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LCC Projects Debuts with 31% Premium over Issue Price

By Stocks Desk · 2026-09-17 · Updated 2026-09-17 07:15 UTC
A large concrete dam structure holding back a reservoir of water
Illustration: Tradingbird

LCC Projects has listed on Indian exchanges with a significant premium, opening 31.44% above its issue price on the BSE and 29.45% on the NSE. The Gujarat-based water infrastructure firm raised ₹427.1 crore in an IPO that was subscribed 48.51 times, driven by a strong order book and institutional interest.

  • According to CNBC TV18, the stock opened at ₹191.90 on the BSE and ₹189 on the NSE, confirming the strong initial demand. The IPO saw robust subscription across all categories, with QIBs subscribing 78.69 times and retail investors bidding 25.56 times for the 2.09 crore shares on offer.

    Source: CNBC TV18

  • LCC Projects opened 31.44% above its IPO price, reflecting strong demand for its water infrastructure services and a robust order book.

    Source: Business Standard
Based on reporting by Business Standard and CNBC TV18, compiled by the Tradingbird desk.

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LIVE · 4 updates · last 07:06 UTC

LCC Projects Lists at 31% Premium on NSE Debut

LCC Projects has listed at a 31% premium on the BSE, valuing the EPC firm at over Rs 5,000 crore. The company secured strong backing with 48.51 times overall subscription and Rs 128.14 crore from anchor investors to fund equipment and debt repayment.

2026-09-17Illustration: Tradingbird

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