BSE List Price : ₹191.90

NSE List Price : ₹189.00

subscription

Category	Times
QIBs	78.73x
HNIs	64.91x
Retail	26.34x
Total : 49.57x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	102	₹14,892
Retail Maximum	13	1,326	₹193,596
S-HNI Minimum	14	1,428	₹208,488
S-HNI Maximum	67	6,834	₹997,764
B-HNI Minimum	68	6,936	₹1,012,656

About the Company

LCC Projects, established in 2017, is an engineering, procurement, and construction (“EPC”) company primarily engaged in irrigation and water supply projects. Its scope of work includes the construction of dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation systems, water supply schemes, and other EPC projects.

As of September 2024, the company had completed **68 projects**, with the Sondwa Lift Micro Irrigation Project, Sidhi Bansagar Multi-Village Scheme, and Gandhi Sagar 1 Multi-Village Scheme being its three largest projects. In addition, LCC Projects has successfully executed several significant projects, including the Tawa Left Bank Canal, Parbati Dam Project, Dudhai Sub Branch Canal Project, and AKOT Lift Irrigation Scheme.

In FY22, the company had operations across **8 states**, which increased to **11 states by FY24**. Its presence spans Gujarat, Madhya Pradesh, Odisha, Rajasthan, Maharashtra, Uttar Pradesh, Karnataka, Jharkhand, Chhattisgarh, Himachal Pradesh, and Haryana.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹2449.79	₹2241.87	₹122.00	₹1129.99
2025	₹2941.01	₹2647.56	₹223.63	₹1727.46
2026	₹3639.45	₹3260.12	₹286.44	₹2447.54

Company Promoter

Arjan Suja Rabari

Laljibhai Arjanbhai Ahir

Maya Arjan Rabari

Know before investing

• • Strengths

  Leading EPC Position: LCC is one of the prominent multidisciplinary EPC companies in India’s irrigation and water supply project segment, based on market share. Its extensive industry experience and established project execution track record provide a strong foundation for its position in the infrastructure sector.

  In-House Technical Capabilities: LCC possesses in-house project design capabilities backed by strong technical expertise. This enables the company to undertake a wide range of technically complex EPC projects across various infrastructure segments.

• • Risks

  Dependence on Government Projects: A substantial share of the company’s business is derived from projects awarded by state and central government departments, which contributed 88.81% of revenue in the six months ended September 30, 2024. Any decline or delay in the awarding of government projects could adversely impact the company’s operations and financial performance.

  Project Cost Overruns: The actual costs incurred during project execution may vary considerably from the estimates and assumptions considered at the time of submitting bids. If the company is unable to recover additional expenses, such cost overruns could adversely affect its financial condition, results of operations, and cash flows.

Objects of the Issue & Utilisation of proceeds

Purchase of equipment.

Prepayment and/or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.

General corporate purposes.

Company  Address

LCC Projects Ltd.
‘B’ Wing,15th Floor, Privilon Building,
Vikram Nagar AmbliBopal Road,
Behind ISKCON Temple,
Ahmedabad, Gujarat, 380058
Phone: +91 79 4848 4453
Email: cs@lccprojects.com
Website: https://www.lccprojects.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: lccpl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/