LCC Projects IPO Day 1: Subscription Status, Timeline & Key Issue Details

LCC Projects Ltd.'s ₹427.14  crore initial public offering (IPO) opened for public subscription today, September 9, 2026, with a price band of ₹139 to ₹146 per share. As of 10:06 A.M on the first day of bidding, the issue had been subscribed 0.01 times.

The IPO will remain open for subscription until September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 17, 2026.

LCC Projects IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹427.14 crore
• Fresh Issue: Up to ₹258.00 crore 
• Offer for Sale (OFS): Up to ₹169.14 crore
• Face Value: ₹5 per equity share
• Price Band: ₹139 to ₹146 per share
• Lot Size: 102 shares
• Minimum Investment Amount (Retail Investor): ₹14,892 (102 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: Motilal Oswal Investment Advisors Limited
• Registrar: KFin Technologies Limited

LCC Projects IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

LCC Projects IPO Day 1 Subscription Status

[September 9, 2026, 10:06 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Purchase of equipment
• Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
• General corporate purposes.

About LCC Projects Limited

Incorporated in 2017, LCC Projects Limited is a multidisciplinary engineering, procurement and construction (EPC) company focused on irrigation and water supply infrastructure. Backed by more than two decades of execution expertise, it has completed dams, barrages, canals, hydraulic structures, lift irrigation systems, pipeline distribution networks, and water supply projects across 12 states in India.

The company's EPC segment accounted for nearly 99.8% of its revenue in Fiscal 2026, highlighting its primary business focus. As of March 31, 2026, LCC Projects had an order book of 103 projects, driven mainly by large irrigation and multi-village water supply works, while also expanding into metro rail construction and mining development & operations (MDO) projects.

Key Financial Highlights 

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