LCC Projects Share Price: Stock Lists at ₹189.00 With a 29.45% Premium on NSE

On September 17, 2026, LCC Projects Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹189.00 on the National Stock Exchange (NSE), reflecting a 29.45% gain over its IPO issue price of ₹146.00 per share.  

On BSE, it listed higher at ₹191.90, marking a 31.44% premium over the IPO issue price. 

LCC Projects IPO Overview 

LCC Projects Limited launched a book built issue of ₹427.14 crore, consisting of a fresh issue of 1.77 crore shares valued at ₹258.00 crore and an offer for sale of 1.16 crore shares valued at ₹169.14 crore. The subscription opened on September 9, 2026, and closed on September 11, 2026.  

The allotment was finalized on September 15, 2026, with a tentative listing scheduled for September 17, 2026, on the BSE and NSE. The final issue price is fixed at ₹146 per share with a lot size of 102 shares, requiring a minimum retail investment of ₹14,882.  

Motilal Oswal Investment Advisors Ltd. serves as the book running lead manager, and KFin Technologies Ltd. operates as the registrar. 

LCC Projects IPO subscribed 49.57 times. 

Business Overview of LCC Projects 

Incorporated in 2017, LCC Projects Limited offers engineering, procurement, and construction services in the irrigation and water supply projects segment.  

The company constructs dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, and water supply schemes.  

As of March 31, 2026, the company's order book comprises 103 projects, led by major works like the Sondwa Lift Micro Irrigation Project. The firm expanded its operational presence from eight states in fiscal 2026 to twelve states by March 31, 2026.  

As of March 31, 2026, the company maintained a dedicated workforce of 2,093 permanent employees. 

Financial Overview of LCC Projects 

The financial trajectory shows consistent growth from fiscal year 2024 through fiscal year 2026. Total income surged from ₹2,449.79 crore in fiscal 2024 to ₹2,941.01 crore in fiscal 2025, reaching ₹3,639.45 crore by March 31, 2026.  

Profit after tax mirrored this upward trend, rising from ₹122.00 crore in fiscal 2024 to ₹223.63 crore in fiscal 2025, and jumping to ₹286.44 crore in fiscal 2026. EBITDA grew steadily to ₹519.90 crore by the end of fiscal 2026.  

Total assets reached ₹2,447.54 crore while net worth hit ₹888.41 crore. However, total borrowings increased substantially to ₹860.65 crore in fiscal 2026. 

Objective of LCC Projects IPO 

The company proposes to utilize the net proceeds from the issue toward key operational and financial requirements, totaling an estimated ₹194.69 crore.  

The primary allocation involves funding the prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company, amounting to ₹180.00 crore.  

Additionally, the company will allocate ₹14.69 crore from the proceeds toward the purchase of equipment to support its execution capabilities.  

The remaining portion of the net proceeds will be deployed toward general corporate purposes to facilitate smooth ongoing business operations and corporate growth. 

Read More: Century Business Media IPO Allotment Status! 

LCC Projects Share Price Performance 

As of September 17, 2026, at 10:03 AM, LCC Projects share price on the NSE was trading at ₹173.90, up by 19.11% from its IPO issue price of ₹146.00. 

Conclusion 

LCC Projects equity shares opened with impressive gains on both exchanges, listing at ₹189.00 on the NSE and ₹191.90 on the BSE, rewarding investors with a significant premium over the company's IPO issue price of ₹146.00 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Readers should conduct their own research and form an independent opinion before making any financial decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.