LCC Projects makes stellar IPO debut with 31% premium on the BSE
LCC Projects has debuted at Rs 191.90 on the BSE, up by 45.90 points or 31.44% from its issue price of Rs 146.00.
The scrip is currently trading at Rs. 172.75, up by 26.75 points or 18.32% from its issue price.
It has touched a high and low of Rs. 191.90 and Rs. 172.75 respectively. So far 24.59 lakh shares were traded on the counter.
The offering, which was open for subscription from September 9, 2026 to September 11, 2026 was subscribed 49.57 times. The issue price was fixed at Rs 146 per share i.e. at upper end of price band of Rs 139-146 apiece.
LCC Projects is engaged in the business of construction of roads and highways, bridges, irrigation and mining projects, construction of commercial buildings, and other ancillary services like toll collection, operation and maintenance of highways.
