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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the LCC Projects Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹146
Per ShareLot Size
102 Shares
Minimum Investment
₹14,892
Issue Size
₹427.14 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
89.9%
Issue Type
Book Building
ISIN
INE1FPN01026
We are a multidisciplinary engineering, procurement and construction ("EPC") company in the irrigation and water supply projects segment from Gujarat. We are a multidisciplinary large corporate EPC company from Gujarat, poised to undertake infrastructure projects across 12 states in India. Over a period of two decades (including projects undertaken through the partnership firm prior to conversion to our Company), we have executed a wide range of projects in the irrigation and water supply segment such as construction of dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water supply schemes, and other EPC projects.
As per the ICRA Report, the irrigation sector of India is projected to achieve healthy growth with a forecasted CAGR of 10.9% expected during FY2023-28. India has one of the largest irrigated crop areas globally, covering 8.3 million hectares, while boasting the second-largest arable land area, encompassing 159.7 million hectares. This offers potential for development and investment in the nation's irrigation sub-sector. Further, India's infrastructure (including railways, tunnelling, mining and urban infrastructure) is experiencing a substantial growth and is projected to showcase robust growth till Fiscal 2030.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 29,256,232 equity shares of face value of Rs. 5 each ("Equity Shares") of LCC Projects Limited ("Company" or "Issuer") for cash at a price of Rs. 146 per equity share (including a share premium of Rs. 141 per equity share) ("Offer Price") aggregating to Rs. 427.14 Crores (the "Offer") comprising of a fresh issue of 17,671,232 equity shares of face value of Rs. 5 each aggregating to Rs. 258.00 Crores ("Fresh Issue") and an offer for sale of 11,585,000 equity shares of face value of Rs. 5 each ("Offered Shares") aggregating to Rs. 169.14 Crores comprising of 5,792,500 equity shares of face value of Rs. 5 each by Arjan Rabari aggregating to Rs. 84.57 Crores and 5,792,500 equity shares of face value of Rs. 5 each by Laljibhai Arjanbhai Ahir aggregating to Rs. 84.57 Crores (Collectively, "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The company, in consultation with the brlm, may consider a further issue of specified securities through a preferential offer or any other method as may be permitted in accordance with applicable law to any person(s), of up to [*] equity shares for an amount aggregating up to Rs. 64.00 crores, at its discretion, prior to filing of the ("Pre-ipo placement"). if the pre-ipo placement is completed, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer complying with Rule 19(2)(b) of the securities contracts (Regulation) rules, 1957, as amended ("scrr"). prior to the completion of the offer, the company. Price Band: Rs. 146 per equity share of face value of Rs. 5 each. The floor price 29.20 times the face value of the equity shares, respectively. Bids can be made for a minimum of 102 equity shares of face value of Rs. 5 each and in multiples of 102 equity shares of face value of Rs. 5 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally converted from a partnership firm, registered under the Indian Partnership Act, 1932 under the name and style of M/s. Laxmi Construction Co. to LCC Projects Private Limited, a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated December 28, 2017, issued by the Registrar of Companies, Central Registration Centre ("RoC"). Subsequently, our Company was converted from a private company to a public company, pursuant to a resolution passed by our Shareholders at the extraordinary general meeting held on November 14, 2024, following which the name of our Company was changed from "LCC Projects Private Limited" to "LCC Projects Limited" and a fresh certificate of incorporation was issued by Registrar of Companies, Central Registration Centre on December 5, 2024.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.