Lohia Corp IPO Review: Issue Size, Business Overview, Financials & Key Details

 

A Quick Summary

Lohia Corp IPO is a book-built mainboard IPO aiming to raise ₹1,101.28 crore through an entire Offer for Sale (OFS) of 2.59 crore equity shares. The IPO opens for subscription on 23 July 2026 and closes on 27 July 2026. The shares are proposed to be listed on the BSE and NSE on 30 July 2026.

The company has fixed the IPO price band at ₹404–₹425 per share, with a minimum application size of 35 shares, requiring a minimum investment of ₹14,875.

 

Lohia Corp IPO: Key Details

Here's a quick overview of the Lohia Corp IPO.
 

Particulars	Details
IPO Type	Book-built Mainboard IPO
IPO Size	₹1,101.28 Crore
Fresh Issue	Nil
Offer for Sale	₹1,101.28 Crore
Price Band	₹404 – ₹425 per Share
Issue Price	₹425 (Upper Band)
Face Value	₹1 per Share
Lot Size	35 Shares
Minimum Investment	₹14,875
IPO Opens	23 July 2026
IPO Closes	27 July 2026
Allotment Date	28 July 2026
Listing Date	30 July 2026
Listing Exchange	BSE & NSE
GMP	To be Updated
Subscription Status	Opening Soon
Lead Manager	Equirus Capital Ltd., Motilal Oswal Investment Advisors Ltd.
Registrar	MUFG Intime India Pvt. Ltd.

Note: GMP (Grey Market Premium) changes frequently based on market sentiment and should not be considered the sole factor while making an investment decision.

For complete information about the company, financial performance, IPO timeline, subscription details, and other updates, check the detailed Lohia Corp IPO page.

 

About Lohia Corp Limited

Founded in 2023, Lohia Corp Limited is a global manufacturer of machinery and equipment for technical textiles, specializing in solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks. The company is recognized as one of the leading manufacturers of woven raffia machinery worldwide.

Lohia Corp offers a comprehensive range of machinery and end-to-end manufacturing solutions, including:

• Tape Extrusion Lines
• Circular Looms
• Coating & Lamination Lines
• Printing & Conversion Machines
• Multifilament Yarn Machines
• Twister Winders
• Monofilament Extrusion Lines
• Recycling Machines
• Spare Parts and Aftermarket Services

Its products cater to both packaging and industrial applications, serving sectors such as cement, fertilizers, chemicals, food grains, minerals, shopping bags, FIBCs, geotextiles, tarpaulins, carpet backing, ropes, and twines.

As of 31 March 2026, the company operated with an annual installed capacity of 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders. It had 2,010 permanent employees, international offices in Brazil, Russia, Thailand, the UAE, and the United States, warehouses in India, the USA, and the UAE, and customers across multiple global markets.

If you're considering investing in Lohia Corp Limited, understanding its business model, financial performance, and IPO structure can help you make a more informed investment decision.

 

Lohia Corp IPO Structure

The IPO consists entirely of an Offer for Sale (OFS).

Unlike a Fresh Issue, the proceeds from this IPO will not be received by the company. Instead, the funds will go to the existing selling shareholders who are partially divesting their holdings.

Since there is no Fresh Issue, the company will not use the IPO proceeds for expansion, debt repayment, or working capital requirements. The IPO primarily provides liquidity to existing shareholders while allowing investors to participate in the company's future growth.

 

Strong Financial Performance

Lohia Corp has demonstrated consistent financial growth, backed by strong demand for its technical textile machinery and expanding global operations.

Financial Highlights

Particulars (₹ Crore)	FY25	FY26
Assets	967.6	1,304.66
Total Income	1,386.47	1,737.87
EBITDA	228.6	339.45
Profit After Tax	117.84	193.45
Reserves & Surplus	358.14	519.16
Total Borrowings	212.16	152.78

Between FY25 and FY26:

• Revenue increased by 25%
• Profit After Tax (PAT) grew by 64%
• EBITDA increased by 48%
• Borrowings declined significantly
• EBITDA Margin improved from 16.49% to 19.53%

The company's improving profitability, reduced debt, and strong operating performance highlight its financial strength ahead of the IPO.

 

IPO Objects

Since the IPO is entirely an Offer for Sale (OFS), Lohia Corp Limited will not receive any proceeds from the issue.

The funds raised through the IPO will be received by the existing selling shareholders. Therefore, there are no specific IPO objects such as debt repayment, capacity expansion, or working capital funding associated with this issue.

 

Risks Investors Should Know

Every IPO comes with certain risks, and Lohia Corp is no exception.

Some key risks include:

• The IPO is entirely an Offer for Sale, meaning the company will not receive any fresh capital.
• Revenue depends on demand from industrial and packaging sectors, which may fluctuate with economic conditions.
• The business faces competition from both domestic and international machinery manufacturers.
• A significant portion of revenue comes from exports, exposing the company to foreign exchange and global market risks.
• Changes in raw material prices or capital expenditure cycles could impact future profitability.

Investors should carefully read the Red Herring Prospectus (RHP) before investing.

 

Three Important IPO Facts

• Before investing, keep these points in mind.
• The IPO is 100% Offer for Sale (OFS), and no fresh funds will be infused into the company.
• Lohia Corp is among the leading global manufacturers of woven raffia machinery with customers across multiple countries.

The company owns 54 trademarks, 127 patents (India and overseas), and several design registrations, reflecting its strong focus on innovation and technology.

 

Summary

Lohia Corp Limited has established itself as a leading global manufacturer of machinery for the technical textile industry, offering comprehensive solutions for woven polypropylene and HDPE fabric production. With a diversified product portfolio, strong global presence, advanced manufacturing capabilities, and a focus on innovation, the company has built long-standing relationships with customers across packaging and industrial sectors.

The company has reported healthy growth in revenue and profitability while improving its operational efficiency and reducing debt. However, investors should note that the IPO is entirely an Offer for Sale, meaning the company will not receive fresh capital from the issue.

As with any IPO, investors should carefully evaluate the company's financial performance, valuation, industry outlook, and the Red Herring Prospectus (RHP) before making an investment decision.

Disclaimer: This article is intended solely for informational and educational purposes and should not be treated as investment advice. IPO details, Grey Market Premium (GMP), subscription figures, and market data are subject to change. Investors should refer to the official RHP and consult a qualified financial advisor before making any investment decisions.