Lohia Corp IPO opened for subscription on July 23, 2026, and was subscribed 0.22 times on Day 1, led by retail investors (0.64x), while QIBs and NIIs remained muted. The ₹1,101.28 crore issue is a 100% offer for sale priced at ₹404–425 per share, with listing scheduled for July 30, 2026. Despite the slow start, the company’s strong financials and leadership in the woven raffia machinery market continue to attract investor interest.
Lohia Corp opened its IPO for bidding on July 23, 2026. The Kanpur-based company makes machinery for technical textiles, mainly for producing PP and HDPE woven sacks and fabric. It holds a 15.4% share in the global woven raffia machinery market.
The issue is a pure offer for sale worth ₹1,101.28 crore. No fresh shares here, so the company gets zero rupees from this IPO. Every rupee goes to existing shareholders, including the Lohia family, who are cashing out part of their stake.
Price band is set at ₹404 to ₹425 per share. Lot size is 35 shares, so retail investors need ₹14,875 to apply at the upper end. The issue closes July 27, and listing is expected July 30 on both BSE and NSE.
Lohia Corp IPO - Day 1 Subscription Status
Live Subscription Data : Category-wise Breakdown on Day 1
Day 1 numbers are in, and the picture is a slow start, which is normal for large IPOs. Institutional and big-ticket investors usually hold back till the last day.
| Category | Subscription (Day 1) |
| Qualified Institutional Buyers (QIB) | 0.12x |
| Non-Institutional Investors (NII) | 0.15x |
| — Big NII (bNII) | 0.11x |
| — Small NII (sNII) | 0.22x |
| Retail Individual Investors (RII) | 0.64x |
| Overall | 0.22x |
What Day 1 Numbers Indicate
Retail is leading the pack at 0.64x, which is decent but still below full subscription. QIB at 0.12x looks weak, but that's the usual pattern. Big institutional money almost always shows up on the final day, not day one. Same goes for big HNIs bidding through NBFC funding, they wait to see how the book fills up before committing.
Overall subscription of 0.22x means the issue is currently undersubscribed. If you're applying, this stage gives you a better shot at allotment than a heavily oversubscribed issue would.
Day-wise IPO Subscription Trend
| Day | Overall Subscription |
| Day 1 | 0.22x |
| Day 2 | To be updated |
| Day 3 (Final) | To be updated |
Mainboard IPOs almost always see the bulk of institutional and HNI bidding pour in on the last day. Expect the real number to show up only on July 27.
Lohia Corp IPO - Allotment and Listing Date
| Event | Date |
| Basis of Allotment | July 28, 2026 |
| Refund Initiation | July 29, 2026 |
| Shares Credited to Demat | July 29, 2026 |
| Listing Date | July 30, 2026 |
Should You Apply for Lohia Corp IPO?
A few things worth weighing before you decide:
- It's a 100% offer for sale. No money comes into the company, so there's no growth capital being raised here.
- Retail quota is only 10% of the net offer, smaller than what you see in most mainboard IPOs. That means allotment odds can get tighter if the retail book fills up fast later in the bidding window.
- The company's financials are strong, with FY26 revenue crossing ₹1,737 crore and profit above ₹193 crore.
- Grey market premium is hovering around ₹16 to ₹40 depending on the source, working out to a potential listing gain of roughly 4% to 9%. GMP is unofficial and can swing sharply before listing, so don't treat it as gospel.
- Analysts tracking the issue have largely leaned toward a "Subscribe" rating, citing the company's dominant market position and clean balance sheet.
This is informational, not investment advice. Do your own math based on your risk appetite before applying.
How to Apply for Lohia Corp IPO
You can apply through any of these routes:
- ASBA via net banking – log into your bank's net banking, go to the IPO section, select Lohia Corp, enter quantity and bid price, then authorise.
- UPI via broker app – open your broker app (Ventura, Zerodha, Kotak Neo, etc.), find the IPO under the current issues tab, enter your UPI ID and bid details, then approve the mandate request on your UPI app.
- Physical ASBA form – submit through your bank branch if you prefer the offline route.
Bid in multiples of the 35-share lot. Applying at the cut-off price improves your allotment chances since it matches the final discovered price.
Lohia Corp IPO Important Dates
| Event | Date |
| IPO Open Date | July 23, 2026 |
| IPO Close Date | July 27, 2026 |
| Anchor Investor Bid Date | July 22, 2026 |
| Basis of Allotment | July 28, 2026 |
| Refunds Initiated | July 29, 2026 |
| Demat Credit | July 29, 2026 |
| Listing Date | July 30, 2026 |
Read: About Lohia Corp IPO
How to Check Lohia Corp IPO Subscription Status
How to check Lohia Corp IPO Subscription Status on NSE website
- Go to the NSE India website and open the "Live IPO Bidding" section.
- Select Lohia Corp Limited from the dropdown.
- You'll see category-wise bid numbers, updated through the trading day.
How to check Lohia Corp IPO Subscription Status on BSE website
- Visit the BSE India IPO page.
- Search for Lohia Corp under active issues.
- Click on it to view live bid quantity against shares reserved, split by category.
How to check Lohia Corp IPO Subscription Status on Ventura?
Log into your Ventura account, go to the IPO section, and select Lohia Corp from the list of live issues. You'll find the live subscription numbers along with your own application status if you've already applied.
IPO Subscription History
Previous Day Subscription
Since this is Day 1, there's no prior day data to compare. This section will carry Day 1 numbers as the base once Day 2 figures are out.
Final Subscription Figures
Final numbers will only be available after the issue closes on July 27, 2026. Check back once bidding wraps up for the complete category-wise final tally.
Conclusion
Day 1 shows retail investors leading with 0.64x subscription, while QIB and NII categories are still warming up at 0.12x and 0.15x. This is a fairly standard start for a mainboard IPO of this size. The real action typically unfolds on the last day, so keep an eye on this space through July 27. With a 100% offer-for-sale structure and a narrow 10% retail quota, this one calls for a measured decision rather than a rushed application.









