Mainboard primary market activity receives a major boost as technical textile machinery manufacturer Lohia Corp announces the price band for its upcoming Initial Public Offering (IPO). The company has fixed the price band at ₹404 to ₹425 per equity share for its public issue, which officially opens for bidding on Thursday, July 23, 2026, and closes on Monday, July 27, 2026. Anchor investor bidding is scheduled for Wednesday, July 22, setting the stage for one of the most closely tracked industrial manufacturing listings of the second half of the year.Offer For Sale Structure And Key Subscription Dates: All You Need To KnowThe Lohia Corp IPO is structured entirely as an Offer for Sale (OFS) of over 25.9 million equity shares, meaning the entire proceeds generated from the issue will go to the participating selling promoters and shareholders. Promoters including Raj Kumar Lohia (selling up to 167.28 lakh shares), Gaurav Lohia, Amit Kumar Lohia, and Ritu Lohia, alongside other key equity holders, are participating in the share sale. Following the subscription window, the basis of allotment will be finalized on Tuesday, July 28, with refunds initiated and shares credited to demat accounts on Wednesday, July 29. The stock is anticipated to make its market debut on both the BSE and NSE on Thursday, July 30.Lot Size, Investor Reservation Percentages, And Lead ManagersRetail investors can bid for a minimum lot size of 35 equity shares, with subsequent investments made in multiples of 35 shares. Under the public issue allocation rules, the company has reserved up to 75% of the total issue for Qualified Institutional Buyers (QIBs), while Non-Institutional Investors (NIIs) have been allocated at least 15% of the shares. The retail individual investor category accounts for the remaining 10% of the net offer. Equirus Capital Private Limited is acting as the sole book-running lead manager for the public offer, while Link Intime India Private Limited serves as the official registrar to the issue.Technical Textile Machinery Giant: Robust Manufacturing Infrastructure And Global OperationsIncorporated in 2023, Lohia Corp has established itself as a premier global manufacturer of specialized machinery and equipment for the technical textile industry. The company excels in engineering end-to-end production systems for woven fabrics and sacks crafted from polypropylene (PP) and high-density polyethylene (HDPE). As of March 31, 2026, Lohia Corp maintains an impressive annual installed manufacturing capacity, including 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders. Its vast product portfolio spans circular looms, coating and lamination systems, printing and conversion units, twister winders, monofilament extrusion setups, and industrial recycling machinery essential for global supply chains.Financial Growth Trajectory: Net Profit Soars 64% In FY26Lohia Corp's machinery forms the backbone of packaging across critical sectors including cement, fertilizers, chemicals, agriculture, and minerals, along with high-demand industrial products like Flexible Intermediate Bulk Containers (FIBCs), tarpaulins, and geotextiles. Demonstrating strong operational health, the company reported stellar financial results for FY26. Net profit surged 64% year-on-year to reach ₹193 crore, up from ₹118 crore recorded in FY25. Concurrently, operational revenue registered a robust 25% growth to hit ₹1,717 crore compared to ₹1,377 crore in the previous fiscal year, highlighting solid fundamental backing ahead of its stock market listing.
