LCC Projects IPO Subscription Status Day 3: Issue Subscribed 49.57 Times

Authored By HDFC SKY | Last Modified: Sep 11, 2026 07:02 PM IST

LCC Projects IPO saw a sharp rise in demand on the final day of bidding, with the issue subscribed 49.57 times by 5:14 PM on September 11, 2026. The QIB portion was subscribed 78.73 times, followed by NII at 64.91 times and retail investors at 26.34 times.

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Mumbai, September 11: The LCC Projects IPO drew heavy bidding on the final day of its subscription period, taking the overall issue subscription to 49.57 times by 5:14 PM on September 11, 2026.

The ₹427.14 crore public issue 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 IPO opened on September 9 and closed on September 11.

LCC Projects had fixed the price band at ₹139 to ₹146 per share. With a lot size of 102 shares, the minimum application amount for retail investors was ₹14,892 at the upper end of the price band.

LCC Projects IPO Day 3 Subscription Status

Demand picked up considerably on the last day. By 5:14 PM, investors had bid for 1,01,52,31,908 shares against 2,04,79,363 shares on offer, taking the overall subscription to 49.57 times.

The QIB segment, excluding the anchor portion, received bids equivalent to 78.73 times the shares reserved for it. The NII portion was subscribed 64.91 times, while the retail category was subscribed 26.34 times.

Investor Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	58,51,247	46,06,57,806	78.73x
NII	43,88,435	28,48,56,624	64.91x
Retail	1,02,39,681	26,97,17,478	26.34x
Total	2,04,79,363	1,01,52,31,908	49.57x

A total of 25,12,747 applications had been received by the reported time.

Category-wise LCC Projects IPO Subscription Status

The QIB category recorded the highest subscription among the main investor groups at 78.73 times. Within the NII segment, the portion for applications above ₹10 lakh was subscribed 61.53 times, while the portion below ₹10 lakh saw subscription of 71.66 times.

Category	Subscription
QIB (Ex Anchor)	78.73x
NII	64.91x
NII > ₹10 lakh	61.53x
NII < ₹10 lakh	71.66x
Retail	26.34x
Total	49.57x

LCC Projects Day-Wise Subscription Summary

The IPO began with a 1.35 times subscription on Day 1. By the second day, the overall figure had reached 3.93 times. The final day brought a much larger jump, taking the issue to 49.57 times.

Date	QIB (Ex Anchor)	NII	NII > ₹10 lakh	NII < ₹10 lakh	Retail	Total
September 9, 2026 (Day 1)	1.14x	1.77x	2.06x	1.21x	1.30x	1.35x
September 10, 2026 (Day 2)	1.16x	5.49x	4.32x	7.82x	4.84x	3.93x
September 11, 2026 (Day 3)	78.73x	64.91x	61.53x	71.66x	26.34x	49.57x

LCC Projects IPO Timeline

IPO Milestone	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

The LCC Projects IPO has a total issue size of ₹427.14 crore. Of this, the fresh issue comprises 1.77 crore shares aggregating to ₹258 crore, while 1.16 crore shares are being offered for sale for ₹169.14 crore.

The price band is ₹139 to ₹146 per share, with each lot containing 102 shares. A retail investor applying for one lot at the upper price would need ₹14,892.

The company is set to list its shares on the BSE and NSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager for the issue, while Kfin Technologies Ltd. is the registrar.

Source:

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

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