LCC Projects IPO
LCC Projects Limited (LCCPROJECT) · mainboard IPO on NSE and BSE · Book Building. Listed on 17 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +4.0% (likely range -6% to +29%), day's high +7.5%, chance of a gain 92%. Actual: +29.4% at the open, +29.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 58,54,205 | 46,06,57,806 | 78.7x | |
| NII (HNI) total | 45,21,923 | 28,48,56,624 | 63.0x | |
| Big NII (above ₹10 lakh) | 30,14,616 | 18,00,27,960 | 59.7x | |
| Small NII (₹2-10 lakh) | 15,07,307 | 10,48,28,664 | 69.5x | |
| Retail | 1,05,51,153 | 26,97,18,192 | 25.6x | |
| Total | 2,09,27,281 | 1,01,52,32,622 | 48.5x |
Bids on NSE and BSE together, as published by NSE, as of 11 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 23% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to LCC Projects's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Credo Brands MarketingDec 2023 | 105x | 55.5x | 19.9x | 51.9x | ₹550 Cr | +0.8% | +16.0% |
| Shringar House of MangalsutraSep 2025 | 101x | 82.6x | 27.2x | 60.3x | ₹401 Cr | +14.2% | +15.8% |
| Shreeji Shipping GlobalAug 2025 | 110x | 72.7x | 21.9x | 58.1x | ₹411 Cr | +7.1% | +9.1% |
| Apeejay Surrendra Park HotelsFeb 2024 | 75.1x | 52.4x | 30.4x | 59.7x | ₹971 Cr | +20.0% | +44.0% |
| Innova CaptabDec 2023 | 117x | 64.9x | 17.1x | 55.3x | ₹577 Cr | +0.9% | +21.1% |
| Gandhar Oil Refinery (India)Nov 2023 | 129x | 62.2x | 28.9x | 64.1x | ₹509 Cr | +76.3% | +103.6% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
Offer documents (NSE)
Frequently asked
What is the LCC Projects IPO price band and lot size? ₹139–146 per share, with a lot of 102 shares, so the smallest retail bid is ₹14,892.
How many times has it been subscribed? 48.5x overall: QIB 78.7x, NII 63.0x, retail 25.6x.
How did it list? It opened at ₹189, +29.4% against the issue price of ₹146, and closed its first day +16.5%.
