Lohia Corp IPO Allotment Finalized: Strong Subscription
By IPO Desk
Lohia Corp IPO allotment finalized July 28, 2026. Issue subscribed 7.25x, attracting bids worth ~Rs 4,500 crore. Listing on BSE & NSE July 30.
Lohia Corp’s initial public offering allotment is set for finalization on Tuesday, July 28, 2026. The issue, which aimed to raise Rs 1,101 crore, saw an overall subscription of 7.25 times.
– Overall Subscription: 7.25 times
– Total Applications: ~1.91 lakh
– Total Bids Value: ~Rs 4,500 crore
– QIB Subscription: 9.11 times
– NII Subscription: 6.82 times
– Retail Subscription: 2.77 times
– Employee Subscription: 1.39 times
The IPO opened for bidding from July 23-27, 2026, with shares offered in a price band of Rs 404-425 apiece. Investors applied for a minimum of 35 shares.
Allotment Odds and Listing Details
Investors can expect fund debits and refunds to commence on Wednesday, July 29, 2026. The shares are scheduled for listing on both BSE Ltd and NSE on Thursday, July 30, 2026.
– Big HNI Allotment Odds: 75%
– Small HNI Allotment Odds: 20%
– Retail Investor Allotment Odds: 50%
– Grey Market Premium (GMP): Rs 10-12 per share discount
– Potential Listing Gain Indication: 2-3%
Lohia Corp, established in Kanpur in 2023, manufactures machinery and equipment for technical textiles. This includes production lines for polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks.
Operational Capacity and Advisors
As of March 31, 2026, the company reported an annual installed capacity of 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders. Equirus Capital and Motilal Oswal Financial Services acted as book running lead managers for the IPO.
MUFG Intime India served as the registrar for the issue. Investors can check their allotment status on the websites of BSE, NSE, and MUFG Intime India.