Earlier, the engineering, procurement and construction (EPC) company raised Rs 128.14 crore from anchor investors.
The Rs 427-crore IPO opened for subscription on September 9 and will close on September 11. The company has fixed the IPO price band at Rs 139-146 per equity share.
According to Investorgain, the shares of LCC Projects are commanding a GMP more than 27 percent.
Proceeds of the fresh issue will be used for the purchase of equipment, payment of debt and for general corporate purposes.
LCC Projects is a multidisciplinary engineering, procurement and construction (EPC) company. Over two decades, the company has executed a wide range of projects in the irrigation and water supply segment such as constructing dams, barrages, weirs, hydraulic structures, canals, pipe distribution networks, lift irrigation works, water supply schemes and other EPC projects.