Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of LCC Projects Ltd. on July 3, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
LCC Projects Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to LCC Projects IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Feb 21, 2025 |
| SEBI/Exchange approval received | Thu, Jul 3, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 15% of the Net Offer |
| NII Shares Offered | Not more than 50% of the Net Offer |
Incorporated in 2017, LCC Projects Limited offers engineering, procurement and construction (“EPC”) services in the irrigation and water supply projects segment. The company has executed projects in the irrigation and water supply segment, such as the construction of dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water supply schemes, and other EPC projects.
As of September 30, 2024, the company's Order Book comprises 68 projects, of which Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi – Village Scheme, and Gandhi Sagar 1 Multi-Village Scheme are the top three projects.
In the past, LCC have also executed notable projects, such as the construction of Tawa Left Bank Canthe al, Parbati Dam Projthe ect, Dudhai Sub Branch Canal Projectthe and AKOT Lift Irrigation Scheme.
The company expanded its operations from eight states in Fiscal 2022 to 11 states by September 30, 2024, namely, Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Himachal Pradesh and Haryana.
As of the six months ending September 30, 2024, the company had 1,788 permanent employees.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,453.94 | 1,129.99 | 803.61 | 473.29 |
| Total Income | 1,484.54 | 2,449.79 | 1,234.64 | 796.22 |
| Profit After Tax | 117.95 | 122.00 | 68.22 | 35.33 |
| NET Worth | 500.06 | 382.83 | 261.23 | 193.11 |
| Reserves and Surplus | 466.06 | 348.83 | 227.23 | 159.11 |
| Total Borrowing | 741.11 | 469.06 | 324.73 | 155.86 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 31.87% |
| ROCE | 27.63% |
| Debt/Equity | 1.10 |
| RoNW | 31.87% |
| PAT Margin | 5.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.49 | |
| Promoter Holding | 100% |
Lead Manager Reports
LCC Projects IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The LCC Projects IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in LCC Projects IPO using UPI as a payment gateway. Zerodha customers can apply in LCC Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in LCC Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The LCC Projects IPO dates are not announced. Please check back again after some time.
LCC Projects IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in LCC Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for LCC Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the LCC Projects IPO allotment status.
The LCC Projects IPO listing date is not yet announced. The tentative date of listing is .
