Lohia Corp IPO Day 2: Subscription Status & Key Issue Details
Lohia Corp’s ₹1,101.28 crore IPO entered its second day of subscription today, July 24, 2026, with a price band of ₹404 to ₹425 per share. As of 10:35 AM on Day 2, the issue had been subscribed 0.42 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 2 Subscription Status
[July 24, 2026, 10:35 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.43x |
|
Non-Institutional Investors (NIIs) |
0.18x |
|
Retail Individual Investors (RIIs) |
0.79x |
|
Total |
0.42x |
About Lohia Corp Limited
Lohia Corp Limited, established in 2023, is a manufacturer of machinery tailored for the HDPE raffia and woven polypropylene (PP) industry. The company delivers end-to-end solutions encompassing design, manufacturing, installation, and commissioning. Its extensive product portfolio features circular looms, tape extrusion lines, printing and conversion machines, coating and lamination lines, recycling systems, and diverse machinery serving the textiles, agriculture, packaging, and industrial sectors.
As the dominant player in India, Lohia Corp commanded a 40.7% market share by value in Fiscal 2025, complementing its 15.4% share of the worldwide woven raffia machinery market by value in 2024. The company managed six production plants distributed across India, Italy, and the United States as of March 31, 2026.
|
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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