Economy, business and finance
LCC Projects makes strong debut
Shares of LCC Projects were currently trading at Rs 172.75 at 10:30 IST on the BSE, representing a premium of 18.32% as compared with the issue price of Rs 146.
The stock debuted at Rs 191.90 on the BSE, a premium of 31.44% over its issue price.
So far, the stock has hit a high of Rs 191.90 and a low of Rs 172.75. On the BSE, over 24.59 lakh shares of the company were traded in the counter so far.
The initial public offer of LCC Projects was subscribed 48.51 times. The issue opened for bidding on 9 September 2026 and closed on 11 September 2026. The price band of the IPO is fixed between Rs 139 and 146 per share.
The offer comprised fresh issue of equity shares of Rs 5 each aggregating to Rs 258 crore and an offer for sale of 11585000 equity shares The OFS component is entirely by promoters.