Lohia Corp IPO 2026: Price Band, Dates, Listing, GMP

What has been announced

Lohia Corp Limited, a manufacturer of machinery used in technical textiles, launched its mainboard IPO process for the July 2026 window. The issue is structured as a book-built offer and is scheduled to list on both NSE and BSE. The IPO has been positioned as a full Offer for Sale (OFS), meaning the company will not receive fresh capital from the public issue. For investors tracking newly listed industrial and engineering names, the timeline and pricing details have been clearly laid out. The stock’s listing date is set for July 30, 2026. Market participants also tracked grey market premium (GMP) indicators during the subscription window, with a tentative GMP datapoint available for July 27.

Company profile and incorporation history

Lohia Corp Limited was initially incorporated as Kanpur Packaging Machines Limited on June 5, 2023, as a company limited by shares. Following a Scheme of Arrangement, the company’s name was changed to Lohia Corp Limited, with a fresh certificate of incorporation issued on June 6, 2024. The company operates in the engineering space, supplying machines required by the HDPE and PP woven fabric industry. Its equipment is used for manufacturing plastic woven sacks, FIBC, tarpaulins and related technical textile products. The chairperson and CEO are listed as R K Lohia.

Manufacturing footprint and operating base

The company operates four manufacturing units, with three located in Kanpur and one in Bangalore. Its address is listed as Lohia Industrial Complex, Chaubepur, Kanpur, 209203, India, and it also has a Panki Industrial Estate address in Kanpur Nagar, Uttar Pradesh. Contact details in the provided material include phone numbers and email IDs, along with the website www.lohiagroup.com. The operational footprint matters for investors because it indicates where production is concentrated and where execution risks could be clustered. For a machinery manufacturer serving industrial end-markets, the location of plants often determines logistics efficiency and service responsiveness.

What the company sells and where it sells

Lohia Corp engages in the manufacture and sale of machinery and equipment used in the production of technical textiles. The material states that the company serves customers in Latin America, Africa, East Asia and the Middle East. This positioning suggests the business is not limited to domestic demand and participates in export markets where technical textile capacity additions can drive machinery orders. The company’s stated focus on PP and HDPE woven fabric applications places it within the broader industrial packaging and technical textile ecosystem.

IPO structure: book-built and fully OFS

The Lohia Corp IPO is described as a book-built issue of ₹1,101.28 crore, and it is entirely an offer for sale of more than 2.59 crore equity shares. Because it is fully OFS, the proceeds go to existing shareholders and not to the company. This distinction is important when assessing post-IPO balance sheet impact because there is no primary capital infusion into operations from this issue. The issue is proposed to be listed on both the BSE and the NSE.

Key dates: subscription window, allotment, listing

The public issue was scheduled to open for subscription on July 23, 2026, and close on July 27, 2026. Share allotment was expected to be finalised on July 28, 2026. The credit of shares to demat accounts and initiation of refunds were listed for July 29, 2026. The listing date was set for July 30, 2026. Anchor investor bidding was scheduled for July 22, 2026, as per the provided information.

Price band, lot size, and minimum application amount

The IPO price band was fixed at ₹404 to ₹425 per share. The lot size mentioned is 35 shares. Based on the upper price band, the minimum retail investment is ₹14,875. The details also specify application thresholds for non-institutional investors: sNII investors were required to apply for 14 lots (490 shares) amounting to ₹2,08,250, while bNII investors were required to apply for 68 lots (2,380 shares) amounting to ₹10,11,500. These thresholds are useful for investors planning capital allocation across categories.

Reservation mix and issue management

The reservation split included 75% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for retail investors, as stated in the provided material. Equirus Capital Ltd. was listed as the lead manager. MUFG Intime India Pvt. Ltd. was named as the registrar for the issue. These intermediaries are central to the execution of the book-building process, allotment, and post-issue coordination.

GMP snapshot before listing

A tentative grey market premium (GMP) figure was provided as ₹7 as on July 27, 2026. GMP is an informal indicator and not an official measure of valuation, but it is often tracked by market participants as a sentiment gauge close to listing. Investors typically treat GMP data cautiously given its unofficial nature and variability. In this case, the only explicit GMP datapoint available in the material is for July 27.

Listing snapshot and stock identifiers

The material includes a listing reference with issue price at ₹425 and a listed price at ₹460 for July 30, 2026. It also lists trading identifiers: BSE: 544839, NSE: LCLEQ, and ISIN: INE0QJW01029. Separately, it states the share price “today” stands at ₹570.45, with a day high of ₹580.4 and a low of ₹565.25, and a market capitalisation of ₹6,053.75 crore (as on the referenced date in the material). These datapoints help frame post-listing trading levels and market value.

Key IPO and company facts (as provided)

Why the OFS structure matters

With an OFS-only IPO, investors are buying shares from existing shareholders rather than funding the company directly. This can matter for those who evaluate how IPO proceeds could change a company’s capacity expansion plans, debt position, or working capital cycle. In Lohia Corp’s case, the provided material explicitly states that the company itself will not receive any funds from the offering. Investors therefore tend to focus more on business fundamentals, market positioning, and governance disclosures, since primary capital deployment is not part of the offer rationale.

Conclusion

Lohia Corp’s IPO was structured as a ₹1,101.28 crore book-built OFS with a ₹404-425 price band, a 35-share lot size, and a July 23 to July 27, 2026 subscription window. The allotment timeline and listing schedule were clearly specified, with the stock listing on July 30, 2026 on both BSE and NSE. A tentative GMP datapoint of ₹7 was available as on July 27, and the material also includes an issue price of ₹425 and a listed price of ₹460. Investors tracking the stock post-listing have additional reference points in the provided market price range and the reported market capitalisation. Any further updates would typically flow through exchange filings and company communications after listing.