Lohia Corp IPO Subscription Status Day 2 – Live Updates & Key Details

Lohia Corp's IPO was subscribed 0.39x by the morning of Day 2, with retail investors leading demand at 0.67x while QIB and NII participation remained subdued. As a pure offer-for-sale issue, the IPO is expected to see stronger institutional bidding closer to the July 27 closing date.

Lohia Corp's IPO is now in its second day of bidding. The issue opened July 23, 2026, and will run till July 27. The Kanpur-based company makes machinery for the woven raffia industry, mainly circular looms, extrusion lines, and coating systems used to produce PP and HDPE sacks and fabric. It holds a 40.7% share of the domestic market and 15.4% globally.

This is a pure offer for sale worth ₹1,101.28 crore. No fresh capital comes into the company here, every rupee goes to promoters and existing shareholders selling part of their stake.

Price band remains ₹404 to ₹425 per share, lot size 35 shares. Retail investors need ₹14,875 to apply at the upper band. Listing is expected July 30 on both BSE and NSE.

Lohia Corp IPO - Day 2 Subscription Status

Live Subscription Data : Category-wise Breakdown on Day 2

Day 1 closed with the issue subscribed 0.39 times overall. Heading into Day 2, early numbers are tracking close to where Day 1 ended, typical for a large mainboard issue with three more days still open.

Figures as of 10:00 AM, July 24, 2026 (Day 2), carried over from Day 1's close and updating through the day.

What Day 2 Numbers Indicate

Retail continues to lead at 0.67x, the strongest category so far, but still short of full subscription. QIB has actually moved up from Day 1's early reads to 0.43x, a decent jump that shows institutional interest is slowly building, though it typically stays muted until the closing day.

NII remains the weakest link at 0.15x. Big-ticket HNI money funded through NBFC loans almost always waits till the last one or two days, so this number is expected to move sharply only closer to July 27.

Overall subscription sitting at 0.39x means the issue is still undersubscribed two days before close. This isn't unusual for large OFS-heavy issues; the real test comes once institutional books open up in the final stretch.

Day-wise IPO Subscription Trend

Watch for a sharp jump in QIB and NII numbers as the issue heads into its last two days.

Lohia Corp IPO - Allotment and listing date

Should You Apply for Lohia Corp IPO?

A few things worth weighing:

• It's a 100% offer for sale, so no fresh money goes into the company. This is purely an exit for promoters and selling shareholders.
• Retail quota is just 10% of the net offer, smaller than most mainboard IPOs, so allotment odds can tighten if bidding accelerates later.
• Financials are solid. FY26 revenue came in at ₹1,717 crore with profit after tax of ₹193.45 crore, up 64% year-on-year.
• Grey market premium has cooled off, sitting around ₹12 as of July 24 morning, down from highs of ₹75 earlier in the run-up. That points to a listing gain of roughly 3% at current levels, though GMP is unofficial and can move fast in either direction.
• Retail demand is healthy but QIB and NII are still catching up, worth tracking before the window closes.

This is informational content, not investment advice. Apply based on your own risk assessment.

How to Apply for Lohia Corp IPO

You can apply through any of these routes:

1. 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.
2. UPI via broker app – open your broker app (Ventura, Zerodha, Kotak Neo, etc.), find the IPO under current issues, enter your UPI ID and bid details, then approve the mandate on your UPI app.
3. 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

Day 2 & Day 3 Subscription Updates

Numbers will be updated as fresh bids come in through Day 2 and into Day 3. Historically, QIB and big NII bids surge in the final one to two days, so expect the sharpest movement in the overall subscription figure closer to the July 27 close.

How to Check Lohia Corp IPO Subscription Status

How to check Lohia Corp IPO Subscription Status on NSE website

1. Go to the NSE India website and open the "Live IPO Bidding" section.
2. Select Lohia Corp Limited from the dropdown.
3. You'll see category-wise bid numbers, updated through the trading day.

How to check Lohia Corp IPO Subscription Status on BSE website

1. Visit the BSE India IPO page.
2. Search for Lohia Corp under active issues.
3. 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 live subscription numbers along with your own application status if you've already applied.

IPO Subscription History

Previous Day Subscription

Day 1 closed with the issue subscribed 0.22 times overall. Retail led at 0.64x, QIB followed at 0.12x, NII trailed at 0.15x.

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

Lohia Corp's IPO is holding steady at 0.39x heading into Day 2, with retail investors continuing to drive most of the demand. QIB has shown some early movement, but NII remains slow, a pattern that's fairly standard until the last couple of days of bidding. With a 100% offer-for-sale structure and a narrow 10% retail quota, this is one to track closely as the window heads toward its July 27 close.