LCC Projects IPO Subscription Status
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LCC Projects IPO Details
Market capitalisation is the post-issue share count in the offer document’s capital structure (28,96,71,232 shares) multiplied by the upper end of the price band, ₹146. It is arithmetic on those two filed figures, not a valuation.
LCC Projects IPO Objects of the Offer what the fresh issue funds
| Object of the offer | ₹ crore |
|---|---|
| Purchase of equipment | ₹14.69 |
| Prepayment and/or repayment, in full or in part, of certain outstanding borrowings | ₹180 |
| General corporate purposes | — |
As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.
LCC Projects Financials ₹ in crore
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹2,449.79 | ₹2,941.01 | ₹3,639.45 |
| Expenses | ₹2,241.87 | ₹2,647.56 | ₹3,260.12 |
| Net profit (PAT) | ₹122 | ₹223.63 | ₹286.44 |
| PAT margin | 5.0% | 7.6% | 7.9% |
| Total assets | ₹1,129.99 | ₹1,727.46 | ₹2,447.54 |
LCC Projects IPO Valuation and Listed Peers as stated in the offer document
| Company | P/E | EPS | RoNW | NAV / share |
|---|---|---|---|---|
| LCC Projects this issue, at ₹146 | — | ₹10.42 | 32.24% | ₹32.66 |
| Vishnu Prakash R Punglia Limited | — | −₹12.04 | — | ₹50.54 |
| Enviro Infra Engineers Limited | 19.14× | ₹10.42 | 15.28% | ₹70.23 |
The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies LCC Projects names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.
LCC Projects Shareholding before & after the IPO
The founding owners and their group entities.
The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. No red herring prospectus states a post-issue register — every post-Offer column in one reads “[•], to be included in the Prospectus, subject to finalisation of Basis of Allotment”. So the second ring is worked out from the offer’s own structure. The fresh issue creates shares and dilutes everyone (₹2,580.00 million fresh issue ÷ ₹146 upper band); an offer for sale creates none, and moves the promoters’ holding only by what the promoters themselves sell — 272,000,000 held before the offer − 11,585,000 offered for sale by the promoters. Shares sold by an investor or any other shareholder reach the public without touching the promoter block. Projected at the upper end of the price band, and subject to the basis of allotment. Pre-issue percentages are taken from the disclosure, never estimated.
LCC Projects IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹146 |
|---|---|---|
| Retail (min)1 lot | 102 | ₹14,892 |
| Retail (max)13 lots | 1,326 | ₹1,93,596 |
| sHNI (min)14 lots | 1,428 | ₹2,08,488 |
| bHNI (min)68 lots | 6,936 | ₹10,12,656 |
One lot is 102 shares, so a single application at the ₹146 cut-off costs ₹14,892. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About LCC Projects
LCC Projects Limited is an engineering, procurement, and construction (EPC) company headquartered in Ahmedabad, Gujarat. The company focuses on irrigation and water management business, constructing dams, barrages, hydraulic structures, canals, pipe distribution networks, and lift irrigation works. Its main customers are state and central government departments.
LCC Projects IPO Strengths & Risks as disclosed in the DRHP
How to check LCC Projects IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For LCC Projects Limited, the registrar is Kfin Technologies Limited — allotment is finalised in the days between the issue closing on 11 Sept 2026 and listing on 17 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
LCC Projects IPO Subscription Status FAQs
How many times is LCC Projects IPO subscribed?
As of 12 Sept, 3:37 am the LCC Projects Limited IPO is subscribed 48.51× overall: QIB 78.69×, non-institutional 62.99× and retail 25.56×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the LCC Projects IPO retail subscription status?
The retail portion is subscribed 25.56× as of 12 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check LCC Projects IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
How was LCC Projects IPO subscribed day by day?
Overall subscription at the end of each bidding day — day 1 (9 September 2026): 1.32×, day 2 (10 September 2026): 3.84×, day 3 (11 September 2026): 48.51×, day 4 (12 September 2026): 48.51× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
LCC Projects IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the LCC Projects IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (11 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹36 on a ₹146 upper band means the grey market is dealing at ₹182.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.