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LCC Projects SME IPO Opens: Raise ₹427 Cr | Details Inside

By Business DeskLCC Projects SME IPO Opens: Raise ₹427 Cr | Details Inside

LCC Projects SME IPO is open for subscription from Sept 9 to Sept 11, 2026. Aiming to raise ₹427.14 crore with a price band of ₹139-₹146 per share.

LCC Projects IPO Details

LCC Projects has officially opened its initial public offering for subscription, targeting a total raise of approximately 427.14 crore. The subscription window for the issue began on September 9, 2026, and is set to conclude on September 11, 2026.

  • Price Band: 139 to 146 per equity share.
  • Minimum Application: 102 shares for 14,892.
  • Retail Quota: 35% of the total issue.
  • QIB Quota: 50% of the total issue.
  • NII Quota: 15% of the total issue.

Company Operations and Reach

Established in 2017, the firm operates as an engineering, procurement, and construction entity. They focus specifically on water supply infrastructure and irrigation projects, including dams, canals, and lift irrigation schemes.

  • Geographic Expansion: Operations grew from 8 states in FY22 to 11 states by FY24.
  • Project Track Record: The company has finished 68 projects as of September 2024.

Investor Outlook

Market observers suggest that potential investors should evaluate the long-term prospects of the business while keeping a close eye on subscription trends. Monitoring the uptake across different investor categories is advised before finalizing any investment decisions.

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