1 hr ago
LCC Projects IPO Allotment Today After 48.51x Subscription
LCC Projects offered shares to the public through an IPO.
Many more people applied for shares than were available.
The allotment, or decision about who receives shares, is scheduled for 15 September.
Investors can check their status using their PAN, application number, or demat account details.
They can use the KFin Technologies website, BSE website, or NSE website.
People who do not receive shares are scheduled to get their money back on 16 September.
Successful applicants are scheduled to receive shares in their demat accounts on the same day.
The shares are scheduled to begin trading on 17 September.
LCC Projects IPO allotment is scheduled to be finalised on Tuesday, 15 September.
The IPO was subscribed 48.51 times by the third day, according to NSE data.
The grey market premium is ₹63, implying an estimated listing price of ₹209 per share.
Refunds for unsuccessful applicants and demat credits for successful applicants are scheduled for 16 September.
LCC Projects shares are scheduled to list on Thursday, 17 September.
- Who
- LCC Projects and investors who applied for its IPO.
- What
- The company is finalising IPO share allotments after the issue was subscribed 48.51 times.
- Where
- Investors can check the status through KFin Technologies, BSE, or NSE online portals.
- When
- Allotment is scheduled for 15 September; refunds and demat credits for 16 September; listing for 17 September.
- Why
- To inform applicants whether they received shares and explain the refund, credit, and listing timelines.
Key facts
- IPO subscription
- 48.51 times on the third day, according to NSE data
- Allotment date
- Tuesday, 15 September
- IPO price
- ₹146 per share at the upper end of the price band
- Grey market premium
- ₹63
- Estimated listing price
- ₹209 per share, or 43.15% above the IPO price
- Refund and demat credit
- Scheduled for Wednesday, 16 September
- Listing date
- Scheduled for Thursday, 17 September
Sources
Related news
Annu Projects IPO Allotment, GMP Signal Listing At Par
Pranav Constructions IPO Allotment Today, GMP Signals 32% Listing Gain
Lumino Industries IPO Allotment Set September 1, Listing September 3
Horizon Industrial Parks IPO Allotment Likely Today, GMP at ₹1.6
Purple Style Labs IPO Allotment, GMP Signals Muted Listing
ESDS Software Solution IPO Allotment, GMP Signals Listing Gains
India’s Auction Revamp Could Help Brokers, Pressure Market Makers
NSE IPO May Boost Primary Market, Upend Unlisted Shares
SEBI CAS Proposals Seen Boosting Brokers, Exchanges Despite BSE Concerns
InCred Equities Sees 39% Upside for GMM Pfaudler
