Lohia Corp IPO Fixes Price Band at Rs 404-425: Manufacturing giant targets Rs 1,101 crore in OFS

Lohia Corp IPO Fixes Price Band at Rs 404-425: Manufacturing giant targets Rs 1,101 crore in OFS​

Lohia Corp has set the final price band for its Rs 1,101.28 crore initial public offering (IPO). The public issue will commence subscription on July 23, following anchor investor bidding scheduled for the day before. The IPO is structured entirely as an Offer for Sale (OFS) of over 2.59 crore equity shares, meaning proceeds generated will benefit existing shareholders rather than flowing back into company operations.

The price band has been pegged at Rs 404–425 per share. A retail investor must invest a minimum of Rs 14,875 to purchase one lot, given the prescribed lot size of 35 shares. The allotment is anticipated by July 28, with the stock market debut slated for NSE and BSE on July 30.

IPO Subscription Timeline and Structure​

The offering provides investors a chance to participate in the sale of stakes held by various promoter shareholders and related family members. Among those participating are Raj Kumar Lohia (up to 167.28 lakh shares), Gaurav Lohia, Amit Kumar Lohia, and Ritu Lohia. Other participating shareholders include Alok Kumar Lohia, Anurag Lohia, and Anuja Lohia.

Equirus Capital Ltd. serves as the book-running lead manager for this IPO, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar. The completion of this OFS highlights a structured opportunity to exit stakes in the rapidly growing manufacturing entity.

Global Footprint and Core Business Profile​

Incorporated in 2023, Lohia Corp operates as a key global manufacturer specializing in machinery and equipment for technical textiles. The company's focus is primarily on the production requirements for polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks.

The extensive product portfolio includes tape extrusion lines, circular looms, coating and lamination lines, printing and conversion machines, and multifilament yarn machines. Lohia Corp's machinery supports diverse industrial applications beyond packaging, catering to cement, fertilizer, chemical, polymer, food grain, and mineral bags production.

Financial Health Drives Strong IPO Offering​

Lohia Corp has demonstrated robust financial growth in recent years, providing a solid foundation for the IPO listing. The company reported a significant 64% year-on-year jump in net profit for FY26, achieving Rs 193 crore, compared to Rs 118 crore in FY25.

Revenue from operations also exhibited strong expansion, increasing by 25% year-on-year to reach Rs 1,717 crore in FY26. This growth trajectory across profitability and topline performance reflects the company's operational resilience and market penetration in the global textile machinery sector.