Lohia Corp Limited Raises Rs 492.1 Crore from Anchor Investors

Mumbai, July 22, 2026: Lohia Corp Limited, which is the leading global manufacturers of machinery and equipment for technical textiles, has garnered Rs 492.1 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Thursday, July 23, 2026.

The company informed the bourses that it allocated 1,15,79,133 equity shares at Rs 425 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include CITI GROUP GLOBAL MARKETS MAURITIUS PVT LTD, SOCIETE GENERALE – ODI, NOMURA SINGAPORE LIMITED, SBI LIFE INSURANCE CO LTD and KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.

Amongst equity- oriented schemes, the company has allocated shares to ICICI PRUDENTIAL SMALLCAP FUND, TATA BUSINESS CYCLE FUND and KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MULTICAP FUND.

Out of the total allocation of 1,15,79,133 equity shares to the anchor investors, 73,17,695 were allocated to 7 domestic mutual funds through 13 schemes.

Equirus Capital Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.

In an advertisement in Financial Express on 22 July 26, the company has informed that its promoters including Gaurav Lohia and Amit Kumar Lohia have sold shares worth nearly Rs 294.9 crore to leading financial institutions including Kotak Mahindra Life Insurance Company Limited, Motilal Oswal Value Migration Fund Series I, Spark Midas Investment Fund I and Convivial Advisors LLP.    

The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.

IPO Details

Lohia Corp Limited has fixed the price band of Rs 404 to Rs 425 per Equity Share of face value Re 1/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, 23 July, 2026, for subscription and close on Monday, 27 July, 2026.

Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.

The offer, with a face value of Re 1, consists of an offer-for-sale of up to 25,931,407 by promoters – Raj Kumar Lohia, Amit Kumar Lohia, Gaurav Lohia and Ritu Lohia.

Other investors selling shares - Alok Kumar Lohia, Anurag Lohia and Anuja Lohia.

Company Information

Incorporated in 2023, the company is among the leading global manufacturers of machinery and equipment for technical textiles in terms of revenue in 2024, with a strong focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (Raffia) (Source: F&S Report, page 193).

In 2024, the company ranked among the top global players by revenue, with a 15.4% share of the global woven Raffia machinery market by value (Source: F&S Report, page 193).

It is a market leader in the domestic woven Raffia machines market, with a dominant market share of 40.7% by value in Fiscal 2025 (Source: F&S Report, page 200). As of March 31, 2026, the company’s manufacturing facilities had an installed capacity to produce 240 tapelines, 13,800 circular looms and 108,000 tape winders annually.