Lohia Corp IPO: Price Band, Lot Size, Financials & Review
Lohia Corp IPO listed on BSE & NSE on Thu, 30 Jul 2026. The issue was subscribed 7.25x overall.
- Open Date
- 23 Jul 2026
- Close Date
- 27 Jul 2026
Last updated
- Price band
- ₹404 – ₹425
- Lot size
- 35 shares
- Min. investment
- ₹14,875
- Issue size
- ₹1,101.28 Cr
- Last GMP
- +₹17
- Subscribed
- 🔥 7.25x
Lohia Corp IPO details
Lohia Corp IPO is a ₹1,101.28 Cr book-building IPO on the Mainboard segment, listing on BSE & NSE. It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
The issue was open from Thu, 23 Jul 2026 to Mon, 27 Jul 2026. Allotment was finalised on Tue, 28 Jul 2026, and the shares listed on BSE & NSE on Thu, 30 Jul 2026.
The price band is ₹404 to ₹425 per share and the lot size is 35 shares, so the minimum retail application is ₹14,875. Retail investors can apply for up to 13 lots (455 shares, ₹1,93,375).
MUFG Intime India Pvt Ltd is the registrar, and Motilal Oswal Investment Advisors Ltd and Equirus Capital Private Limited are the book running lead managers.
Grey market premium (GMP)
Day-wise GMP →The last Lohia Corp IPO GMP before listing was +₹17 (+4.00% against the upper price band of ₹425), implying an estimated listing price of ₹442. Across 10 days of tracking, GMP ranged from +₹7 (25 Jul) to +₹40 (21 Jul).
| Last GMP | +₹17 |
|---|---|
| GMP vs upper band | +4.00% |
| Estimated listing price | ₹442 |
| Highest (21 Jul) | +₹40 |
| Lowest (25 Jul) | +₹7 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Lohia Corp IPO day-wise GMP.
Subscription
Day-wise subscription →Lohia Corp IPO was subscribed 7.25x overall: QIB 9.11x, NII 6.82x and retail 2.77x.
| Category | Subscribed |
|---|---|
| QIB | 9.11x |
| NII | 6.82x |
| └ bNII (above ₹10 lakh) | 7.35x |
| └ sNII (₹2–10 lakh) | 5.77x |
| Retail | 2.77x |
| Employees | 1.39x |
| Total | 7.25x |
Final figures at the close of bidding on 27 Jul 2026. Category-wise bids, application-wise breakup and allotment chances are on the Lohia Corp IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 77,19,423 | 53.78% |
| Non-Institutional | 38,59,711 | 26.89% |
| └ BNII | 25,73,141 | 17.93% |
| └ SNII | 12,86,570 | 8.96% |
| Retail Investors | 25,73,140 | 17.93% |
| Employees | 2,00,000 | 1.39% |
| Total | 1,43,52,274 | 100.00% |
Lohia Corp IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,875 |
| Retail (Max) | 13 | 455 | ₹1,93,375 |
| S-HNI (Min) | 14 | 490 | ₹2,08,250 |
| S-HNI (Max) | 67 | 2,345 | ₹9,96,625 |
| B-HNI (Min) | 68 | 2,380 | ₹10,11,500 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
At the upper price band of ₹425, the issue is priced at 23.21x pre-issue earnings and 23.21x post-issue earnings per share.
Listed peers with positive earnings trade at a median P/E of 58.34x (4 companies).
Promoter holding falls from 95.61% before the issue to 75.24% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹18.31 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 23.21x |
| EPS (post-issue) EPS on the enlarged share capital | ₹18.31 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 23.21x |
| Promoter holding (pre-issue) | 95.61% |
| Promoter holding (post-issue) | 75.24% |
Lohia Corp Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹1,386.47 Cr to ₹1,737.87 Cr, and profit after tax rose from ₹117.84 Cr to ₹193.45 Cr. The PAT margin for 31 Mar 2026 was 11.13%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Assets | 1,304.66 | 967.60 |
| Total Income | 1,737.87 | 1,386.47 |
| Profit After Tax | 193.45 | 117.84 |
| Reserve & Surplus | 519.16 | 358.14 |
| Total Borrowings | 152.78 | 212.16 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 36.80 | 31.71 | 11.92 |
| ROCE % | 40.92 | 30.45 | 10.45 |
| Debt / Equity | 0.23 | 0.47 | 1.06 |
| RoNW % | 72.95 | 106.11 | 11.92 |
| Pat Margin % | 11.13 | 8.50 | 2.54 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Lohia Corp Limited | 1 | — | 18.31 | 18.31 | 72.95% | 49.37 |
| Rajoo Engineers Ltd | 1 | 18.27 | 2.74 | 2.74 | 14.16% | 19.33 |
| LMW Limited | 10 | 134.25 | 122.37 | 122.37 | 4.56% | 2,683.25 |
| Mamata Machinery Ltd | 10 | 62.07 | 6.12 | 6.12 | 8.13% | 75.21 |
| Jyoti CNC Automation Ltd | 2 | 54.60 | 14.78 | 14.78 | 16.79% | 88.00 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to utilize the Offer Proceeds for the following Objects.
| Sr | Objective |
|---|---|
| 1 | Capitalize on the benefits of Equity Share listing on the Stock Exchanges |
About Lohia Corp Limited
ohia Corp is a leading global manufacturer of machinery and equipment for the technical textiles industry, with a strong focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (raffia products). The company provides end-to-end manufacturing solutions that cater to customers across both packaging and non-packaging applications worldwide.
