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LCC Projects Lists at 31% Premium on NSE Debut

By Stocks Desk · 2026-09-17 · Updated 2026-09-17 06:33 UTC
A large concrete dam structure holding back a reservoir of water
Illustration: Tradingbird

LCC Projects debuted with a 31% premium on the NSE, trading at Rs 191.90, while strong institutional demand saw the QIB category oversubscribed nearly 79 times. The EPC firm, heavily focused on government irrigation projects, raised Rs 427 crore to fund equipment and debt repayment.

  • GN stocks/ipo confirms the subscription details, noting that the QIB segment was oversubscribed 78.69 times and the NII segment 62.99 times, with the company planning to use the fresh issue proceeds for equipment purchases and debt repayment.

    Source: The Economic Times

  • According to GN stocks/ipo, the listing outperformed earlier grey market predictions, which had only priced in a 24.66% premium, while the IPO itself was subscribed 48.51 times.

    Source: Business Standard

  • LCC Projects opened trading at Rs 191.90, marking a 31.44% gain over its fixed IPO price of Rs 146.

    Source: The Economic Times
Based on reporting by The Economic Times, Business Standard and The Economic Times, compiled by the Tradingbird desk.

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