LOHIA CORP LTD IPO: Company Review, Subscription and Allotment Updates

2026-07-23 — Company overview and issue details

LOHIA CORP LTD IPO (ABOUT THE COMPANY)

LOHIA CORP LTD – COMPANY BACKGROUND

Lohia Corp Ltd was incorporated only in 2023 and is a major manufacturer of machinery and equipment for technical textiles. It makes machinery for the manufacture of poly-propylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks (Raffia). Its installed capacity at the current juncture is for the manufacture of 240 tape extrusion lines, 13,800 circular looms, and 1,08,000 winders on an annual basis. It caters to the packaging and the non-packaging industries and these products are used in making high-quality packaging for products like cement, fertilizers, chemicals, polymers, foodgrains, minerals, container liners etc. It also makes machinery for tarpaulins, geotextiles, carpets, ground covers etc.

Lohia Corp Ltd has been promoted by Rajkumar Lohia, Gaurav Lohia, and Amit Kumar Lohia. The entire IPO will be by way of an offer for sale (OFS). The OFS portion of the IPO is being made by the promoter shareholders as well as by other investor shareholders. Since there is no fresh issue component in the IPO, no fresh funds will come into the company. The issue is being lead-managed by Equirus Capital and Motilal Oswal Investment Advisors; while MUFG Intime India Private Ltd are the registrars to the IPO.

HIGHLIGHTS OF THE IPO ISSUE OF LOHIA CORP LTD

Here are the key highlights of the public issue of Lohia Corp Ltd.

The IPO is open from July 23rd, 2026 to July 27th, 2026. It has a face value of ₹1 per share and the IPO price band has been fixed in the range of ₹404 to ₹425 per share.

The IPO of Lohia Corp Ltd will be entirely an offer for sale (OFS) by the promoter shareholders and investor shareholders of the company. There is no fresh issue.

The offer for sale (OFS) portion of the IPO comprises the sale of 2,59,31,407 shares (259.31 lakh shares), which at the upper price band of ₹425 per share, translates into an OFS size of ₹1,101.28 crore (after factoring in employee discount of ₹40 per share).

Therefore, overall IPO issue will also comprise of the OFS of 2,59,31,407 shares (259.31 lakh shares), which at the upper price band of ₹425 per share translates into overall issue size of ₹1,101.28 crore (after factoring in employee discount of ₹40 per share).

Due to the dilutive impact of the fresh issue and the promoter participation in the offer for sale (OFS); promoter’s stake in the company will get reduced from 95.62% to 75.23% of the total shares outstanding post the IPO.

The IPO of Lohia Corp Ltd will be listed on the NSE and the BSE on the IPO mainboard. The anchor allocation happened on July 08, 2026.

KEY DATES, INVESTOR ALLOCATION, AND LOT SIZES

Here are the key dates pertaining to the IPO of Lohia Corp Ltd

Data Source: Company RHP

Investors can apply either through their existing trading account or the ASBA application can be directly logged through the internet banking account. This can only be done through the authorized list of self-certified syndicate banks (SCSB).

The table below captures the gist of the allocation to various categories.

Data Source: Security Parameters Filing (NSE)

The anchor portion, is carved out of the QIB portion and the QIB portion available in the IPO offer has been reduced proportionately. Please note that the above shares are final and may differ marginally from the original announcement.

Here is a quick look at the lot sizes applicable for the IPO of Lohia Corp Ltd for various categories of investors.

It may be noted here that for the B-HNI category and for the QIB (qualified institutional buyer) category, there are no upper limits applicable. (1 Lot = 35 shares)

FINANCIAL HIGHLIGHTS OF LOHIA CORP LTD

The table captures the key financials of Lohia Corp Ltd for last 3 financial years.

Data Source: Company RHP filed with SEBI (FY refers to Apr-Mar period)

The net profit margins have shown a progressive rising trend; up from 2.6% to 11.3% between FY24 and FY26. The return on equity (ROE) has also improved consistently to 37.1%, while EBITDA margins improved from 9.1% to 19.8% over last 2 years.

VALUATION METRICS OF LOHIA CORP LTD IPO

If one looks at the valuation of the company based on the latest FY26 full-year EPS of ₹18.31, it is trading at around 23.2X earnings at the upper band IPO price of ₹425 per share. That is very close to the lower end of the valuation range for the industry, especially considering that the segment of technical textiles is fairly complex and high-tech in nature.

The company does bring some strengths to the table like market leadership in India (especially in raffia), end-to-end solutions for technical textiles, deep relationships with domestic and global customers, as well as a focus on research and R&D. The valuations look reasonable and for a 3-year-old company it has done well on the financial front. Investors can look at the IPO as an indirect way to participate in the rapidly growing technical textiles space. This offers a less cyclical way to participate.

