Three IPOs to Open on July 23: Xtranet Technologies, Indo-MIM and Lohia Corp: Key Issue Details & Timeline 

22 July 2026
3 min read
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The primary market will remain busy as three mainboard IPOs - Xtranet Technologies Limited, Indo-MIM Limited, and Lohia Corp Limited are set to open for public subscription on Thursday, July 23, 2026.

Company

Issue Size

Price Band

Minimum Investment (Retail Investor)

Xtranet Technologies

₹166.8 crore

₹120 to ₹127

₹13,970 (110 shares)

Indo-MIM

₹3,812 crore

₹461 to ₹485

₹14,550 (30 shares)

Lohia Corp

₹1,101.28 crore

₹404 to ₹425

₹14,875 (35 shares)

Together, the three public issues are expected to raise over ₹5,000 crore, offering investors exposure to the IT services, precision engineering, and industrial machinery sectors. 

All three IPOs will remain open for subscription until Monday, July 27, 2026, while anchor investor bidding is scheduled for July 22, 2026. 

Xtranet Technologies IPO

Xtranet Technologies Limited, an integrated IT solutions provider, is launching its ₹166.8 crore IPO with a price band of ₹120 to ₹127 per share. The company offers enterprise applications, digital transformation, managed services, cloud solutions, and proprietary technology platforms to government, PSU and private sector clients.

Xtranet Technologies IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue Only)
  • Total Issue Size: Up to ₹166.80 crore
  • Fresh Issue: Up to ₹166.80 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹120 to ₹127 per share
  • Lot Size: 110 shares
  • Minimum Investment Amount (Retail Investor): ₹13,970 (110 shares at the upper price band)
  • Listing: BSE, NSE
  • Book Running Lead Managers: Share India Capital Services Private Limited
  • Registrar: KFin Technologies Limited
  • IPO Opening Date: July 23, 2026
  • IPO Closing Date: July 27, 2026
  • Basis of Allotment Date: July 28, 2026
  • Tentative Listing: July 30, 2026

Indo-MIM IPO

Precision engineering company Indo-MIM Limited is set to launch its ₹3,812 crore IPO, comprising a fresh issue of ₹500 crore and an offer for sale (OFS) of up to ₹3,312 crore by existing shareholders. The Bengaluru-based company manufactures metal injection moulded components for industries including automotive, medical, aerospace, and industrial engineering. 

Indo-MIM IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹3,811.21 crore
  • Fresh Issue: Up to ₹500.00 crore
  • Offer for Sale (OFS): Up to ₹3,311.21 crore
  • Face Value: ₹1 per equity share
  • Price Band: ₹461 to ₹485 per share
  • Lot Size: 30 shares
  • Minimum Investment Amount (Retail Investor): ₹14,550 (30 shares at the upper price band)
  • Listing: BSE, NSE
  • Book Running Lead Managers: HDFC Bank Limited, Axis Capital Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited
  • Registrar: MUFG Intime India Private Limited
  • IPO Opening Date: July 23, 2026
  • IPO Closing Date: July 27, 2026
  • Basis of Allotment Date: July 28, 2026
  • Tentative Listing: July 30, 2026

Lohia Corp IPO

Industrial machinery manufacturer Lohia Corp Limited will also open its ₹1,101.28 crore IPO for subscription on July 23. The company manufactures machinery used in the production of technical textiles and woven plastic packaging products and has a global presence across more than 90 countries. 

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
  • IPO Opening Date: July 23, 2026
  • IPO Closing Date: July 27, 2026
  • Basis of Allotment Date: July 28, 2026
  • Tentative Listing: July 30, 2026

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory. 

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