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Lohia Corp IPO: Price band set at  ₹404-425 per share; check key dates, issue details
market · Livemint · 20 Jul 2026

Lohia Corp IPO: Price band set at ₹404-425 per share; check key dates, issue details

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Lohia Corp Limited has set its IPO price band between ₹404 and ₹425 per share, with subscription opening on July 23 and closing on July 27. The IPO consists entirely of an Offer for Sale of over 2.59 crore equity shares, with proceeds going to selling shareholders, and is expected to list on BSE and NSE on July 30. The company reported a significant 64% increase in net profit for FY26, indicating strong financial growth.

Lohia Corp IPO price band: The Lohia Corp Limited IPO price band has been fixed in the range of ₹404 to ₹425 per equity share of the face value of Re 1. The Lohia Corp IPO date of subscription is scheduled for Thursday, 23 July and will close on Monday, 27 July. The allocation to anchor investors for the Lohia Corp IPO is scheduled to take place on Wednesday, 22 July.

The Lohia Corp IPO lot size is 35 equity shares and in multiples of 35 equity shares thereafter.

Lohia Corp IPO has reserved not more than 75% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 10% of the offer is reserved for retail investors.

Tentatively, Lohia Corp IPO basis of allotment of shares will be finalised on Tuesday, 28 July and the company will initiate refunds on Wednesday, 29 July while the shares will be credited to the demat account of allottees on the same day following refund. Lohia Corp share price is likely to be listed on BSE and NSE on Thursday, 30 July.

The Lohia Corp IPO is entirely an Offer for Sale (OFS) of over 2.59 crore equity shares, with all proceeds going to the selling shareholders. As the issue does not include a fresh issue component, Lohia Corp will not receive any funds from the public offering.

The promoter shareholders participating in the OFS include Raj Kumar Lohia, who will sell up to 167.28 lakh shares, Gaurav Lohia (22.18 lakh shares), Amit Kumar Lohia (9.20 lakh shares), and Ritu Lohia (16.71 lakh shares). Other selling shareholders include Alok Kumar Lohia (21.71 lakh shares), Anurag Lohia (11.38 lakh shares), and Anuja Lohia (10.85 lakh shares).

Equirus Capital Ltd. is the book-running lead manager to the issue, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar.

Incorporated in 2023, Lohia Corp is a global manufacturer of machinery and equipment used in the production of technical textiles, with a strong focus on machines for manufacturing polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks.

As of March 31, 2026, the company had an annual installed capacity of 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders. Its product portfolio spans tape extrusion lines, circular looms, coating and lamination lines, printing and conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines, recycling machines, and related spare parts.

Lohia Corp's machinery serves a wide range of packaging and industrial applications, enabling the production of cement, fertiliser, chemical, polymer, food grain and mineral bags, as well as shopping bags, flexible intermediate bulk containers (FIBCs), container liners, tarpaulins, geotextiles, ground covers, carpet backing, ropes, and twines.

The company delivered robust financial growth in FY26, with net profit rising 64% year-on-year to ₹193 crore from ₹118 crore in FY25. Revenue from operations increased 25% to ₹1,717 crore, compared with ₹1,377 crore a year earlier, reflecting healthy growth in both revenue and profitability.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close ey...

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