About Lohia Corp IPO
Lohia Corp Limited is set to launch its IPO for public subscription on July 23, 2026, and will remain open until July 27, 2026.
The price band of the Lohia Corp IPO is set between ₹404 and ₹425 per equity share. The allotment of the Lohia IPO is expected to be finalised on July 28, 2026.
The Lohia Corp IPO is a ₹1,101.28 crore book-building issue, comprising entirely of an offer for sale (OFS) of up to 2,59,31,407 equity shares with a face value of ₹1 each.
Since this is a 100% OFS, the company will not receive any proceeds from this IPO. The entire amount goes to the selling shareholders from the Lohia family.
Business Overview of Lohia Corp
Lohia Corp Limited, headquartered in Kanpur, Uttar Pradesh, is among the leading global manufacturers of machinery and equipment for the technical textiles industry. It has a specific focus on polypropylene (PP), high-density polyethylene (HDPE) woven fabric & sack (raffia) manufacturing.
The Lohia Corp’s product portfolio spans
- Tape extrusion lines
- Circular looms
- Coating and lamination lines
- Printing and conversion machines
- Multifilament yarn machines
- Twister winders
- Monofilament extrusion lines
- Recycling machines and spare parts.
Lohia Corp holds a 40.7% market share by value in India's woven Raffia machinery segment and is recognised as a market leader in India. It is also among the leading global manufacturers of woven raffia machinery.
The company had 2,010 permanent employees as of March 31, 2026, and serves a diverse global customer base.
Lohia Corp IPO Date, Price, and Other Details
The following are the details of the upcoming Lohia Corp IPO.
| Particulars | Details |
|---|---|
| IPO Size | Book-build issue of ₹1,101.28 crore |
| Offer Type | 100% Offer for Sale (no fresh issue) |
| Total Number of Equity Shares | 2,59,31,407 shares |
| Price Band | ₹404 to ₹425 per share |
| Issue Dates | Opens: Jul 23, 2026 · Closes: Jul 27, 2026 |
| Anchor Investor Date | Jul 22, 2026 |
| Minimum Bid Lot | 1 lot of 35 shares |
| Minimum Investment (Retail) | ₹14,875 (at upper band) |
| Allotment Date | Jul 28, 2026 |
| Credit to Demat | Jul 29, 2026 |
| Listing Date | Jul 30, 2026 |
| Face Value | ₹1 per share |
| Lead Managers (BRLMs) | Equirus Capital Pvt. Ltd. and Motilal Oswal Investment Advisors Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Listing Exchanges | National Stock Exchange of India (NSE) & Bombay Stock Exchange (BSE) |
Lohia Corp IPO Reservation: Who Can Apply?
Before applying, note that, Lohia Corp IPO has a QIB-heavy reservation structure — 75% for QIB, 15% for NII, and just 10% for Retail.
| Investor Category | Lots | Shares | Amount (at ₹425) |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,875 |
| Retail (Max) | 13 | 455 | ₹1,93,375 |
| sNII (Min) | 14 | 490 | ₹2,08,250 |
| sNII (Max) | 67 | 2,345 | ₹9,96,625 |
| bNII (Min) | 68 | 2,380 | ₹10,11,500 |
| QIB | As applicable | — | — |
Strengths and Risks of Lohia Corp IPO
With every business owning its strengths and risks, even the Lohia Corp IPO has its potential plus points and downsides to be aware of.
Here is a brief business analysis (as per RHP) below:
Strengths of Lohia Corp
- Market leader in India and among leading global manufacturers of woven raffia machinery, with a 40.7% market share by value domestically.
- In 2024, the global share was 15.4% among the global woven Raffia machinery market by value.
- Diverse product portfolio offering end-to-end solutions for the woven fabric ecosystem — from extrusion to recycling machines.
- Strong relationships with a diverse global customer base across multiple end-use industries.
- Advanced manufacturing infrastructure with comprehensive backward integration.
- Technology-driven operations with a strong focus on innovation-led research and development.
- Revenue grew 25%, and PAT rose 64.2% year-on-year in FY26, reflecting strong operating momentum.
- Reported total revenue of ₹1,737.87 crore and profit of ₹193.45 crore in FY26.
Risks
- This IPO is a 100% OFS, hence, the Lohia Corp receives no proceeds. The entire amount goes to selling shareholders (the Lohia family).
- Heavy revenue dependence on the woven raffia machines segment. Around 88.16% of FY26 revenue came from this single category.
