Lohia Corp IPO subscribed 7.25 times
Analysis based on 6 articles · First reported Jul 23, 2026 · Last updated Jul 28, 2026
The strong subscription indicates robust investor confidence in Lohia Corp's market position and growth prospects in the technical textile machinery sector. The listing on NSE and BSE will provide liquidity to existing shareholders and may positively influence the company's valuation.
Lohia Corp, a global manufacturer of technical textile machinery, launched its initial public offering (IPO) on July 23, 2026, with a price band of Rs 404-425 per share. The IPO, entirely an offer for sale (OFS) of 2.59 crore equity shares, aimed to raise Rs 1,101.28 crore. On the first day, the issue was subscribed 39%, but by the close on July 27, 2026, it was subscribed 7.25 times, driven by strong demand from qualified institutional buyers (QIBs) at 9.11 times, non-institutional investors (NII) at 6.82 times, and retail investors at 2.77 times. Promoters including Raj Kumar Goyal, Amit Kumar, Gaurav Lohia, and Ritu Lohia, along with other selling shareholders Alok Kumar, Anurag Lohia, and Anuja Lohia, sold shares in the OFS. The company raised Rs 492.11 crore from anchor investors on July 22, 2026. Equirus Capital Ltd and Motilal Oswal Investment Advisors Ltd acted as lead managers, and MUFG Intime India Pvt Ltd as registrar. The shares are expected to list on the National Stock Exchange of India and JSE Limited on July 30, 2026.
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