Lohia Corp IPO Day 3: 59% Booked, GMP Hints 1.65% Listing Gain

Lohia Corp is a company that makes machines for technical textiles.

They are selling shares to the public for the first time, called an IPO.

So far, 59% of the shares have been booked.

Experts think the shares might go up by 1.65% when they start trading.

Some people think it's a good idea to invest because the company is a leader in its field and has strong finances.

Others are worried because the company depends a lot on one type of business and the shares are priced higher than some competitors.

The IPO will close on 27 July and the shares will start trading on 30 July.