- Business performance is closely tied to end-use industries like agrotextiles, building-textiles, geo-textiles, and packing-textiles. Any slowdown in these could adversely impact results.
- Machinery manufacturing is capital and cycle-sensitive, exposing the company to demand fluctuations in customer capex cycles.
- Highly competitive global machinery manufacturing industry with established international players.
- Exposure to raw material price volatility (steel and other machinery components) affecting margins.
Future Plans/Strategies
- Continue strengthening the backward-integrated manufacturing model to improve cost efficiency.
- Expand R&D-led innovation across the woven fabric machinery product range.
- Deepen relationships with the diverse global customer base across new geographies.
- Grow presence in adjacent technical textile machinery segments beyond raffia.
- Listing on exchanges to enhance visibility and provide liquidity to shareholders.
Lohia Corp IPO Objectives – How Will the Funds Be Used?
The Lohia Corp IPO is entirely an Offer for Sale (OFS). The company will not receive any proceeds from this IPO. The entire amount raised will go to the selling shareholders — members of the Lohia family.
The key objectives of the offer, as stated in the RHP, include:
- Achieving the benefits of listing equity shares on the BSE/NSE stock exchanges.
- Enhancing the company's visibility and brand image.
- Providing liquidity to existing shareholders.
How To Apply for the Lohia Corp IPO?
You can apply for the Lohia Corp IPO on any financial platform by following these simple steps:
Step 1: Open a Demat and trading account with a broker
Step 2: Log in to the app and go to the IPO section
Step 3: Select Lohia Corp IPO
Step 4: Enter the lot size (minimum 35 shares) and bid price (₹404–₹425)
Step 5: Approve the UPI mandate to block funds
Step 6: Submit your application
How To Check the IPO Allotment Status of Lohia Corp?
Once the allotment of Lohia Corp IPO is out on Jul 28, 2026, you can check the allotment status on Registrar (MUFG Intime portal), BSE/NSE, or on broker’s app.
Visit the MUFG Intime India IPO allotment portal: https://in.mpms.mufg.com
Select "Lohia Corp Limited" from the company dropdown.
Enter any of these details – PAN, Application Number, DP/Client ID, or Account Number/IFSC.
Click the "Submit" button to view your IPO allotment status.
Promoter Shareholding of Lohia Corp IPO
The promoter group of Lohia Corp comprises the Lohia family mostly. The promoters include Raj Kumar Lohia, Gaurav Lohia, and Amit Kumar Lohia.
| Promoter | Pre-Issue Holding |
|---|---|
| Raj Kumar Lohia | 55.72% |
| Gaurav Lohia | 10.45% |
| Amit Kumar Lohia | 6.77% |
| Total (A) | 72.94% |
| Others (Promoter Group) | 22.67% |
| Total (A+B) | 95.61% |
Financial Performance (₹ in crores) of Lohia Corp IPO
Here's the table outlining the financial performance of Lohia Corp Limited from FY 2023 to FY 2025 and up to 31st December, 2025.
(in crores)
| Period Ended | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Assets | 1,304.66 | 967.60 |
| Total Income | 1,737.87 | 1,386.47 |
| Profit After Tax | 193.45 | 117.84 |
| EBITDA | 339.45 | 228.60 |
| Reserves and Surplus | 519.16 | 358.14 |
| Total Borrowing | 152.78 | 212.16 |
Key Performance Metrics of Lohia Corp
Based on the financials available in the RHP, the following key performance metrics of Lohia Corp Limited can be considered.
| KPI | As of Dec 31, 2025 | Values (as of FY 2024-25) |
|---|---|---|
| Return on Equity (ROE) | 36.80% | 31.71% |
| Net Asset Value (NAV) | 49.37 | 34.83 |
| Price/Earnings (P/E) Ratio | - | |
| Earnings Per Share (EPS - Diluted) | ₹18.31 | ₹13.70 |
| EBITDA Margin (%) | 19.53% | 16.49% |
| PAT Margin (%) | 11.13% | 8.50% |
| Material Margin (%) | 43.73% | 44.34% |
| Debt to Equity Ratio | 0.23 | 0.47 |
(Note: P/E, market capitalisation, and post-IPO NAV are subject to final pricing and allotment. Refer to the RHP for complete details.)
Registrar of Lohia Corp IPO
The Registrar of Lohia Corp IPO is MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.).
Website: https://in.mpms.mufg.com
Lead Manager of Lohia Corp IPO
Equirus Capital Pvt. Ltd and Motilal Oswal Investment Advisors Ltd are the 2 lead managers are handling the IPO process of Lohia Corp Limited.
