Lohia Corp IPO GMP today is Rs 15. Investors can use this GMP along with price band and subscription status for a better IPO review.
Open
Mainboard IPO
LOHIACORP
Lohia Corp
Lohia Corp Limited is a leading global manufacturer of machinery and equipment for technical textiles, specialising in solutions for producing polypropylene (PP) and high-density polyethene (HDPE) woven fabric and sacks (Raffia). The company designs, manufactures, and supplies a comprehensive range of processing and weaving machinery, including tape extrusion lines, circular looms, and tape winders, alongside offering spare parts and after-sales services. It operates through six manufacturing facilities across India, the US, and Italy, serving end-use markets across sectors like agriculture, construction, geotextiles, and consumer packaging. Lohia Corp generates revenue primarily from the sale of its woven raffia machinery and spare parts. In addition to its core equipment offerings, the company manufactures flexible intermediate bulk containers (FIBC) and yarn at its live experience centre and is expanding into recycling machinery for plastic waste.
IPO Details
Complete IPO information
| Current GMP | ₹15 |
|---|---|
| Estimated Listing Gain | +3.52% |
| Price Band | ₹404.00 - ₹425.00 |
| Issue Price | ₹425.00 |
| Listing Price | TBA |
| Lot Size | 35 Shares |
| Issue Type | Mainboard |
| Issue Size | Approx ₹1,101.28 Cr |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 0.59x |
| Listing Date | 30 Jul 2026 |
| Minimum Investment | ₹14,875 |
Timeline
IPO roadmap at a glance
01
Bidding Opens
23 Jul 2026
02
Bidding Closes
27 Jul 2026
03
Allotment
28 Jul 2026
04
Listing
30 Jul 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 24 Jul 2026 | ₹15.00 | -₹21.00 | 3.53% |
| 23 Jul 2026 | ₹36.00 | -₹4.00 | 8.47% |
| 22 Jul 2026 | ₹40.00 | -₹16.00 | 9.41% |
| 21 Jul 2026 | ₹56.00 | - | 13.18% |
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 35 | ₹14,875 |
| Retail Maximum | 13 Lot | 455 | ₹1,93,375 |
| S-HNI Minimum | 14 Lot | 490 | ₹2,08,250 |
| S-HNI Maximum | 67 Lot | 2,345 | ₹9,96,625 |
| B-HNI Minimum | 68 Lot | 2,380 | ₹10,11,500 |
Issue Notes
Important takeaways before applying
Strengths
- Lohia Corp Limited held a leading 15.4% global market share by value in the woven raffia machinery market in 2024.
- The company held a dominant domestic position in India with a 40.7% market share by value in Fiscal 2025.
- It operates a global manufacturing footprint consisting of six facilities located across India, the USA, and Italy.
- The company maintains strong in-house R&D capabilities supported by 251 dedicated employees representing 12.49% of its workforce.
- It possesses a broad intellectual property portfolio with 71 granted patents in India and 56 granted patents globally.
Risks
- The company is heavily dependent on woven raffia machines, which accounted for 88.16% of total revenue from operations in Fiscal 2026.
- Sourcing a significant portion of raw materials and components from overseas suppliers exposes the business to import restrictions and tariff changes.
- Generating 42.18% of Fiscal 2026 revenue from operations outside India exposes the company to foreign currency fluctuation risks.
- Production is reliant on six manufacturing facilities, making operations vulnerable to localised slowdowns, breakdowns, or labour disruptions.
- Fluctuations in the price or availability of primary raw materials could adversely affect operational costs and profit margins.
Analysis
Lohia Corp IPO Details
Lohia Corp Limited is launching its Initial Public Offering (IPO) through the Bookbuilding Issue route. The public issue consists entirely of an Offer for Sale (OFS), under which the existing shareholders will sell part of their shareholding. Since this is a complete OFS, the company will not receive any proceeds from the issue, and the funds raised will go to the selling shareholders after deducting applicable issue-related expenses.
The equity shares of Lohia Corp Limited are proposed to be listed on both the BSE and the NSE. Investors can submit their bids within the specified price band during the IPO subscription period.
| Particular | Details |
|---|---|
| Lohia Corp IPO Open Date | July 23, 2026 |
| Lohia Corp IPO Close Date | July 27, 2026 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹404 to ₹425 Per Share |
| Issue Size | Approx ₹1,101.28 Crores |
| Offer for Sale (OFS) | Approx 2,59,31,407 Equity Shares |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE, NSE |
Analysis
Lohia Corp IPO Reservation
Lohia Corp Limited has allocated the IPO among various investor categories in accordance with the SEBI regulations applicable to book-built public issues. The reservation structure provides separate allocations for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring broad participation in the public issue.
