case₹26 Crpage 379
Company vs MPJNM: arbitration Petition 1 regarding price adjustment (HDPE/resin vs bitumen index) for Madia Multi Village Scheme; claim of ₹261.65 million plus 18% interest
ListedMainboardEngineering - ConstructionLCCPROJECT
LCC Projects Limited
LCC Projects Limited is a mainboard IPO raising ₹427 Cr at ₹139 – ₹146 a share. It listed on 17 Sept 2026 at ₹189, +29.5% against its issue price of ₹146, and trades at ₹118 today (−19.1% since issue). It was subscribed 49× in total.
₹146
Issue price
₹118
Price now
−19.1%
Since issue price
17 Sept 2026
Listed on
49×Subscribed (final) · all exchanges
48.5 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 12 | 2 | ₹54 Cr |
| Directors | 1 | 1 | 0 | ₹0.0 Cr |
| Promoters | 0 | 0 | 0 | — |
| Subsidiaries | 0 | 0 | 0 | — |
| Group companies | 0 | 0 | 0 | — |
case₹16 Crpage 379
Company vs MPJNM: arbitration Petition 2 regarding price adjustment for Rajond Multi Village Scheme; claim of ₹158.12 million plus 18% interest
case₹12 Crpage 380
Tax proceedings against Company: 5 direct tax cases (₹79.22 million) and 7 indirect tax cases (₹42.96 million); aggregate ₹122.18 million
case₹0.0 Crpage 381
Tax proceedings against Directors (excluding Promoters): 1 direct tax case involving ₹0.16 million
casepage 381
Director Rajnikant Chimanlal Diwan filed FIR (May 25, 2005) against Purushottam Somani and others under IPC Sections 420, 465, 467, 468, 471 and 120(b) for forgery of bank letter to obtain loan; matter pending
Amounts converted from ₹ million to ₹ crore (1 crore = 10 million). SEBI summary table on p383. KMPs (excluding directors) and Senior Management have Nil litigation across all categories. Company's two material civil/arbitration matters aggregate to ₹419.77 million (261.65 + 158.12) and Company's tax matters aggregate to ₹122.18 million (79.22 + 42.96); no grand total is explicitly stated in the summary table.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.
Prospectus on SEBI ↗
The full prospectus — business, financials, risk factors and litigation.
Anchor investor allocation ↗
Which institutions were allotted shares before bidding opened, and how many.
Bidding centres ↗
Where physical applications could be submitted.
Basis of issue price (peer ratios) ↗
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
Red Herring Prospectus ↗
The full prospectus — business, financials, risk factors and litigation.