2026-07-23 — Anchor allocation

LOHIA CORP LTD IPO (ANCHOR ALLOCATION 44.65%)

BRIEF ON ANCHOR ALLOCATION OF LOHIA CORP LTD

The anchor issue of Lohia Corp Ltd saw a strong response on 22nd July 2026 with 44.65% of the IPO size absorbed by anchors. Out of 2,59,31,407 shares (259.31 lakh shares) on offer in the IPO, anchors picked up 1,15,79,133 shares (115.79 lakh shares) accounting for 44.65% of the total IPO size. The entire anchor allocation was made at the upper end of the price band of ₹425 per share. This includes the face value of ₹1 per share plus a share premium of ₹424 per share. The anchor bidding opened and closed on 22nd July 2026.

KEY POINTS TO NOTE IN THE ANCHOR ALLOCATION PROCESS

Here are the key details pertaining to the anchor bidding of Lohia Corp Ltd

An anchor investor in an IPO is a qualified institutional buyer (QIB) like a foreign portfolio investor or mutual fund or insurance company or a sovereign fund which invests before the IPO is made available to the public as per SEBI regulations. It helps in price discovery.

MAJOR ANCHOR ALLOCATION INVESTORS IN LOHIA CORP LTD

On 22nd July 2026, Lohia Corp Ltd allotted 1,15,79,133 shares to a total of 27 anchor investors. The allocation was done at the upper IPO price band of ₹425 per share which resulted in overall anchor allocation of ₹492.11 crore. The anchors have already absorbed 44.65% of the total issue size of ₹1,101.28 crore. Listed below are the Top 10 IPO anchor investors who accounted for anchor collection of ₹330.04 crores, or, 67.07% of the overall anchor allocation of shares, one trading day ahead of the IPO of Lohia Corp Ltd. The individual anchor allocation of top-10 investors is indexed descending on the number of shares allotted, and captured in the table below.

Data Source: BSE Filings (Value Allocated is ₹ in Crore)

The detailed and comprehensive report on the anchor allocation with the mutual fund portion separated can be accessed on BSE by clicking on the link below.

https://www.bseindia.com/downloads/UploadDocs/Notices/Attach/Anchor_Intimation_Letter$db80e3d0-c9bd-4823-bf04-4255dcd8326b.pdf

Out of the 1,15,79,133 shares allocated to the anchors in the IPO, there was an allocation of 73,17,695 shares made to mutual funds regulated by SEBI. This anchor allocation to mutual fund was spread across 13 MF schemes of 7 asset management companies (AMCs). Mutual funds accounted for 63.20% of the overall anchor allocation.

Out of the 1,15,79,133 shares allocated to the anchors in the IPO, there was also an allocation of 16,95,389 shares made to Life Insurance Companies regulated by IRDAI. This anchor allocation to Life insurers was spread across 4 life insurance companies. Life Insurance companies accounted for 14.64% of the overall anchor allocation.

The anchor allocation was spread across domestic mutual funds, FPIs, ODIs, and AIFs.

NEXT STEPS IN LOHIA CORP LTD IPO

Post the closure of the IPO subscription on 27th July 2026, the basis of allotment will be finalized on 28th July 2026 and the refunds will be initiated on 29th July 2026. In addition, the demat credits are expected to also happen on 29th July 2026 and the stock will list on 30th July 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 29th July 2026 under ISIN (INE0QJW01029).

2026-07-27 — Day-3 subscription update

Lohia Corp Ltd (Day-3 Final Subscription at 7.25 times)

LOHIA CORP LTD - IPO SUBSCRIPTION STATUS ON DAY-3

As of 7.15 pm on 27th July 2026, out of the 143.52 lakh shares on offer in the IPO (excluding anchor portion), Lohia Corp Ltd saw bids for 1,040.88 lakh shares. This implies an overall subscription of 7.25X at a macro level. The granular break-up of subscriptions at close of Day-3 of the IPO of Lohia Corp Ltd was as under:

The subscriptions were led by the QIB Investors followed by the HNI / NII investors and the Retail investors in that order. QIB bids and NII bids typically gather most of the momentum only on the last day. That was the case in this IPO too. Both, the QIB portion and the HNI / NII portion saw bulk of the institutional, corporate and funded subscriptions come in on the last day of the IPO. The company saw steady anchor participation a day ahead of the IPO opening with 44.65% of the IPO size absorbed by anchor investors. Here is the category-wise subscription. The overall subscription ratio excludes anchor portion.

