<ul><li>Ahmedabad-based LCC Projects has filed preliminary papers with Sebi for an initial public offering (IPO).</li><li>The IPO consists of a fresh issue of equity shares worth ₹320 crore and an offer-for-sale (OFS) component of 8.43% stake by the promoters.</li><li>LCC Projects may raise ₹64 crore through pre-IPO placement, with the net proceeds from the fresh issue intended for debt repayment, equipment purchase, and general corporate purposes.</li><li>The company, a multidisciplinary engineering, procurement, and construction (EPC) firm, has an order book of ₹7,347.42 crore as of September 2024.</li></ul>

LCC Projects files draft papers with Sebi, to raise funds via IPO

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