LCC Projects IPO Day 2: Subscription Status, Timeline & Key Issue Details

LCC Projects' ₹427.14 crore initial public offering (IPO) entered its second day of public subscription today, September 10, 2026, with a price band of ₹139 to ₹146 per share. As of 10:06 A.M on the second day of bidding, the issue had been subscribed 1.59 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 2 Subscription Status

[September 10, 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

LCC Projects Limited, incorporated in 2017, is a multidisciplinary engineering, procurement and construction (EPC) company specialising in irrigation and water supply infrastructure. With over two decades of project execution experience, the company has delivered dams, barrages, canals, hydraulic structures, lift irrigation systems, pipeline networks, and water supply projects across 12 states in India.

EPC is the company's primary business segment, contributing nearly 99.8% of its revenue in Fiscal 2026. As of March 31, 2026, LCC Projects had an order book comprising 103 projects, largely driven by major irrigation and multi-village water supply contracts. The company is also diversifying into areas such as metro rail construction and mining development and operations (MDO) projects.

Key Financial Highlights 

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