Data Source: NSE / BSE (as of close of Day-3 of the IPO)

The IPO of Lohia Corp Ltd was open up to July 27, 2026, and has closed for subscription as of the close of trading hours on July 27, 2026. The subscription ratios presented in the table above represent the final subscription numbers for each category and also for the IPO overall. Generally, the listing price of the IPO and the post-listing performance tend to get influenced by the extent of oversubscription of the IPO. However, it must also be noted that a higher subscription is not an automatic guarantee of a strong listing performance for the IPO stock. The final subscription ratio excludes anchor portion. Total bids as of the close (including anchor allocation) stood at ₹4,915.86 crore.

NEXT STEPS IN THE LOHIA CORP LTD IPO

Post the closure of the IPO subscription on 27th July 2026, the basis of allotment will be finalized on 28th July 2026 and the refunds will be initiated on 29th July 2026. In addition, the demat credits are expected to also happen on 29th July 2026 and the stock will list on 30th July 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 29th July 2026 under ISIN (INE0QJW01029).

2026-07-27 — Allotment guidance and next steps

Lohia Corp Ltd IPO (How to check allotment status)

ABOUT THE LOHIA CORP LTD IPO

The IPO of Lohia Corp Ltd opened on July 23rd, 2026 and closed on July 27th, 2026. The overall IPO comprised entirely of an offer for sale (OFS) of 2,59,31,407 shares (259.31 lakh shares) worth ₹1,101.28 crore at the upper price band of ₹425 per share. There was no fresh issue component in the IPO of Lohia Corp Ltd. The allotment status will be finalized by end of day (EOD) of July 28, 2026. Here is how to check your allotment status for the IPO of Lohia Corp Ltd. You can check IPO status on the BSE website or on the NSE website or on the IPO Registrar website (MUFG Intime India Private Ltd).

CHECKING THE ALLOTMENT STATUS OF LOHIA CORP LTD IPO ON BSE WEBSITE

This is a facility available to all mainboard IPOs, irrespective of who the registrar to the issue is. Visit the BSE link for the IPO allotment by clicking on the link below.

https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.

Under Issue Type – Select Equity Option

Under Issue Name – Select Lohia Corp Ltd from the drop-down box

Enter the Application Number / CAF exactly as in the acknowledgement slip OR

Enter your PAN (10-digit alphanumeric) number

Once this is done, you need to click on the Captcha to verify you are not a robot

Finally click on the Search Button

You can use either of the parameters to query; Application / CAF number or Investor PAN.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Lohia Corp Ltd allotted into your demat account. You can save a screenshot of the allotment status output for subsequently verifying with the demat account credits.

CHECKING ALLOTMENT STATUS OF LOHIA CORP LTD IPO ON NSE WEBSITE

This is a common link for all IPOs. Click on NSE link for IPO allotment as below.

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Once you reach the page, here are the steps to follow.

Under Issue Type – Select Equity & SME IPO Details Option

Under SELECT SYMBOL – Select LCL from the dropdown box

Enter the Application Number / CAF exactly as in the acknowledgement slip AND

Enter your PAN (10-digit alphanumeric) number

Once both are entered, click on the Submit Button

You must input the Application / CAF number and the Investor PAN.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Lohia Corp Ltd allotted into your demat account. You can save a screenshot of the allotment status output for tallying with the demat account credits.

CHECKING ALLOTMENT STATUS OF LOHIA CORP LTD ON MUFG INTIME INDIA PRIVATE LIMITED (REGISTRAR TO THE IPO)

Here are the steps to follow. Visit the Link Intime registrar website for IPO status by clicking on the link below:

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

There are 4 options available to you to access the allotment status, and you can use any of these options to query.

You can use PAN access. Enter the 10-character alphanumeric income tax permanent account number (PAN). Make it a point to verify your PAN before entering.

The second option is to use Application Number / CAF to query the allotment status in the IPO. The application / CAF number is available on the acknowledgement slip.

You can use DPID-Client ID combination. For NSDL combination is alphanumeric, while for CDSL, combination is numeric. This is available in your demat statement.

You can also query by the combination of your bank account number and IFSC number provided as the IPO mandate bank. It is available on your cheque book.

Finally, click on the SUBMIT button.

In case, you have any issues with the output, register an investor query with Link Intime India Private Ltd. You can either send an email with all requisite details and problem to ipo.helpdesk@in.mpms.mufg.com or you can call on (0)-81081-14949 for voice call.

NEXT STEPS IN THE LOHIA CORP LTD IPO

Post the closure of the IPO subscription on 27th July 2026, the basis of allotment will be finalized on 28th July 2026 and the refunds will be initiated on 29th July 2026. In addition, the demat credits are expected to also happen on 29th July 2026 and the stock will list on 30th July 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 29th July 2026 under ISIN (INE0QJW01029).

Interested in applying for this IPO?

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