open · IPO · BSE/NSE · closes 27 Jul

Lohia Corp Limited

Raising ₹609.97 Cr at ₹404 – ₹425 per share.

Subscription window 26%

0.59×

total subscription so far

Price band
₹404 – ₹425
Shares per lot
35
Retail minimum
₹14,875
Issue size
₹609.97 Cr
Face value
₹1

Company research

Tijori Finance

Lohia Corp Ltd. manufactures machinery and equipment for the plastics and packaging industry, specializing in woven sack, extrusion, and converting machinery. The company serves customers globally with advanced engineering solutions and after-sales support.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
-0.01 Cr 0 Cr
Mar 2025
1,376.87 Cr
116.97 Cr 212.16 Cr
Mar 2026
1,717 Cr
193.36 Cr 152.78 Cr
Revenue mix
Circular looms
33%
Tape extrusion lines
20%
Other machines and equipment
17%
Spare parts for machines
11%
Tape winder
8.9%
Others
9.1%
Peer comparison
Company Mkt cap Revenue P/E P/B
LCL 4,490 1,716 Cr 23.21 8.54
RAJOOENG 1,003 253 Cr 20.48 2.86
LMW 17,109 3,207 Cr 130.34 5.94
MAMATA 976 233 Cr 64.86 5.27
JYOTICNC 17,927 1,817 Cr 53.35 8.96

Subscription by investor category

as of As on 24-Jul-2026 10:20:18 IST

Total demand

— shares bid

0.36×

1

QIB — Qualified Institutional Buyers

0.51×

39,29,345 shares bid · 77,19,423 offered

2

QIB · FII / FPI

6,35,285
4

QIB · Mutual Funds

32,94,060
6

NII — Non-Institutional Investors

0.09×

3,52,485 shares bid · 38,59,711 offered

7

NII · Big (> ₹10 lakh)

0.07×

1,80,110 shares bid · 25,73,141 offered

8

NII · Small (≤ ₹10 lakh)

0.13×

1,72,375 shares bid · 12,86,570 offered

9

Retail Individual Investors

0.32×

8,33,875 shares bid · 25,73,140 offered

10

Employee

0.14×

28,385 shares bid · 2,00,000 offered

Bid book by price

cumulative NSE demand
₹425 19,38,580
₹424 19,39,105
₹423 19,39,315
₹422 19,39,455
₹421 19,40,155
₹420 19,41,450
₹419 19,41,520
₹417 19,41,800
₹416 19,41,835
₹415 19,42,885
₹412 19,42,920
₹411 19,43,200
₹410 19,45,650
₹409 19,45,685
₹408 19,45,755
₹407 19,45,860
₹406 19,46,070
₹405 19,47,260
₹404 19,50,515

Updated 24-Jul-2026 10:20:18. Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Parties to the issue

Book-running lead manager
Equirus Capital Limited, Motilal Oswal Investment Advisors Limited
Registrar
Mufg Intime India Private Limited
Sponsor bank
Axis Bank Limited

Exchange filings

Fields captured from NSE and BSE
Issue information
Exchange note
*As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
Symbol
LCL
Issue Period
23-Jul-2026 to 27-Jul-2026
Cut-off time for UPI Mandate Confirmation
27-Jul-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size
Initial Public Offer comprising of Offer for Sale of up to 25,931,407 Equity Shares. (Including eligible employees reservation portion of up to 2,00,000 Equity Shares and Anchor Investor portion of 1,15,79,133 Equity Shares)
Issue Type
100% Book Building
Price Range
Rs. 404 to Rs. 425 per Equity Share
Discount
Rs. 40 per equity share to Eligible Employees
Face Value
Re. 1 per Equity Share
Tick Size
Re.1
Bid Lot
35 Equity Shares and in multiples thereof
Minimum Order Quantity
35 Equity Shares
Maximum Subscription Amount for Retail Investor
Rs. 2,00,000
Maximum Subscription Amount for Eligible Employee
Rs. 5,00,000
Maximum Bid Quantity for QIB Investors
1,43,52,240 Equity Shares in multiple of 35 Equity Shares (Calculated at Higher Price band)
Maximum Bid Quantity for NIB Investors
66,32,850 Equity Shares in multiple of 35 Equity Shares (Calculated at Higher Price band)
IPO Market Timings
10.00 a.m. to 5.00 p.m.
Book Running Lead Managers
Equirus Capital Limited and Motilal Oswal Investment Advisors Limited
Sponsor Bank
Axis Bank Limited and HDFC Bank Limited
Categories
FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
Sub-Categories applicable for UPI
IND and EMP (upto 5 Lakhs)
Name of the Registrar
MUFG Intime India Private Limited
Address of the Registrar
C 101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
Contact person name number and Email id
Shanti Gopalkrishnan, +91 81 0811 4949, lohiacorp.ipo@in.mpms.mufg.com
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Processing of ASBA Applications
Processing of ASBA Applications
Remark
The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only.
List of mobile applications accepting UPI as Payment Option
List of mobile applications accepting UPI as Payment Option
Video link for UPI based ASBA process
Video link for UPI based ASBA process
Video link for BHIM UPI Registration
Video link for BHIM UPI Registration

Documents

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