The largest portion of the issue has been reserved for institutional investors, while dedicated quotas have also been earmarked for non-institutional and retail investors. The anchor investor allocation, if any, will be announced before the IPO opens for subscription.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Analysis
Lohia Corp IPO Anchor Investors
Lohia Corp Limited has scheduled its Anchor Investor bidding on July 22, 2026, one working day before the IPO opens for public subscription. The anchor book is reserved for eligible Qualified Institutional Buyers (QIBs) and is designed to attract long-term institutional participation in the public issue.
The final list of anchor investors, the number of shares allotted, and the total anchor investment amount will be disclosed after the completion of the anchor allocation process and before the IPO opens for subscription.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 22, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The anchor investor allocation details, including the names of participating institutions, number of shares allotted, anchor issue size, and lock-in expiry dates, will be updated once the company completes the anchor placement process.
Analysis
Lohia Corp IPO Dates
The Lohia Corp IPO will open for public subscription on July 23, 2026 and will remain open until July 27, 2026. During this period, investors can submit their bids through the ASBA process or UPI-supported applications, depending on their eligibility.
The basis of allotment is expected to be finalized on July 28, 2026. Refunds to unsuccessful applicants and credit of equity shares to successful investors' demat accounts are scheduled for July 29, 2026. The shares of Lohia Corp Limited are proposed to be listed on the BSE and the NSE on July 30, 2026.
| Event | Date |
|---|---|
| IPO Open Date | July 23, 2026 |
| IPO Close Date | July 27, 2026 |
| Basis of Allotment | July 28, 2026 |
| Refunds Initiation | July 29, 2026 |
| Credit to Demat Account | July 29, 2026 |
| IPO Listing Date | July 30, 2026 |
Analysis
Lohia Corp IPO Promoters and Holding Pattern
Lohia Corp Limited is promoted by Raj Kumar Lohia, Gaurav Lohia, and Amit Kumar Lohia. The promoter group has played a key role in the company's growth and expansion over the years and continues to guide its strategic direction and long-term business development.
As the IPO is entirely an Offer for Sale (OFS), the promoters will dilute a portion of their shareholding. However, they will continue to retain a significant majority stake in the company after the completion of the public issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 10,56,50,000 | 95.61% |
| Promoter Holding Post Issue | 10,56,50,000 | 75.24% |
Note: The post-issue promoter shareholding reflects the dilution resulting from the Offer for Sale. Despite the reduction in percentage ownership, the promoters are expected to remain the controlling shareholders of Lohia Corp Limited after the IPO.
Analysis
Lohia Corp IPO Objects of the Issue & Utilisation of Proceeds
The Lohia Corp IPO is a complete Offer for Sale (OFS). Accordingly, the company will not receive any proceeds from the public issue. The entire amount raised through the IPO will be received by the selling shareholders after deducting applicable issue-related expenses.
The primary objective of the IPO is to obtain the benefits associated with listing the company's equity shares on the stock exchanges. A public listing is expected to enhance the company's visibility, improve liquidity for existing shareholders, and provide a broader platform for participation by public investors.
| Purpose | Amount |
|---|---|
| Achieve the benefits of listing the Equity Shares on the Stock Exchanges | ₹- |
Note: Since the IPO consists entirely of an Offer for Sale, Lohia Corp Limited will not receive any funds from the issue. The proceeds from the sale of shares will accrue to the respective selling shareholders.
Analysis
Lohia Corp - About IPO
Since its incorporation in 1981, Lohia Corp Limited has been a trusted manufacturer of machinery and equipment for the plastic woven and fabric industry. The firm started its business with the manufacturing of Circular Looms (a machine that is used to weave plastic fabric), and since then they expanded its portfolio with a diverse range of machines, including extrusion, winding, lamination, conversion, and multifilament.
Lohia Corp is supported by strong service, Research & Development, and global recognition, allowing them to craft innovative, reliable, and scalable machinery. The firm has over 40 years of experience in building woven plastics machinery and India’s first synthetic fiber processing machines. Along with selling products, the company is also involved in various services like supplying spare parts for field maintenance.
Analysis
Lohia Corp IPO Company Financial Report
Lohia Corp Limited has reported strong financial growth over the latest reported financial years. The company recorded a healthy increase in revenue, profitability, and total assets during FY2026, reflecting improving business performance and operational efficiency. These financial figures provide investors with an overview of the company's recent performance before the IPO.
