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Lohia Corp IPO subscribed 20% so far on Day 1: Check price band, lot size and key dates

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on July 23, 2026, 15:29 IST

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SUMMARY

Lohia Corp IPO is solely an offer-for-sale (OFS) of up to 2.59 crore equity shares aggregating to ₹1,101.28 crore by existing shareholders. Since the initial share sale is an OFS, the firm will not get any proceeds, and the money will go to selling shareholders.

Lohia Corp makes machinery and equipment for technical textiles for producing polypropylene and high-density polyethylene woven fabrics and sacks.

Lohia Corp makes machinery and equipment for technical textiles for producing polypropylene and high-density polyethylene woven fabrics and sacks. | Image: Lohiagroup.com

The initial public offering of industrial machinery manufacturer Lohia Corp opened for subscription on Thursday, July 23. The issue will conclude on July 27. The price band has been fixed at ₹404 to ₹425 per share.

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The IPO is solely an offer-for-sale (OFS) of up to 2.59 crore equity shares aggregating to ₹1,101.28 crore by existing shareholders. Since the initial share sale is an OFS, the firm will not get any proceeds, and the money will go to selling shareholders.

Under the OFS, promoters Raj Kumar Lohia, Gaurav Lohia, Amit Kumar Lohia and Ritu Lohia, and shareholders Alok Kumar Lohia, Anuja Lohia and Anurag Lohia will offload their stake.

Lohia Corp IPO Day 1: Subscription status

CategoryNo of Times (As of 3:28 pm)
Qualified Institutional Buyers12%
Non-Institutional Investors12%
Retail Investors58%
Total20%

Retail investors can apply for a minimum of 35 shares and multiples thereof. The company has reserved 75% of the net offer for qualified institutional buyers (QIBs), 15% for the non-institutional investors (NIIs) and 10% for retail investors.

Indo MIM IPO: Allotment and listing date

EventDate
Subscription periodJuly 22 to July 27
Basis of allotmentJuly 28
Initiation of RefundsJuly 29
Credit of Shares to DematJuly 29
Listing dateJuly 30

Before the IPO, the company had raised ₹492 crore from anchor investors, including ICICI Prudential Mutual Fund (MF), Nippon India MF, Motilal Oswal MF, Kotak Mahindra MF, Aditya Birla Sun Life MF, Tata AIA Life Insurance, Canara Robeco MF, SBI Life Insurance, Edelweiss Life Insurance, Ashoka India Equity Investment Trust Plc, and offshore investors like Societe Generale, Citigroup Global Markets Mauritius and Nomura Singapore.

Lohia Corp makes machinery and equipment for technical textiles for producing polypropylene and high-density polyethylene woven fabrics and sacks.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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