Lohia Corp IPO subscribed 0.39 times on Day 1 as retail investors lead demand

Lohia Corp Limited's initial public offering (IPO) opened with an overall subscription of 0.39 times by 5:24 PM on Day 1 (July 23, 2026). The ₹1,101.28 crore book-built issue, priced at ₹404 to ₹425 per share, received bids for 56,54,915 shares against 1,43,52,274 shares on offer. The retail investor category led demand with a subscription of 0.67 times, followed by QIBs (Ex-Anchor) at 0.43 times, while NIIs subscribed 0.15 times and the employee portion was subscribed 0.26 times, reflecting a measured response on the opening day.

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Subscription Status of Lohia Corp IPO

Here are the subscription details for Lohia Corp IPO Day 3, as of 5:24 PM:

मुख्य विशेषताएं - दिन 1

• Overall subscription stood at 0.39 times on Day 1 (July 23, 2026), indicating a moderate response on the opening day of the Lohia Corp IPO.
• Qualified Institutional Buyers (Ex-Anchor) subscribed 0.43 times, bidding for 32.94 lakh shares worth approximately ₹140.00 crore.
• Retail Individual Investors (RIIs) emerged as the strongest segment, subscribing 0.67 times with bids for 17.13 lakh shares valued at around ₹72.82 crore.
• Non-Institutional Investors (NIIs) subscribed 0.15 times, bidding for 5.96 lakh shares worth approximately ₹25.33 crore, while the Employee portion was subscribed 0.26 times.
• Anchor investors had fully subscribed their allocated portion before the issue opened, with 1.16 crore shares allotted, providing a strong institutional base ahead of the public subscription.
• Overall, investors bid for 56.55 lakh shares against 1.44 crore shares available in the public issue, resulting in an overall subscription of 0.39x.

About Lohia Corp Limited

Incorporated in 2023, Lohia Corp is engaged in manufacturing machinery and equipment for the technical textiles industry, with a focus on polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sack (raffia) production. Its product portfolio comprises tape extrusion lines, circular looms, coating and lamination systems, printing and conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines, recycling machines, and spare parts. The company's machinery caters to both packaging and industrial applications. Its equipment is used to manufacture products such as cement, fertiliser, chemical, polymer, food grain and mineral bags, shopping bags, FIBCs, container liners, tarpaulins, geotextiles, ground covers, carpet backing, ropes, and twines.