Lohia Corp IPO Details
- Open Date TBA
- Close Date TBA
- Lot Size -
- IPO Size -
- IPO Price Range -
- Min Investment -
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
Lohia Corp IPO Synopsis
Lohia Corp Limited's IPO is likely to open in 2024. The company makes machinery and equipment used in the production of technical textiles. The IPO includes an Offer-for-Sale (OFS) of 31,695,000 Equity Shares Equity Shares. The share allotment date and listing date are yet to be announced. The price band and the lot size are yet to be declared.
ICICI Securities Limited, Iifl Securities Limited, Motilal Oswal Investment Advisors Limited, and HSBC Securities And Capital Markets (India) Private Limited are the book-running lead managers for this IPO, while Link Intime India Private Limited is the registrar.
Objectives of Lohia Corp IPO:
● The company will not receive any proceedings from the IPO.
About Lohia Corp
Lohia Corp Limited makes machinery and equipment used in the production of technical textiles globally. The company makes polypropylene (“PP”) and high-density polyethylene (“HDPE”) woven fabric and sacks (“Raffia”). It enjoys a market share of 17.5% across all Raffia machinery and 28.7%+ market share for machines used in PP/ HDPE fabric making at a global level.
Lohia Corp offers a wide range of machinery and equipment such as tape extrusion lines, winders, circular loom, coating and lamination lines, printing machine, conversion machine, multifilament yarn machine, recycling machines, twister winder and monofilament extrusion lines, and more. The company has supplied its products to 90+ countries as of March 2022.
Peer Comparison
• Lakshmi Machine Works Limited
Lohia Corp Financial Status
Lohia Corp IPO Key Points
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Strengths
1. The company is a market leader in India and among the leading manufacturers globally of machinery and equipment for technical textiles.
2. It is well-positioned to capture global industry tailwinds.
3. It has an advanced manufacturing infrastructure with comprehensive backward integration.
4. It also has technology-driven operations with a strong focus on quality.
5. Experienced Promoters and Senior Management. -
Risks
1. The company is heavily dependent on the performance of the plastic woven fabric machines market.
2. It faces significant competitive pressures in the industry.
3. Exposed to foreign currency fluctuation risks.
4. The business is manpower intensive.
5. It has significant working capital requirements.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Lohia Corp IPO FAQs
When does the Lohia Corp IPO opens and closes?
Yet to be announced.
What is the size of the Lohia Corp IPO?
Yet to be announced.
How to apply for the Lohia Corp IPO?
To apply for the IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Lohia Corp IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Lohia Corp IPO?
Yet to be announced.
What is the minimum lot size and investment required for the Lohia Corp IPO?
Yet to be announced.
What is the allotment date of the Lohia Corp IPO?
Yet to be announced.
What is the Lohia Corp IPO listing date?
Yet to be announced.
Who are the book runners for the Lohia Corp IPO?
ICICI Securities Limited, Iifl Securities Limited, Motilal Oswal Investment Advisors Limited, and HSBC Securities And Capital Markets (India) Private Limited are the book-running lead managers for Lohia Corp IPO.
What is the objective of Lohia Corp IPO?
Lohia Corp will not get any proceeds from the offer.
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