Lohia Corp IPO price band set
Analysis based on 14 articles · First reported Jul 20, 2026 · Last updated Jul 28, 2026
The IPO is expected to generate investor interest given Lohia Corp's strong financial performance and market position. The listing may impact the stock prices of listed peers such as Rajoo Engineers, Lakshmi Mills, and Machinery Partner.
Lohia Corp, a Kanpur-based manufacturer of machinery for technical textiles, has fixed the price band for its initial public offering (IPO) at ₹404-425 per share. The IPO, entirely an offer for sale (OFS) of 2.59 crore equity shares by the Lohia family and other shareholders, aims to raise ₹1,101.28 crore at the upper end. The issue opens for subscription on July 23, 2026, and closes on July 27, with anchor investor bidding on July 22. The company will not receive any proceeds as it is an OFS. Listing is expected on BSE and NSE on July 30. Equirus Capital and Motilal Oswal Investment Advisors are the lead managers, and MUFG Intime India is the registrar. For FY26, Lohia Corp reported a 64.2% increase in net profit to ₹193.5 crore and a 24.7% rise in revenue to ₹1,717 crore. The company holds a 40.7% market share in India's woven Raffia machinery segment.
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