Summary: Lohia Corp IPO listed on July 30, 2026, on BSE and NSE. The stock is listed at ₹460 on BSE, a 7.09% premium to the issue price of ₹425. The issue closed on July 27 with an overall subscription of 7.25 times, driven by QIBs at 9.11 times. This was a 100% OFS, meaning no fresh capital went to the company.
Lohia Corp IPO listing highlights
Expected listing time
The pre-open session ran from 9:00 AM to 9:45 AM IST. Regular trading opened at 9:45 AM.
Listing exchange (NSE/BSE)
BSE and NSE.
Last updated
July 31, 2026. Listing day data complete.
Lohia Corp IPO listing date today
Lohia Corp made its stock market debut on July 30, 2026. The IPO closed July 27, allotment was finalised July 28, and shares were credited to demat accounts on July 29. The stock listed at ₹460 on BSE in the pre-open session, a 7.09% premium to the issue price of ₹425.
Is the IPO listed?
Lohia Corp IPO listed on July 30, 2026, on both BSE and NSE.
IPO listing schedule
The pre-open session ran from 9:00 AM to 9:45 AM IST with price discovery completed. Regular trading opened at 9:45 AM.
Latest listing updates
Lohia Corp shares settled at ₹460 on BSE in the pre-opening session, a premium of 7.09% over the issue price of ₹425. The listing was modest but positive, in line with the lower subscription numbers relative to peers like Indo-MIM, which listed on the same day at a 45% premium.
Important IPO dates
| Event | Date |
| IPO opening date | July 23, 2026 |
| IPO closing date | July 27, 2026 |
| Allotment date | July 28, 2026 |
| Refund date | July 29, 2026 |
| Demat credit date | July 29, 2026 |
| Listing date | July 30, 2026 |
Expected listing price
Pre-listing indicators pointed to a modest premium. The listing at ₹460, a 7.09% gain over ₹425, was broadly in line with what the subscription numbers and market sentiment suggested. The issue was subscribed 7.25 times overall, which was solid but not exceptional. The 10% retail quota also limited broader retail participation.
Estimated listing gain
7.09% over the issue price of ₹425 at the BSE listing price of ₹460.
Expected listing price range
Actual listing: ₹460 on BSE.
Live IPO listing performance
| Parameter | Details |
| Issue price | ₹425 |
| Listing price (BSE) | ₹460 |
| Listing premium (BSE) | ₹35 (7.09%) |
| Pre-IPO market cap | ₹4,490.13 crore |
| Opening market cap | ~₹4,859 crore |
| Intraday high | To be verified from exchange records |
| Intraday low | To be verified from exchange records |
| Closing price (Day 1) | To be verified from exchange records |
Listing price
₹460 on BSE, a 7.09% premium over the issue price of ₹425.
Listing premium/discount
₹35 premium, 7.09% above the issue price of ₹425.
Opening market capitalisation
At ₹460 per share on 10,56,50,000 post-issue shares outstanding, the opening market cap was approximately ₹4,860 crore against the pre-IPO market cap of ₹4,490.13 crore at the issue price.
Intraday high and low
To be verified from exchange records.
Closing price (Day 1)
To be verified from exchange records.
IPO subscription summary
| Category | Final subscription |
| QIB (ex-anchor) | 9.11x |
| bNII (above ₹10L) | 7.35x |
| sNII (below ₹10L) | 5.77x |
| NII (overall) | 6.82x |
| Retail | 2.77x |
| Overall | 7.25x |
Overall subscription
7.25 times.
Retail subscription
2.77 times. Retail demand was moderate across a 10% retail quota — the smallest retail allocation of any mainboard IPO in the July 2026 window, which limited overall retail participation.
QIB subscription
9.11 times excluding anchor investors. An anchor portion of ₹492.11 crore was raised from institutional investors on July 22, 2026. Anchor lock-in ends August 27 for 50% of shares and October 26 for the remainder.
NII/HNI subscription
6.82 times overall.
Employee/shareholder subscription (if applicable)
Up to 2,00,000 shares were reserved for employees at a discount of ₹40 per share to the issue price.
Company overview
Lohia Corp is a Kanpur-based global manufacturer of machinery and equipment for technical textiles, incorporated in 2023 as a holding company for operations that date back decades. It manufactures tape extrusion lines, circular looms, winders, and related machines for producing polypropylene and HDPE woven fabric and sacks.
