Lohia Corp IPO Day 1: Subscription Status & Key Issue Details
Lohia Corp’s ₹1,101.28 crore IPO opened for subscription today, July 23, 2026, with a price band of ₹404 to ₹425 per share. As of 10:42 AM on Day 1, the issue had been subscribed 0.04 times.
The IPO will remain open for subscription until July 27, 2026. The basis of allotment is expected to be finalised on July 28, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on July 30, 2026.
Lohia Corp IPO - Issue Details
- Issue Type: Book Built Issue (OFS Only)
- Total Issue Size: Up to ₹1,101.28 crore
- Fresh Issue: Not Applicable
- Offer for Sale (OFS): Up to ₹1,101.28 crore
- Face Value: ₹1 per equity share
- Price Band: ₹404 to ₹425 per share
- Lot Size: 35 shares
- Minimum Investment Amount (Retail Investor): ₹14,875 (35 shares at the upper price band)
- Listing: BSE, NSE
- Book Running Lead Managers: Equirus Capital Limited and Motilal Oswal Investment Advisors Limited
- Registrar: MUFG Intime India Private Limited
Lohia Corp IPO Timeline (Tentative)
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
23 July 2026 |
|
Subscription Closing Date |
27 July 2026 |
|
Basis of Allotment Date |
28 July 2026 |
|
Refund Initiation Date |
29 July 2026 |
|
Credit of Shares |
29 July 2026 |
|
Listing on BSE and NSE |
30 July 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
Lohia Corp IPO Day 1 Subscription Status
[July 23, 2026, 10:42 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.02x |
|
Retail Individual Investors (RIIs) |
0.19x |
|
Total |
0.04x |
About Lohia Corp Limited
Incorporated in 2023, Lohia Corp Limited manufactures machinery for the woven polypropylene (PP) and HDPE raffia industry, providing comprehensive solutions that span design, manufacturing, installation, and commissioning. Its product range includes tape extrusion lines, circular looms, coating and lamination lines, printing and conversion machines, recycling equipment, and other machinery used in the packaging, agriculture, textiles, and industrial sectors.
The company accounted for a 15.4% share of the global woven raffia machinery market by value in 2024 and was the leading player in India, with a 40.7% market share by value in Fiscal 2025. As of March 31, 2026, it operated six manufacturing facilities located across India, the United States, and Italy.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
1,716.99 |
1,376.87 |
1,165.80 |
|
Profit After Tax |
193.45 |
117.84 |
29.76 |
|
EBITDA |
339.45 |
228.60 |
105.96 |
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