GENERAL9 Sept 2026
LCC Projects IPO a suitable bet for long term, say analysts; GMP at 23%
LCC Projects' IPO has received a 'subscribe for long-term' rating from analysts at Anand Rathi. They point to its strong order book, improving profitability and established execution capabilities. Valuations look decent, and the company's debt profile is improving. The grey market premium is at 23%. It's a suitable bet for long-term investors. Still, always check the company's details before you apply.
Key Statutory Highlights
- Analysts at Anand Rathi have given LCC Projects' IPO a 'subscribe for long-term' rating.
- They cite the company's strong order book, improving profitability and established execution capabilities as positives.
- The grey market premium is 23%, with decent valuations and an improving debt profile.
Actionable Advice for Taxpayers / Founders:Investors should review the IPO documents carefully and assess their own risk appetite before applying, as long-term ratings do not guarantee returns.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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