Lohia Corp IPO Lists July 30: Expected 4.12% Gain
By IPO Desk
Lohia Corp IPO to list on July 30, 2026, after a 7.25x subscription. Expecting a 4.12% listing gain based on grey market premium. Details inside.
Lohia Corp’s Initial Public Offering is slated for a July 30, 2026, listing on the BSE and NSE, anticipated to generate a 4.12% listing gain. The IPO was fully subscribed 7.25 times over its July 23 to July 27, 2026, offering period.
Key IPO Figures
- Overall Subscription: 7.25 times
- Estimated Listing Price: ₹442.5 per share
- IPO Price: ₹425
- Total IPO Value: ₹1,101.28 crore
Investor interest was strong across categories, with Qualified Institutional Buyers showing the highest demand. Their portion was oversubscribed 9.11 times, outpacing other investor groups.
- Non-Institutional Investors (NIIs) subscribed: 6.82 times
- Retail Individual Investors (RIIs) subscribed: 2.78 times
- Employee Quota subscribed: 1.39 times
Offer Structure and Allotment
The ₹1,101.28 crore IPO comprised a 100% Offer for Sale of 2.59 crore equity shares. This structure ensures all proceeds go directly to selling shareholders, including Raj Kumar Lohia, Amit Kumar Lohia, and Gaurav Lohia, rather than to the company itself.
Allotment status was finalized on July 28, with shares expected in demat accounts by July 29. Retail investors faced a minimum bid of 35 shares, totaling an investment of ₹14,875.
- Employee reservation: 2,00,000 shares
- Employee discount: ₹40.00 to issue price
- Book Running Lead Manager: Equirus Capital Ltd.
- Registrar: MUFG Intime India Pvt. Ltd.
Company Profile and Financial Health
Lohia Corp operates as a global manufacturer of machinery and equipment for the technical textiles industry. The company specializes in producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks.
Although incorporated in 2023, its current business operations started in June 2024 following a corporate restructuring. The company demonstrated robust financial performance in FY26.
- FY26 Revenue from Operations: ₹1,716.99 crore (up from ₹1,376.87 crore in FY25)
- FY26 Net Profit: ₹193.45 crore (up from ₹117.84 crore in FY25)
This strong financial trajectory, marked by significant revenue and profit growth, underpins the company’s market debut. The listing will reflect investor confidence in its specialized manufacturing sector.