Lohia Corp will launch its ₹1,102 crore initial public offering on July 23, with the price band fixed at ₹404 to ₹425 per share. The issue is a pure offer for sale, meaning existing shareholders are selling their stake. Investors should note that the company is a key player in technical textile machinery, a sector driven by demand for woven fabric and packaging solutions.
Lohia Corp Ltd is set to enter the public market with an initial public offering (IPO) scheduled to open for subscription from July 23 to July 27. The company has fixed its price band between ₹404 and ₹425 per share. Prospective investors should be aware that this ₹1,102 crore issue is an offer for sale, meaning the funds raised will go to selling shareholders rather than into the company’s business operations for expansion or debt reduction.
Market Position and Business Model
Headquartered in Kanpur, Lohia Corp specializes in manufacturing machinery for technical textiles. Its primary focus is on equipment used to produce polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics, widely used in industrial packaging and agricultural sacks. The company reports a significant 40.7 percent market share by value in India’s woven Raffia machinery segment. While this indicates a strong competitive standing, the business is closely tied to capital spending by industrial customers. Fluctuations in raw material costs for textile producers or a slowdown in industrial packaging demand could potentially impact the company’s ability to sustain this market share.
Financial Performance Trends
For the fiscal year 2026, the company reported a revenue of ₹1,717 crore, up from ₹1,376.9 crore in the previous year. Profit also saw growth, rising to ₹193.5 crore compared to ₹117.8 crore in fiscal 2025. While this year-on-year growth is notable, investors may want to monitor whether the company can maintain these margins in future quarters, as profit levels in the machinery sector can be sensitive to currency fluctuations and changes in global demand for industrial equipment. The company’s ability to manage its supply chain and keep operational costs under control will be essential for maintaining its profitability.
IPO Timeline and What to Track
Anchor investors are expected to bid for shares on July 22, one day before the public subscription opens. Following the close of the issue on July 27, the basis of allotment is set for July 28. Successful bidders can expect shares to be credited to their demat accounts by July 29, with the stock market listing planned for July 30. Post-listing, the company's valuation is expected to be around ₹4,490 crore at the upper end of the price band. Investors should look for updates in the company’s future filings regarding order book size and export growth, as these factors often serve as key indicators for machinery manufacturers operating in competitive global markets.