Manufacturing Capabilities
As of March 31, 2025, Lohia Corp had an annual installed manufacturing capacity of:
- 240 Tape Extrusion Lines
- 13,800 Circular Looms
- 108,000 Tape Winders
Product Portfolio
The company offers a comprehensive range of machinery and equipment, including:
- Tape Extrusion Lines
- Circular Looms
- Coating & Lamination Lines
- Printing & Conversion Machines
- Multifilament Yarn Production Machines
- Twister Winders
- Monofilament Extrusion Lines
- Recycling Machines
- Spare Parts and Aftermarket Solutions
End-Use Applications
Lohia Corp's machinery supports the production of woven products used across diverse industries.
Packaging Applications
- Cement Bags
- Fertilizer Bags
- Chemical Bags
- Polymer Bags
- Food Grain Bags
- Mineral Bags
- Shopping Bags
- Flexible Intermediate Bulk Containers (FIBCs)
- Container Liners
Non-Packaging Applications
- Tarpaulins
- Geotextiles
- Ground Covers
- Carpet Backing Fabrics
- Ropes
- Twines
Operational Highlights (As of March 31, 2025)
- Supplied over 2,300 Tape Extrusion Lines worldwide.
- Sold more than 468,000 Tape Winders.
- Installed over 96,000 Circular Weaving Looms globally.
Intellectual Property
As of the date of the Draft Red Herring Prospectus (DRHP), the company owned:
- 53 registered trademarks
- 60 granted patents in India
- 56 granted patents outside India
- 8 registered industrial designs
Additionally, applications for 22 trademarks and 28 patents were pending registration.
Global Presence
Lohia Corp has established a strong international footprint through:
- 4 sales offices across India.
- 1 corporate office in India.
- 5 international offices located in Brazil, Russia, Thailand, the UAE, and the USA.
- A network of sales agents in 17 countries spanning Latin America, Africa, East Asia, and the Middle East.
Workforce
As of May 31, 2025, Lohia Corp employed 1,736 permanent employees, supporting its manufacturing, engineering, research and development, sales, and customer service operations globally.
Promoters
- Raj Kumar Lohia
- Gaurav Lohia
- Amit Kumar Lohia
Contact details
Lohia Corp Ltd.
D-3/A, Panki Industrial Estate,
Udyog Nagar (Kanpur Nagar),
Kanpur Nagar, Ratan Lal Nagar,
Kanpur, Uttar Pradesh, 208022
Phone: +91 512-2593100
Email: compliance@lohiagroup.com
Website: http://www.lohiagroup.com/
Lohia Corp IPO FAQs
- What is the Lohia Corp IPO price band?
- The Lohia Corp IPO price band is ₹404 to ₹425 per share.
- What is the Lohia Corp IPO lot size and minimum investment?
- The Lohia Corp IPO lot size is 35 shares. The minimum retail investment is ₹14,875 for one lot at the upper price band. Retail investors can apply for up to 13 lots (455 shares), costing ₹1,93,375.
- When was Lohia Corp IPO open for subscription?
- Lohia Corp IPO was open for subscription from Thu, 23 Jul 2026 to Mon, 27 Jul 2026.
- What is the Lohia Corp IPO subscription status?
- Lohia Corp IPO was subscribed 7.25x overall: QIB 9.11x, NII 6.82x and retail 2.77x. Day-wise and category-wise figures are on the subscription page.
- What was the Lohia Corp IPO GMP before listing?
- The last Lohia Corp IPO GMP before listing was +₹17 (+4.00% against the upper price band of ₹425), implying an estimated listing price of ₹442. Across 10 days of tracking, GMP ranged from +₹7 (25 Jul) to +₹40 (21 Jul). GMP is an unofficial grey market indicator and can change quickly.
- What is the Lohia Corp IPO allotment date?
- The Lohia Corp IPO basis of allotment was finalised on Tue, 28 Jul 2026. You can check your allotment status on the MUFG Intime India Pvt Ltd website.
- What is the Lohia Corp IPO listing date?
- Lohia Corp IPO listed on BSE & NSE on Thu, 30 Jul 2026.
- Is the Lohia Corp IPO a fresh issue or an offer for sale?
- It is entirely an offer for sale (OFS): existing shareholders are selling their shares, and the company does not receive any of the money raised.
- Who are the registrar and lead managers of the Lohia Corp IPO?
- The registrar for the Lohia Corp IPO is MUFG Intime India Pvt Ltd, and the book running lead managers are Motilal Oswal Investment Advisors Ltd and Equirus Capital Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.