Summary
Lohia Corp is coming out with a ₹1,101 crore book-built IPO, which opens on 23 July 2026 and closes on 27 July 2026.
The company manufactures textile machinery, serves close to 100 countries and has been showing steady financial improvement.
This IPO may appeal to medium to long-term investors who are comfortable with manufacturing sector risks.
With a book-built structure, the Lohia Corp IPO aims to raise ₹1,101 crore. The issue is entirely an offer for sale (OFS), made up of 2.59 crore equity shares. The IPO period for bidding starts on 23 July 2026 and ends on 27 July 2026. Share allotment is expected on 28 July 2026. The listing on the BSE and NSE is scheduled for 30 July 2026.
The shares are priced from ₹404 to ₹425. The lot size is fixed at 35 shares. At the upper price band, individual investors must commit a minimum of ₹14,875 to apply. sNII participation begins at 14 lots, or 490 shares, which comes to ₹2,08,250. The bNII category must apply for at least 68 lots, or 2,380 shares, amounting to ₹10,11,500.
Lohia Corp IPO Key Details
Below is a quick overview of the Lohia Corp IPO’s important details:
| Bidding Opens | 23 July 2026 |
| Bidding Closes | 27 July 2026 |
| Face Value | ₹1 per share |
| Issue Type | Bookbuilding |
| Price Band | ₹404 to ₹425 |
| Issue Price | |
| Listing at | NSE, BSE |
| Lot Size | 35 shares |
| Offer for Sale (OFS) | 2,59,31,407 shares (₹1,101 Crore) |
| Fresh Issue | |
| Total Issue | 2,59,31,407 shares (₹1,101 Crore) |
| Minimum Investment | ₹14,875 |
Lohia Corp IPO Timeline
Here are the key dates to track for the Lohia Corp IPO:
| Bidding Opens | 23 July 2026 |
| Bidding Closes | 27 July 2026 |
| Allotment Planned For | 28 July 2026 |
| Refunds Start On | 29 July 2026 |
| Share Credit to Demat | 29 July 2026 |
| Listing Scheduled | 30 July 2026 |
| Cut-off for UPI mandate | 5:00 PM on 27 July 2026 |
Lohia Corp Key Performance Indicators (KPIs)
The following table outlines Lohia Corp’s KPIs:
| KPIs | FY 2026 | FY 2025 | FY 2024 |
| ROE (%) | 36.80 | 31.71 | 11.92 |
| ROCE (%) | 40.92 | 30.45 | 10.45 |
| Debt-Equity (times) | 0.23 | 0.47 | 1.06 |
| RoNW (%) | 72.95 | 106.11 | 11.92 |
| PAT Margin (%) | 11.13 | 8.50 | 2.54 |
| EBITDA Margin (%) | 19.53 | 16.49 | 9.03 |
| Price Book Value | 8.61 |
Lohia Corp Financials
The financial metrics of the company are provided in the given table:
| Period | FY 2026 | FY 2025 | FY 2024 |
| Total Assets | 13,046.55 | 9676.00 | 0.02 |
| Revenue | 17,378.70 | 13,864.73 | |
| Profit After Tax | 1,934.52 | 1,178.41 | (0.09) |
Lohia Corp IPO Subscription Status
| Date | QIB (Ex Anchor) | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Jul 23 (Day 1) | 0.00 | 0.03 | 0.14 | 0.04 | 0.03 |
Lohia Corp IPO Grey Market Premium
GMP for Lohia Corp has moderated ahead of the issue opening. It currently stands at ₹40, suggesting an estimated listing price of ₹465 and a potential gain of 9.41%. A fall from ₹56 in the previous session indicates shifting investor sentiment.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 23-07-2026 Open | ₹26 ▼ | ₹451 (6.12%) | ₹910 | 23-Jul-2026 13:02 |
| 22-07-2026 | ₹36 ▼ | ₹461 (8.47%) | ₹1,260 | 22-Jul-2026 23:34 |
| 21-07-2026 | ₹40 ▼ | ₹465 (9.41%) | ₹1,400 | 21-Jul-2026 23:31 |
| 20-07-2026 | ₹56 ▲ | ₹481 (13.18%) | ₹1,960 | 20-Jul-2026 23:30 |
| 19-07-2026 | ₹20 ▲ | ₹20 (0.00%) | ₹0 | 19-Jul-2026 23:37 |
| 18-07-2026 | ₹0 ─ | ₹ (%) | 18-Jul-2026 12:30 |
Note: GMP is based on informal market tends. It should be viewed only as a sentiment indicator, not as a predictor of listing gains.
