LCC Projects Ltd IPO Details: Check ...

The Ultimate LCC Projects IPO Analysis

With more than 8.3 million hectares, India houses the largest irrigated crop land worldwide. The robust irrigation sector is projected to maintain a compound annual growth rate (CAGR) of 10.9% between FY 2023 and 2028. Amidst these trends, LCC Projects Pvt Ltd IPO is gearing up for a launch.


Motilal Oswal Investment Advisors Limited is entrusted with the LCC Projects Ltd IPO management, while KFin Technologies Limited is the registrar. View the LCC Projects IPO allotment status.


To get the complete LCC Projects IPO details, including the LCC Projects Ltd turnover, IPO size, date and more, check out the DRHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

LCC Projects Pvt Ltd IPO: Company Profile


Particulars

Descriptions

Promoters

Arjan Suja Rabari, Maya Arjan Rabari and Laljibhai Arjanbhai Ahir

Business

EPC company operating in irrigation and water supply

USP

Among the leading companies based on market share

States

11

Project types

construction of dams, hydraulic structures, pipe distribution networks, water supply schemes, etc.

Notable projects

Tawa Left Bank Canal, Dudhai Sub-Branch Canal Project, AKOT Lift Irrigation Scheme and Parbati Dam Project

Top projects

Sondwa Lift Micro Irrigation, Gandhi Sagar 1 Multi-Village Scheme and Sidhi Bansagar Multi-Village Scheme

Headquaters

Ahmedabad, Gujarat

Order book value

₹ 62,689.68 Million (as of 31 March 2024)

Competitors

Enviro Infra Engineers Limited and Vishnu Prakash R Punglia Limited


Ultimate Highlights of LCC Projects IPO

Discussed below are the main LCC Projects IPO details, including the LCC Projects Ltd share price, size, timeline and more.

  • LCC Projects IPO Date

The company filed its DRHP on 21 February 2025, and approval for the same was received on 3 July 2025. The IPO RHP and Prospectus are not live yet. Therefore, the complete IPO timeline is yet to be announced.

  • LCC Projects IPO Size


Particulars

Shares

Aggregate Value (₹ Million)

Fresh Issue 

Undisclosed

3,200.00

Offer for Sale

22,940,000

Undisclosed

Overall Issue 

Undisclosed

Undisclosed


  • LCC Projects Ltd IPO Objectives


Particulars

Amount (₹ Million)

Buying equipment

149.12

Debt repayment

2,200.00

Other corporate requirements

Undisclosed


  • LCC Projects IPO: Other Takeaways


Particulars

Description

Face value (₹)

5

Price Range (₹)

Undisclosed

Lot size (shares)

Undisclosed

Listed At 

NSE and BSE


  • LCC Projects IPO Details: Investors Categorisation


Investor

Allotment

QIBs

Maximum 50% of the issue

NII

Minimum 15% of the issue

Individual Investors

Minimum 35% of the issue


  • LCC Projects Ltd IPO: Anchor Investor


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Full payment during bid submission

LCC Projects IPO: Key Financials


Particulars

2024

2023

2022

Revenue (₹ Million)

24,389.12

12,252.67

7,808.96

Revenue Growth (%)

99.05

56.91

NA

ROCE (%)

27.63

21.92

25.56

EBITDA (₹ Million)

2,413.65

1,277.77

862.76

EBITDA Margin (%)

9.90

10.43

11.05

PAT (₹ Million)

1,219.97

682.17

353.34

PAT Margin (%)

5.00

5.57

4.52

Debt-to-Equity Ratio

1.10

1.11

0.61

ROE

31.87

26.11

18.30


Strengths and Risks of LCC Projects Ltd IPO

Discussed below are the key strengths and risks associated with the LCC Projects Pvt Ltd IPO.


Strengths

  1. Market Leaders: As of the six months ending 30 September 2024, it is among the top multidisciplinary EPC firms in India based on market share in the irrigation and water supply projects area.

  2. Project Profile: The company has a robust order book value. Moreover, through a diverse portfolio, it offers a range of solutions to clients.

  3. In-House Capacity: The company has in-house project designing capability, backed by a robust technical knowledge.

  4. Risk Management: The company has a strong risk management mechanism, starting from optimal project selection to seamless dispute redressal.


Risks

  1. Government Dependency: A significant share of projects comes from central and state governments. For example, in FY 24, 87.72% were from government departments.

  2. Successful Bids: Inability to successfully bid and acquire new projects can impact business growth.

  3. Incremental Cost: Actual expense incurred in the project might exceed that assumed in a bid, resulting in a negative impact on cash flow and operations.

  4. Customer Concentration: The top ten customers contributed 90.82% of total revenue as of the six months ending 30 September 2024.

Apply or Avoid The LCC Projects Ltd IPO

As of 6 October 2025, the LCC Projects IPO GMP is not available. However, for a complete breakdown of the LCC Projects IPO details, don’t miss out on the offer documents. 

Moreover, GMP changes often. Check the latest GMP here

You must also find the live subscription numbers. Apply now.

FAQs

1. What is the LCC Projects IPO GMP?

As of 6 October 2025, the LCC Projects IPO GMP is unavailable. However, it may change soon. For the latest sentiment, you can look for the GMP updates

2. What is the LCC Projects IPO date?

The open and closing dates of the LCC Projects IPO are still unavailable. But one can monitor live subscription details in real time.

3. What is the LCC Projects IPO size? 

The LCC Projects IPO DRHP does not contain the overall issue size. Moreover, the final issue price is not available as of 6 October 2025. Don't forget to check the allotment details. 

4. Do I need a demat account to bid for the LCC Projects IPO?

Yes, a demat account is required to bid for the LCC Projects IPO. Click here to get the ultimate list of the top demat account providers.
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