The following table summarizes the company's revenue, expenses, profit after tax (PAT), and total assets based on the latest available financial statements.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | ₹1,386.47 | ₹1,224.05 | ₹117.84 | ₹967.60 |
| 2026 | ₹1,737.87 | ₹1,463.42 | ₹193.45 | ₹1,304.66 |
Amount in ₹ Crores: The above financial information is based on the latest available financial statements of Lohia Corp Limited and is intended to help investors evaluate the company's financial performance before investing in the IPO.
Analysis
Lohia Corp IPO Valuation – FY2026
Lohia Corp Limited has reported strong financial performance for FY2026, supported by healthy profitability and efficient capital utilization. Key valuation indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Capital Employed (ROCE), Return on Net Worth (RoNW), Net Asset Value (NAV), and EBITDA margin provide investors with a comprehensive view of the company's financial strength before the IPO.
These valuation metrics can be compared with those of listed industry peers to assess the company's pricing, profitability, and overall investment potential at the proposed IPO price band.
| KPI | Values |
|---|---|
| ROE | 36.80% |
| ROCE | 40.92% |
| EBITDA Margin | 19.53% |
| PAT Margin | 11.13% |
| Debt to Equity Ratio | 0.23 |
| Earning Per Share (EPS) | ₹18.31 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 72.95% |
| Net Asset Value (NAV) | ₹49.37 |
Note: The above valuation metrics are based on the FY2026 financial statements of Lohia Corp Limited. Investors should review these financial indicators together with the IPO price band, peer comparison, business fundamentals, and future growth prospects before making an investment decision.
Analysis
Lohia Corp IPO Peer Group Comparison
Lohia Corp Limited operates in the industrial machinery and engineering equipment segment. Comparing the company's financial metrics with other listed peers enables investors to assess its relative profitability, valuation, operational efficiency, and financial strength. Key indicators such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and total income provide a useful benchmark for evaluating the IPO.
The following table presents the financial comparison of selected listed companies operating in similar manufacturing and industrial engineering businesses.
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Rajoo Engineers Limited | 2.74 | 18.27 | 14.16% | 19.33 | 344.25 Cr. |
| LMW Limited | 122.37 | 134.25 | 4.56% | 2,683.25 | 3,207.42 Cr. |
| Mamata Machinery Limited | 6.12 | 62.07 | 8.13% | 75.21 | 233.00 Cr. |
| Jyoti CNC Automation Limited | 14.78 | 54.60 | 16.79% | 88.00 | 2,093.13 Cr. |
| Windsor Machines Limited | 0.08 | NA | 0.13% | 55.73 | 570.50 Cr. |
Note: The peer comparison is provided for informational purposes only. Investors should evaluate the business model, product portfolio, financial performance, growth prospects, and IPO valuation of Lohia Corp Limited along with these peer metrics before making any investment decision.
Analysis
IPO Lead Managers aka Merchant Bankers
- Equirus Capital Ltd.
- Motilal Oswal Investment Advisors Ltd.
FAQ
Lohia Corp IPO FAQs
Lohia Corp IPO price band is Rs 404.00 to Rs 425.00. Check the latest issue price, lot size and GMP together before applying.
Lohia Corp IPO open date is 23 Jul 2026, close date is 27 Jul 2026, and listing date is 30 Jul 2026.
Lohia Corp IPO lot size is 35 shares. The minimum retail investment is Rs 14,875.
Lohia Corp is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Lohia Corp IPO subscription status currently shows Retail 1.08x, QIB 0.51x, Overall 0.59x.
Lohia Corp Limited is a leading global manufacturer of machinery and equipment for technical textiles, specialising in solutions for producing polypropylene (PP) and high-density polyethene (HDPE) woven fabric and sacks (Raffia). The company designs, manufactures, and supplies a comprehensive range of processing and weaving machinery, including tape extrusion lines, circular looms, and tape winders, alongside offering spare parts and after-sales services. It operates through six manufacturing facilities across India, the US, and Italy, serving end-use markets across sectors like agriculture, construction, geotextiles, and consumer packaging. Lohia Corp generates revenue primarily from the sale of its woven raffia machinery and spare parts. In addition to its core equipment offerings, the company manufactures flexible intermediate bulk containers (FIBC) and yarn at its live experience centre and is expanding into recycling machinery for plastic waste.
Lohia Corp IPO issue size is 1101.28 and the expected allotment date is 28 Jul 2026.