Lohia Corp IPO Reservation
Shares for the IPO have been allocated across categories in the following manner:
Lohia Corp IPO Lot Size
Applications must be submitted according to the lot sizes mentioned below:
| Application Type | Lots | Shares | Amount |
| Individual Investor – Minimum | 1 | 35 | ₹14,875 |
| Individual Investor – Maximum | 13 | 455 | ₹1,93,375 |
| S-HNI Minimum | 14 | 490 | ₹2,08,250 |
| S-HNI Maximum | 67 | 2,345 | ₹9,96,625 |
| B-HNI Minimum | 68 | 2,380 | ₹10,11,500 |
Lohia Corp IPO Anchor Investors
Anchor investor allocation details are captured in the table below:
| Particulars | Details |
| Bidding Opens | 22 July 2026 |
| Shares Offered | 60% of QIB Portion |
| Portion Size | Not disclosed yet |
| 30-Day Lock-in for 50% Shares | 27 August 2026 |
| 90-Day Lock-in for Remaining Shares | 26 October 2026 |
Lohia Corp IPO Prospectus
Learn more about the IPO by visiting the links below:
About Lohia Corp
Incorporation: 5 June 2023
Managing Director and Chairman: Raj Kumar Lohia
Lohia Corp Limited is engaged in the making of machinery and equipment for the technical textiles sector. It is among the leading global manufacturers of machinery for producing high-density polyethylene (HDPE) and polypropylene (PP) sacks and woven fabrics.
The company’s offerings span printing and conversion machines, spare parts, circular looms, coating and lamination lines, recycling equipment, and tape extrusion lines. It also produces machinery for high-performance fibers and monofilaments, supplying customers in India and overseas through its global sales network.
| Issue Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Manager | Motilal Oswal Investment Advisors Ltd.Equirus Capital Ltd. |
Lohia Corp IPO Objectives
Lohia Corp’s IPO comes entirely through an OFS, so the company itself will not receive any capital from the issue. What this route does is let existing shareholders sell off part of their stake, while also getting the company’s shares listed on the NSE and BSE. Once listed, the company stands to gain wider visibility and stronger brand recognition, alongside a proper public market where its shares can be freely traded.
Strengths of Lohia Corp
- Market leadership: Lohia Corp has built a strong name for itself in India’s technical textile machinery business. Its overseas presence is expanding as well.
- Broad service offering: Apart from the sale of machinery, the business offers services like installation, training, maintenance and after-sales support to meet customer needs.
- Focus on innovation: Research and development is central to what the company does. This is backed by modern manufacturing facilities, skills and knowledge built in-house, with a solid set of patented technologies.
- Presence around the globe: The company’s client base is spread across around 100 countries. It can cater to diversified customers and keep the revenue from getting concentrated in one region.
Risks of Lohia Corp
- Relies heavily on imports: Some of the company’s raw material comes from imports. That leaves it open to import curbs, higher duties, tariff changes and supply disruptions.
- Factories could run under capacity: If demand weakens or orders get delayed or cancelled, factories may run under capacity. This can pull down efficiency over time.
- Competition is intense: It has to compete with manufacturers both in India and abroad. That competition can weigh on pricing, market share, new customer wins and profits.
- Exposed to Currency Swings: A large part of revenue comes from exports. This means currency movements can directly affect how much profit and cash the company actually earns.
Lohia Corp IPO Review
Lohia Corp has established a solid presence in the technical textile machinery space, helped along by a varied product range, global reach and financials that keep improving. GMP is positive for now, but long-term growth, industry trends and competitive positioning should be taken into account before applying. As Naveen Kumar notes in his review, the company’s margins and global footprint look promising post-restructuring, though the limited operating track record and OFS-dominated issue structure are risks worth watching.
The offering may suit those with a medium to long-term horizon who understand manufacturing and its risks.
Other Recent IPO List
Check out the latest upcoming IPOs in India for 2026:
| Silverstorm Parks & Resorts IPO | Indo-MIM IPO |
| Gulf Lloyds (India) IPO | Caliber Mining & Logistics IPO |
| Cube Highways Trust InvIT | Sotefin Bharat IPO |
| Millworks Technologies IPO | Alpine Texworld IPO |
Lohia Corp IPO FAQs
Lohia Corp IPO is a book-built public issue worth ₹1,101 crore. It is an entirely OFS issue and the shares are proposed to be listed on the BSE and NSE.
You can apply for the Lohia Corp IPO through your bank’s ASBA facility or using any UPI-enabled stockbroker or trading platform during the subscription period. Ensure that the UPI mandate is approved before the cut-off time on the closing day.
Lohia Corp has a strong market position, improving financial performance and a global presence. However, investors should assess its valuation, long-term growth prospects and industry risks before investing.
The actual returns from the Lohia Corp IPO will depend on market conditions and the company’s post-listing performance. While the GMP reflects positive sentiment, it should not be considered a reliable indicator of listing gains or future returns.
The Lohia Corp IPO will open for subscription on 23 July 2026 and close on 27 July 2026.
The minimum application size is 35 equity shares. At the upper price band, the minimum investment for retail investors is ₹14,875.
The allotment for the Lohia Corp IPO is expected to be finalised on 28 July 2026.
The shares of Lohia Corp are tentatively scheduled to be listed on the BSE and NSE on 30 July 2026.
