LCC Projects IPO!
In the dynamic world of infrastructure development, LCC Projects emerges as a beacon of growth and innovation. Headquartered in Ahmedabad, this Gujarat-based Engineering, Procurement, and Construction (EPC) company is set to make waves in the capital markets with its upcoming Initial Public Offering (IPO).
The company’s journey is a testament to strategic vision and robust execution. Over the past two decades, LCC Projects has carved a niche in critical infrastructure segments, specializing in irrigation, water supply, and hydraulic engineering projects that are vital to India’s developmental landscape.
Table of Contents
LCC Projects IPO Details: Breaking Down the Numbers
Offering Composition
- Fresh Issue: Rs 320 crore
- Offer for Sale: 2.29 crore equity shares
- Promoter Selling Shares:
- Arjan Suja Rabari: 1.14 crore shares
- Laljibhai Arjanbhai Ahir: 1.14 crore shares
Financial Performance Highlights
- Revenue Growth: 76.73% CAGR (FY22-FY24)
- Profit Growth: 85.81% CAGR (FY22-FY24)
- Revenue (FY24): Rs 2,438.9 crore
- Profit (FY24): Rs 122 crore
- EBITDA (FY24): Rs 241.4 crore
Strategic Project Portfolio
As of September 2024, LCC Projects boasts an impressive order book:
- Total Projects: 68
- Order Book Value: Rs 7,347.4 crore
- Growth from March 2024: Increased from Rs 6,269 crore
Key Project Segments
LCC Projects specializes in critical infrastructure development:
- Dam Construction
- Barrages and Weirs
- Hydraulic Structures
- Canal Development
- Pipe Distribution Networks
- Lift Irrigation Works
- Water Supply Schemes
Pre-IPO Considerations
- Potential Pre-IPO Fundraising: Up to Rs 64 crore
- Any pre-IPO funds will reduce the fresh issue component
PhonePe IPO: A Fintech Unicorn’s Bold Leap into the Public Market!
Frequently Asked Questions
Q1: What Makes LCC Projects an Attractive Investment?
The company demonstrates strong financial growth, a diverse project portfolio, and expertise in critical infrastructure development. With a CAGR of 76.73% in revenue and 85.81% in profits, it presents a compelling investment narrative.
Q2: How Does the IPO Benefit Potential Investors?
Investors gain exposure to:
A robust infrastructure company
Proven track record in critical development projects
Strong financial performance
Potential for future growth in infrastructure sector
