Lohia Corp’s IPO to open on July 23: Here’s what you need to know

Lohia Corp is set to launch its initial public offering (IPO) next week, with the maker of machinery used in the production of technical textiles’ maiden public issue opening for public bidding on July 23. Investors can submit bids till July 27.

The issue involves an offer for sale (OFS) of over 2.59 crore shares by promoters and other shareholders, according to the draft red herring prospectus (DRHP) filed on Friday. This means that none of the proceeds of the IPO will go to the company, as they will be received by the selling shareholders.

The Kanpur-based company’s IPO will open to anchor investors on July 22. Equirus Capital and Motilal Oswal Investment Advisory are book-running lead managers of the issue. The equity shares of the company will be listed on BSE and NSE.

Promoters participating in OFS include Raj Kumar Lohia (up to 167.28 lakh shares), Gaurav Lohia (up to 22.18 lakh shares), Amit Kumar Lohia (up to 9.2 lakh shares) and Ritu Lohia (up to 16.71 lakh shares). Other selling shareholders include Alok Kumar Lohia (up to 21.71 lakh shares), Anurag Lohia (up to 11.38 lakh shares) and Anuja Lohia (up to 10.85 lakh shares).

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Lohia Corp Financial

Lohia Corp for the financial year ended March 31, 2026, posted Rs. 193 crore net profit was reported. In this financial year 25 recorded Rs. 118 crore net profit up 64% year-on-year (YoY). Meanwhile its revenue from operations in FY25 was Rs. 1,377 crore in FY26, up nearly 25% to Rs. 1,717 crores.

Lohia Corp is a manufacturer of machinery and equipment used in the production of technical textiles, particularly for the production of polypropylene and high density polyethylene woven fabric and bags.

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Meanwhile, the primary market will remain active next week, with five IPOs opening for subscription and four IPOs being listed on exchanges. The focus will be on Xtranet Technologies and Cube Highways Trust InvIT, the main board offerings scheduled to open next week. Along with them, some SME issues will also hit the market. Investors will also track the listings of SBI Fund Management, Millworks Technologies and Alpine Taxworld after the close of their IPOs this week.

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