Price band
- ₹139 – ₹146
- Lot size
- 102
- Issue size
- ₹440.13 Cr
- Bidding
- 09 Sept 2026 → 11 Sept 2026
- Allotment
- —
- Listing
- —
Schedule
- 09 Sept 2026IPO open date
- 11 Sept 2026IPO close date
- 14 Sept 2026Allotment date†
- 14 Sept 2026Funds unblock or debit†
- 16 Sept 2026Tentative listing date†
† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.
Fundamentals
The business, its valuation and returnsLCC Projects Limited - Business Model Summary
LCC Projects Limited operates as a multidisciplinary Engineering, Procurement, and Construction (EPC) contractor specializing primarily in large-scale public infrastructure, water management, and heavy civil construction projects.
Core Segments & Execution Model
1. Sector Specialization: - Water Infrastructure: Focuses heavily on irrigation, dams, barrages, lift irrigation systems, pipe distribution networks, and multi-village rural drinking water supply schemes. - Civil & Transportation Infrastructure: Undertakes construction of roads, highways, bridges, metro rail viaducts/stations, and industrial structures. - Emerging Verticals: Expanding into specialized heavy infrastructure areas such as Mining Development and Operations (MDO).
2. Bidding & Contract Lifecycle: - Government Client Base: Secures long-term contracts predominantly through competitive bidding tenders floated by central and state government agencies, semi-government bodies, and public sector undertakings. - End-to-End Capabilities: Manages the entire project lifecycle internally, combining in-house engineering design, resource mobilization, raw material procurement, and heavy equipment deployment to execute and commission projects.
Revenue Streams Revenue is generated through fixed-price or milestone-based construction contracts awarded via public tenders, where payments are released by government bodies progressively based on project execution phases and milestone completions.
Grey market premium
Unofficial · not from any exchangeUpper band ₹146 + GMP ₹14 implies a listing around ₹160 (+9.59%). That is what the grey market is pricing, not a forecast.
Subscription status
Live from exchange · fetched 10 min agoSource: NSE issue information · BSE public issue
Allotment status
Issue details
- Price band
- ₹139 – ₹146
- Lot size
- 102 shares
- Min. bid quantity
- 102
- Face value
- ₹5.00
- Tick size
- ₹1.00
- Shares offered
- 3.01 Cr
- Issue size
- ₹440.13 Cr
- Max bid · QIB
- 3.01 Cr
- Max bid · NII
- 1.51 Cr
Timeline & process
- Bidding opens
- 09 Sept 2026
- Bidding closes
- 11 Sept 2026
- Allotment
- —
- Listing
- —
Intermediaries
- Registrar
- Kfin Technologies Limited
- Sponsor bank
- HDFC BANK
- Lead managers
- Motilal Oswal Investment Advisors Limited