Archive · 24 Jul 2026
Lohia Corp IPO Opens with Strong Institutional Interest
Lohia Corp, a company that makes machines for technical textiles, is opening its IPO for subscription from 23 July to 27 July.
The price for each share is between ₹404 and ₹425.
The company has a strong presence in India and globally, with an 80% market share in India and 17.5% globally in the raffia machinery segment.
The IPO has raised ₹492 crore from anchor investors, showing strong interest.
Brokerages like Swastika Investmart and Kantilal Chhaganlal Securities recommend investing in this IPO for the long term due to the company's strong financial performance and market leadership.
The shares are expected to be listed on 30 July.
Lohia Corp IPO opens on 23 July and closes on 27 July with a price band of ₹404-425 per share.
The company raised ₹492 crore from anchor investors, indicating strong institutional interest.
Lohia Corp has a dominant market share of 80% in India and 17.5% globally in the raffia machinery segment.
Brokerages recommend subscribing to the IPO for long-term investment due to strong financial metrics and market leadership.
The IPO is an Offer for Sale (OFS) with no fresh issue component, meaning no new funds will flow into the company.
- Who
- Lohia Corp, a global manufacturer of machinery for technical textiles.
- What
- The opening of Lohia Corp's IPO for subscription.
- When
- The IPO opens on 23 July and closes on 27 July.
- Where
- The IPO is being offered in India, with shares to be listed on BSE and NSE.
- Why
- To allow existing shareholders to sell their shares and for investors to participate in the company's growth.
Investment Recommendation
Valuation Concerns
Brokerage Recommendations
Investment Recommendation
Swastika Investmart and Kantilal Chhaganlal Securities recommend subscribing to the IPO for long-term investment due to strong financial metrics and market leadership.
Valuation Concerns
Some investors may be concerned about the premium valuation at 23x FY26 earnings compared to peers like Rajoo Engineers at 18x.
- IPO Opening Date
- Thursday, 23 July
- IPO Closing Date
- Monday, 27 July
- Price Band
- ₹404-425 per share
- Lot Size
- 35 equity shares
- Anchor Investment
- ₹492 crore
- Listing Date
- Thursday, 30 July
- Market Share
- 80% in India, 17.5% globally in raffia machinery
- GMP
- +36
