Lohia Corp IPO Listing: Shares List at a Premium of ₹460.10 (8.26%) on NSE and at ₹460 (8.24%) on BSE
Lohia Corp IPO Listing: Shares List at a Premium of ₹460.10 (8.26%) on NSE and at ₹460 (8.24%) on BSE
Key takeaways:
- Lohia Corp Limited started trading at ₹460.10 on NSE and ₹460 on BSE, respectively, at a premium of 8.26% and 8.24%.
- The public issue of ₹1,101.28 crore was oversubscribed by 7.26 times, with steady demand coming in from all investor categories.
- It has a strong international presence as a manufacturer of equipment for woven polypropylene (PP) and HDPE technical textile products (raffia).
- The company has exhibited impressive financials and reported a total income of ₹1,737.87 crore and a profit after tax(PAT) of ₹193.45 crore in FY26.
Lohia Corp Limited, the global manufacturer of machinery for technical textiles, has made its debut on the Indian capital markets today. The company has listed its equity shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) to become public.
The IPO opened at a positive premium of 8.26% on the NSE today at ₹460.10 per share and at a premium of 8.24% on the BSE at ₹460 per share against the upper price band of ₹425 per share.
Let's delve into the Lohia Corp IPO listing performance and its IPO journey.
Lohia Corp IPO - Listing performance
Lohia Corp's shares have officially been listed on the Indian stock exchanges on July 30, 2026. The shares were listed at ₹460.10 on the NSE, up 8.26% from the issue price and at ₹460 on the BSE, up 8.24% from the issue price. Since the listing, the stock has been trending steadily with investors' well-balanced response to the valuation.
The positive listing of shares was above its grey market premium (GMP) of about ₹12 to ₹17.50 that Lohia Corp Limited had been reporting in the unlisted market ahead of the listing day. The IPO was subscribed by a range of investors as the company is a market leader in India, has advanced manufacturing facilities and had a fair valuation.
These fundamentals helped this IPO overcome the concerns of the company's dependence on cyclical businesses such as cement and agriculture, and helped boost its subscription numbers.
About Lohia Corp
Lohia Corp Limited is a global technical textile machinery manufacturing company. The company designs, manufactures and supplies advanced machinery like tape extrusion lines, circular weaving looms, winding systems and recycling systems. They are primarily used for making polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks.
With over 101,452 circular weaving looms supplied and a strong intellectual property portfolio of over 71 granted patents in India, Lohia Corp commands an estimated 40% market share in India. The company is also well established in the international market and has warehouses and offices across Brazil, Russia, Thailand, the UAE, and the USA.
Financially, the company boasts robust return metrics, with a total income of ₹1,737.87 crore and a profit after tax(PAT) of ₹193.45 crore in FY26. It also had an adjusted EPS of ₹18.31 (FY25) and a Return on Net Worth (RoNW) of nearly 73%.
Lohia Corp IPO Journey
The IPO of Lohia Corp was open for three days from July 23, 2026, to July 27, 2026. The price band of the IPO was ₹404 to ₹425 per equity share with a minimum retail lot size of 35 equity shares. The entire issue of ₹1,101.28 crore was an Offer for Sale (OFS) by the existing promoters and stakeholders.
Hence, no funds were raised for future activities or expansion of the company. The company also extended a discount of ₹40 per share to eligible employees bidding in the employee quota.
Overall subscription of the IPO was 7.26 times. The retail segment subscribed to its quota at 2.78 times, and the Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) also had a stable subscription with 9.11 times and 6.82 times, respectively. The employees' quota was subscribed 1.39 times.
Wrap up
Lohia Corp Limited's listing success highlights the ongoing investor interest in Indian capital goods and machinery manufacturers with strong fundamentals. The listing premium of approximately 8% is realistic and above the overall market expectations and the pre-listing grey market trends of Lohia Corp.
The company's business is highly dependent on cyclical end-markets, but it's an attractive long-term play with an extensive international sales network, high-tech integration and consistent profitability. The company's resilience to global economic cycles and the probability of plastic packaging regulations will be important factors in unitholders' wealth creation over the long term as the company begins its journey as a publicly listed company.