About the company
The company operates from Panki Industrial Estate, Kanpur. As of March 31, 2026, it had 2,010 permanent employees, international offices in Brazil, Russia, Thailand, the UAE, and the USA, warehouses in India, the USA, and the UAE, and stockists in eight countries. It holds 71 patents in India and 56 outside India and owns 54 trademarks. Promoters are Raj Kumar Lohia, Gaurav Lohia, and Amit Kumar Lohia.
Business model
Revenue comes from selling tape extrusion lines, circular looms, winders, coating and lamination machines, printing and conversion machines, and related spare parts to manufacturers of woven PP and HDPE fabric. Products serve the cement, fertiliser, food grain, chemical, and polymer packaging industries as well as tarpaulins, geotextiles, carpet backing, ropes, and twines. After-sales spare parts provide recurring revenue that grows with the installed machine base.
Financial performance
| Metric | FY25 | FY26 |
| Total income (₹ Cr) | 1,386.47 | 1,737.87 |
| PAT (₹ Cr) | 117.84 | 193.45 |
| EBITDA (₹ Cr) | 228.60 | 339.45 |
| Total borrowings (₹ Cr) | 212.16 | 152.78 |
| EBITDA margin | 16.49% | 19.53% |
| PAT margin | 8.50% | 11.13% |
| ROE | 31.71% | 36.80% |
| ROCE | 30.45% | 40.92% |
| Debt/equity | 0.47 | 0.23 |
Revenue up 25%, PAT up 64%, borrowings falling. All metrics moved in the right direction simultaneously in FY26.
Competitive strengths
- Market leader in India with a 40.7% domestic market share in FY25 and a 15.4% global market share by value in 2024
- 71 domestic and 56 international patents points to a genuine IP rather than commodity manufacturing
- Order book worth ₹1,358.52 crore as of March 31, 2026
- Debt-to-equity of 0.23 with declining borrowings
- After-sales spare parts revenue grows with the installed machine base over time
- International presence across five countries
Factors that may impact IPO listing performance
Market conditions
The broader market was broadly flat on listing day. Lohia Corp listed alongside Indo-MIM on July 30, and the latter's 45% premium listing drew more investor attention and capital that day.
Subscription demand
The issue was subscribed 7.25 times overall, with QIBs at 9.11 times. Solid institutional demand, but the 10% retail quota and 100% OFS structure limited the enthusiasm that typically drives stronger listing premiums. Analyst consensus was that the issue appeared fully priced at 23.21x P/E, with most brokers recommending it for medium to long-term holding rather than listing gains.
Industry outlook
Woven raffia machinery for packaging is a durable demand segment with structural growth tied to FMCG, agriculture, and industrial packaging. The global market leader structure and IP depth give Lohia Corp a defensible position, but the niche limits the addressable market in ways that restrict valuation expansion.
Should you hold or sell after listing?
Short-term listing gain strategy
The listing at ₹460 represented a 7.09% gain over the issue price. For retail investors who received an allotment through the 10% quota, this was a modest but positive outcome. Whether to exit at open or hold depended on how the stock traded through the day. The IPO was described by analysts as fully priced, which limits near-term upside from current levels.
Long-term investment perspective
The fundamentals are genuinely strong: declining debt, improving margins, global market leadership in a niche, and a growing spare parts recurring revenue stream. At the listing price of ₹460, P/E moves slightly above the issue price multiple of 23.21x. For investors with a 2- to 3-year horizon who understand the woven raffia machinery business, the ROE of 36.80% and ROCE of 40.92% support a longer-term case.
Key risks
- 100% OFS means promoters monetised at ₹425. Post-listing growth depends entirely on business performance
- Anchor lock-in ends August 27 for 50% of anchor shares and October 26 for the rest. Supply from anchor unlocking is worth watching
- 10% retail quota was unusually low, concentrating the stock in institutional hands
- Revenue is concentrated in woven raffia machinery. Any shift in packaging material trends would affect demand directly
How to track IPO listing live
On NSE
Search Lohia Corp or the NSE symbol on the NSE website or mobile app. Live price and volume visible from market open.
On BSE
Search Lohia Corp on the BSE website or Sensex app. Live bid-ask data and prices are visible from 9:00 AM onwards.
Listing day
July 30, 2026. Listed at ₹460 on BSE, a 7.09% premium over the issue price of ₹425.
