LCC Infotech Ltd. News and Updates

Keep track of all breaking news on LCC Infotech Ltd. from all sources in a single place.

23 Feb 2025

4.35

-1.36%

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

Business Standard

Ahmedabad-based LCC Projects has filed preliminary papers with the capital markets regulator Sebi to mobilise funds through an initial public offering. The initial public offering (IPO) is a mix of fresh issue of equity shares worth Rs 320 crore and an offer-for-sale (OFS) component of up to 2.29 crore equity shares or 8.43 per cent stake by the promoters, as per the draft red herring prospectus (DRHP). Going by the draft papers filed on Friday, Arjan Suja Rabari and Laljibhai Arjanbhai Ahir will be selling up to 1.14 crore equity shares each through the OFS. The company may raise Rs 64 crore through pre-IPO placement. If the placement is completed then the size of the fresh issue will be reduced. The net proceeds from the fresh issue worth Rs 220 crore will be used by the company to repay debt, Rs 14.91 crore will be used for purchase of equipment and balance for general corporate purposes. LCC Projects is a multidisciplinary engineering, procurement and construction (EPC) compan

LCC Infotech Ltd. has lost -22.18% in the last 3 Months

LCC Infotech Ltd.

20 Jun 2024

4.35

-1.36%

India now 3rd-largest domestic airline market; capacity doubles in 10 yrs

Business Standard

The LCC growth has been fueled by IndiGo; in the last decade, its market share has nearly doubled from 32 per cent to 62 per cent

LCC Infotech Ltd. is trading below all available SMAs

LCC Infotech Ltd.

15 Feb 2024, 04:50PM

4.35

-1.36%

LCC Infotech Consolidated December 2023 Net Sales at Rs 1.15 crore, up 19125% Y-o-Y

Moneycontrol

LCC Infotech Ltd. has lost -36.77% in the last 6 Months

LCC Infotech Ltd.

14 Feb 2024

4.35

-1.36%

LCC Infotech Standalone December 2023 Net Sales at Rs 1.15 crore, up 19125% Y-o-Y

Moneycontrol

LCC Infotech Ltd. has lost -36.77% in the last 6 Months

LCC Infotech Ltd.

13 Sep 2023

4.35

-1.36%

Sanjiv Kapoor named CEO of Saudi LCC flyadeal

Business Line

Kapoor, who was CEO designate of Jet Airways, served as an adviser to the Director General of Saudi, the country's national airline before taking up the new role

LCC Infotech Ltd. has lost -22.18% in the last 3 Months

LCC Infotech Ltd.

17 Feb 2023

4.35

-1.36%

LCC Infotech Standalone December 2022 Net Sales at Rs 0.01 crore, up 7.14% Y-o-Y

Moneycontrol

LCC Infotech Ltd. has lost -22.18% in the last 3 Months

LCC Infotech Ltd.

12 Jul 2022

4.35

-1.36%

Changed work ethic behind employee angst at Indian LCCs, claims former pilot

Business Today

Government and airline companies need to resolve the concerns of airline employees not only for long-term growth but to also proactively thwart attempts by vested interests to question the safety standards at Indian carriers.