LCC Projects IPO Day 2 Subscription Status: Issue Subscribed3.93 Times

Authored By HDFC SKY | Published at: Sep 10, 2026 07:03 PM IST

LCC Projects IPO Day 2 subscription reached 3.93x overall, with NII at 5.49x, Retail at 4.84x and QIB at 1.16x as of 5:09:19 PM.

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Mumbai, September 10: The LCC Projects IPO saw a sharper pace of bidding on the second day of the issue. The ₹427.14 crore bookbuilding IPO comprises a fresh issue of 1.77 crore shares worth ₹258 crore and an offer for sale of 1.16 crore shares worth ₹169.14 crore. The issue opened on September 9 2026 and will close on September 11 2026. The price band is fixed at ₹139 to ₹146 per share.

LCC Projects IPO Day 2 Subscription Status

The LCC Projects IPO was subscribed 3.93 times overall as of 5:09:19 PM on September 10 2026.

The NII category led the subscription figures at 5.49 times, followed by Retail investors at 4.84 times. The QIB category, excluding the anchor portion, was subscribed 1.16 times.

Investor Category	Day 2 Subscription
QIB, excluding anchor	1.16x
NII/HNI	5.49x
Retail	4.84x
Total	3.93x

Category-wise LCC Projects IPO Subscription Status

Within the NII segment, small NII investors bidding below ₹10 lakh subscribed 7.82 times. The big NII category, covering applications above ₹10 lakh, recorded a subscription of 4.32 times.

Category	Day 2 Subscription
QIB, excluding anchor	1.16x
NII	5.49x
bNII, above ₹10 lakh	4.32x
sNII, below ₹10 lakh	7.82x
Retail	4.84x
Total	3.93x

LCC Projects Day-Wise Subscription Summary

Bidding gathered pace on Day 2. The IPO had ended September 9 with an overall subscription of 1.35 times. By 5:09:19 PM on September 10, the figure had risen to 3.93 times.

IPO Day	QIB	NII	Retail	Total
Day 1, September 9 2026	1.14x	1.77x	1.30x	1.35x
Day 2, September 10 2026	1.16x	5.49x	4.84x	3.93x

LCC Projects IPO Timeline

IPO Event	Date
Issue Open Date	September 9 2026
Issue Close Date	September 11 2026
Basis of Allotment Date	September 15 2026
Initiation of Refunds	September 16 2026
Credit of Shares	September 16 2026
Listing Date	September 17 2026

Brief Overview Of The IPO

LCC Projects is raising ₹427.14 crore through its IPO. The issue consists of a fresh issue of 1.77 crore shares aggregating to ₹258 crore and an offer for sale of 1.16 crore shares worth ₹169.14 crore.

The IPO price band has been set at ₹139 to ₹146 per share. The lot size is 102 shares, making the minimum retail investment ₹14,892 at the upper end of the price band.

The issue has reserved 50% of the shares for QIBs, 15% for NIIs and 35% for Retail investors. Within the QIB portion, 30% of the total issue is allocated to anchor investors and the remaining 20% is available to QIBs excluding anchors.

Motilal Oswal Investment Advisors Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. The shares are scheduled to list on both BSE and NSE on September 17 2026.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=LCCPROJECT&series=EQ&type=Active

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