MoneyTrack every mainboard and SME IPO in India – dates, price band, issue size and a plain-language read on what to check before you apply.
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| IPO open | 8 Sep 2026 | IPO close | 11 Sep 2026 |
|---|---|---|---|
| Listing date | 16 Sep 2026 | Exchange | NSE SME |
| Price band | ₹138 – ₹146 | Lot size | 1,000 shares |
| Issue size | ₹62.4 Cr | Issue type | Fresh issue + OFS |
| Min investment | ₹146,000 | GMP | Not tracked |
About LGC Projects Ltd
LGC Projects is an infrastructure and civil-construction contractor. The issue is a mix of a fresh issue and an offer for sale, so part of the money goes to existing shareholders.
Strengths
- Order book gives near-term revenue visibility - confirm the figure in the RHP
- Operates in a sector with sustained government capex
Risks
- Construction firms carry high working-capital needs and receivable risk
- Part of the issue is an OFS - that portion does not strengthen the balance sheet
- Execution and input-cost risk on fixed-price contracts
What to watch
- Debt level and interest cover after the fresh issue
- Client mix - government vs private, and geographic concentration
- Day-3 subscription and anchor-book quality
Key financials
Detailed financials for this issue are in the company’s Red Herring Prospectus (RHP), filed with SEBI and available on the exchange and registrar websites. We add the headline numbers here once the desk has reviewed the RHP.
MoneyPuran coverage
- SEC IPO Data Shows 86% Increase in Q1 2026 Capital Raised 31 Aug 2026
- What is an IPO and How Do Retail Investors Apply? 30 Aug 2026
Disclaimer: MoneyPuran is a financial news and educational portal. Not SEBI-registered investment advice. The notes above are an editorial reading of public disclosures, not a buy/avoid recommendation. IPO investing can lose money; read the RHP and consult a SEBI-registered adviser.