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MoneyWorks4Me

Hindustan Construction Company’s (HCC) subsidiary company Lavasa Corporation has received observation letter from Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO) of equity shares for an amount not exceeding Rs 750 crore. The company holds a 68.7% stake in Lavasa Corporation.

HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.

Peers
Company Name CMP
Larsen & Toubro 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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