LCC Projects IPO Listing: Shares List At Over 31% Premium
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LCC Projects shares listed at over 31% premium on the BSE. The issue was oversubscribed by 48.51 times overall and 25.56 times in the retail category.
Shares of LCC Projects made a strong debut on the domestic stock exchanges. The stock opened at ₹191.90 apiece on the Bombay Stock Exchange (BSE), a premium of 31.44%. On the National Stock Exchange (NSE), it opened at ₹189 apiece, translating into a premium of 29.45%. The issue price was ₹146 per share.
LCC Projects IPO And Subscription Details
The ₹427.1-crore LCC Projects IPO (Initial Public Offering) opened for subscription on 9 September 2026 and closed on 11 September. The mainboard IPO received a strong response from investors, with the overall subscription reaching 48.51 times.
The qualified institutional buyer (QIB) quota received the maximum subscription, with the reserved portion getting subscribed by over 78.69 times. The non-institutional investor (NII) category was subscribed 62.99 times, whereas the retail portion was subscribed 25.56 times (as per the exchange data).
The IPO comprised a fresh issue of 1.77 crore equity shares worth ₹258 crore and an offer for sale (OFS) of 1.16 crore shares worth ₹169.14 crore.
About LCC Projects
LCC Projects Limited is engaged in the execution of engineering, procurement and construction (EPC) projects across the irrigation and water supply sectors. The company has worked for several big-name projects, including dams, barrages, weirs, canals, hydraulic structures, pipe distribution networks, lift irrigation works, and water supply projects. A few listed peers of the company include Vishnu Prakash R Pugulia and Enviro Infra Engineers.
Also Read - Karamtara Engineering IPO Listing: Shares List At Over 25% Premium
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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