LCC Projects IPO Date, Review, Price and Key Information

LCC Projects Limited IPO is fully book build issue and it includes fresh issue and offer for sale. The share offering is a fresh issue worth ₹320.00 crores and offer for sale up to 2.3 crore shares.

The dates for the LCC Projects IPO have not been announced yet.

The allotment process is expected to be finalized by [.]. The LCC Projects IPO is scheduled to list on BSE, NSE, with a tentative listing date of [.].

The price band for the LCC Projects IPO has not been announced yet.

Registrar for this IPO is KFin Technologies Limited and lead managers for LCC Projects IPO are Motilal Oswal Investment Advisors Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹5 Per Equity Share
Total Issue Size	22,940,000 Shares + ₹320 Crores
Fresh Issue	₹320.00 Crores
OFS Issue	22,940,000 Shares
Issue Type	Fresh Issue and Offer for Sale
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About LCC Projects Limited Company

LCC Projects Limited: Building Infrastructure for a Better Tomorrow

LCC Projects is a leading multidisciplinary EPC company focused on irrigation, water management, metro rail and mining. We've built a strong reputation with government clients through successful project execution, specializing in dams, canals, and water distribution networks.

Our expertise extends to wastewater management and renewable energy, particularly solar EPC projects. We've also contributed to metro rail development, including station construction. Currently, we are involved in coal extraction and mining.

We utilize advanced technologies such as IOT, SCADA, and GIS to create economical and feasible designs. Key ongoing projects include the Sondwa Lift Micro Irrigation Project (₹1,395.41 Crore), Sidhi Bansagar Multi-Village Scheme (₹1,386.49 Crore), and Gandhi Sagar 1 Multi-Village Scheme (₹1,049 Crore). These projects showcase our commitment to delivering high-quality infrastructure solutions.

LCC Projects Limited Financial Details

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1453.94	1129.99	803.61	473.29
Revenue	1468.11	2438.91	1225.27	780.90
Profit After Tax	117.95	122.00	68.22	35.33
Net Worth	501.08	383.36	261.19	193.11
Reserves and Surplus	466.06	348.83	227.23	159.11
Total Borrowing	661.66	421.64	289.28	182.47

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
4.48	31.87%	14.07	1.10	31.87%	27.63%

Offer Objectives

The Offer consists of a fresh issue of equity shares aggregating up to ₹32 crore and an Offer for Sale (OFS) of up to 22,940,000 equity shares. The proceeds from the OFS will go to the selling shareholders, and the company will not receive any funds from it.

Fresh Issue Proceeds:The gross proceeds from the fresh issue are estimated at ₹32 crore. After deducting offer-related expenses, the net proceeds are to be determined. A pre-IPO placement of specified securities, aggregating up to ₹6.4 crore, may be considered before filing the Red Herring Prospectus (RHP) with the RoC.

Utilization of Net Proceeds: The net proceeds will be used for three primary objectives:

Purchase of equipment:₹1.49 crore
Prepayment/repayment of borrowings:₹22 crore
General corporate purposes: Remaining amount (not exceeding 25% of the gross proceeds)

The utilization of net proceeds is expected to be completed in Fiscal 2026. The company may consider a further issue of specified securities, through a preferential issue or any other method as may be permitted under the applicable law to any person(s), for an amount aggregating up to ₹6.4 crore, at its discretion, prior to filing of the Red Herring Prospectus with the RoC.