The IPO is entirely an offer for sale (OFS) comprising over 2.59 million equity shares, meaning the proceeds will go to existing shareholders, while the company itself will not receive any funds from the offering.
Lohia Corp has set the price band between Rs 404 and Rs 425 per share. The public edition will remain open to subscription from July 23 to 27.
The allotment of shares is expected to be finalized on July 28, while the company’s shares are likely to make their debut on NSE and BSE on July 30.
Lohia Corp IPO GMP today
According to market trackers, Lohia Corp’s IPO has a GMP of Rs 36, or about 8.5% above the upper price band of Rs 425. Based on the current premium, the estimated trading price stands at around Rs 461 per share. However, GMP is an unofficial market indicator and does not guarantee trading gains.
IPO details
The IPO has a lot size of 35 shares. In the upper price band of Rs 425, retail investors will have to invest a minimum of Rs 14,875 for one lot.
Equirus Capital Ltd and Motilal Oswal Investment Advisors Ltd are the lead managers of the issue, while MUFG Intime India Pvt. Ltd. is the registrar.
Promoters and existing shareholders will sell their stake through OFS
The Offer for Sale (OFS) includes stake sales by various promoter shareholders. Raj Kumar Lohia is offloading up to 167.28 lakh shares, while Gaurav Lohia will sell 22.18 lakh shares. Amit Kumar Lohia and Ritu Lohia are offering 9.20 lakh and 16.71 lakh shares respectively.
Apart from the promoters, other shareholders participating in the OFS include Alok Kumar Lohia, who is selling 21.71 lakh shares, Anurag Lohia with 11.38 lakh shares and Anuja Lohia, who is selling 10.85 lakh shares.
About Lohia Corp.
Incorporated in 2023, Lohia Corp manufactures machinery and equipment used in the production of technical textiles, particularly for the manufacture of polypropylene (PP) and high-density polyethylene (HDPE) bags and fabrics.
As of March 31, 2026, the company had an installed annual capacity of 240 ribbon extrusion lines, 13,800 circular looms and 108,000 winding machines. Its product portfolio includes ribbon extrusion lines, circular looms, coating and lamination lines, printing and converting machines, multifilament yarn machines, twist winders, monofilament extrusion lines, recycling machines and related spare parts.
The company’s machinery serves industrial and packaging applications in sectors such as cement, fertilizers, chemicals, polymers, food grains and minerals, while supporting the production of shopping bags, FIBC, container liners, tarpaulins, geotextiles, ground covers, carpet backings, ropes and twine.
Financial performance
Lohia Corp reported a 64% year-on-year rise in net profit to Rs 193 crore in FY26, compared to Rs 118 crore in FY25.
Revenue from operations rose 25% year-on-year to Rs 1,717 crore in FY26 from Rs 1,377 crore a year earlier, reflecting strong growth in both revenue and profitability.
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