LCC Projects IPO Day 2: Subscription Status on 10 September 2026
- September 10, 2026
- Posted by: Harsh Piplani
- Category: IPO
LCC Projects IPO Day 2, 10 Sep 2026. Subscription stayed muted through Day 1, close to nil. Price band Rs 139-146. Closes 11 Sep.
Quick Answer
The LCC Projects IPO is on Day 2 of bidding on 10 September 2026, after a slow opening day that saw the issue subscribed close to nil through the morning session. Bidding for the LCC Projects IPO remains open until 11 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day, since institutional and larger investor demand in mainboard issues typically firms up closer to the close.
The LCC Projects IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. LCC Projects Limited, a Gujarat based multidisciplinary EPC company focused on irrigation and water supply projects, is raising about Rs 427.14 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.
Day 1 bidding for the issue stayed thin through the morning session, with subscription close to nil across categories. With two sessions still remaining, including the 11 September close, there is time for retail, non-institutional and institutional demand to build, as is common for mainboard book built issues.
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LCC Projects IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Price Band | Rs 139 to Rs 146 per share |
| Lot Size | 102 shares |
| Issue Size | Rs 427.14 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
LCC Projects IPO Subscription Status Day 2
The table below shows the subscription trend for the issue through its bidding window so far.
| Session | Overall Subscription |
|---|---|
| Through Day 1 (9 Sep) | Close to nil |
| Day 2, so far (10 Sep) | Updating through the session |
The issue has seen limited participation so far, which is not unusual for mainboard book built issues where institutional and larger investor bids typically concentrate closer to the 11 September close. Investors should check the live NSE and BSE numbers as the session progresses.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the LCC Projects IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 139 to Rs 146 band, in multiples of 102 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has had a slow start, with subscription close to nil through Day 1, and two sessions still remain before the 11 September close for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the LCC Projects IPO subscription status on Day 2?
Ans. The issue remained subscribed close to nil through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today’s session on NSE and BSE.
When does the LCC Projects IPO close?
Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.
What is the LCC Projects IPO price band and lot size?
Ans. The issue price band is Rs 139 to Rs 146 per share, with a lot size of 102 shares, taking the minimum retail investment to about Rs 14,892 at the upper band.
Why has the LCC Projects IPO seen low subscription so far?
Ans. Subscription for the issue has stayed thin through Day 1, which is common for mainboard book built issues, since institutional and larger investor bids typically concentrate closer to the 11 September closing day.
What is the LCC Projects IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the LCC Projects IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 102 shares within the Rs 139 to Rs 146 band and approving the UPI mandate before the daily cut off.
When will the LCC Projects IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 15 September 2026, with listing on both NSE and BSE tentatively scheduled for 17 September 2026.
What is the reservation split in the LCC Projects IPO?
Ans. The issue reserves around 50 percent of the offer for qualified institutional buyers, about 35 percent for retail individual investors, and roughly 15 percent for non-institutional investors.
What is the issue structure of the LCC Projects IPO?
Ans. The issue is worth about Rs 427.14 crore, comprising a fresh issue of about Rs 258 crore and an offer for sale of about 1.16 crore shares.
What does LCC Projects Limited do?
Ans. LCC Projects Limited is a multidisciplinary EPC company focused on irrigation and water supply projects, including dams, barrages, canals, pipe distribution networks and lift irrigation works, across 12 states in India.
