Lohia Corp IPO Day 3: Subscription Status & Key Issue Details
Lohia Corp’s ₹1,101.28 crore IPO entered its final day of subscription today, July 27, 2026, with a price band of ₹404 to ₹425 per share. As of 10:15 AM on Day 3, the issue had been subscribed 0.66 times.
The IPO will remain open for subscription until the close of bidding today. 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 3 Subscription Status
[July 27, 2026, 10:15 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.51x |
|
Non-Institutional Investors (NIIs) |
0.56x |
|
Retail Individual Investors (RIIs) |
1.24x |
|
Total |
0.66x |
About Lohia Corp Limited
Incorporated in 2023, Lohia Corp Limited manufactures machinery for the HDPE raffia and woven polypropylene (PP) industry. The company provides end-to-end solutions, including design, manufacturing, installation, and commissioning, and offers a broad portfolio of products such as circular looms, tape extrusion lines, printing and conversion machines, coating and lamination lines, recycling systems, and other machinery catering to the textiles, agriculture, packaging, and industrial sectors.
In FY25, Lohia Corp held a 40.7% market share by value in India's woven raffia machinery market and a 15.4% share of the global market by value in 2024. As of March 31, 2026, the company operated six manufacturing facilities across India, Italy, and the United States.
Financial Performance
|
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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