Lohia Corp Limited IPO
Listed
7.21×
Subscribed
Price band
₹425 – ₹425
Open – close
23 Jul 2026
to 27 Jul 2026
Listing
30 Jul 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
Weak4 of 7 dimensions read
The disclosed numbers are weak — 2 of 4 signals read negative
Strength38/100
- Slow revenue growthRevenue compounding at only 0.0%
- Low return on equityROE of 9.4% — the business earns little on the capital it already has
- Conservative balance sheetDebt/equity of 0.00×
- Institutional book coveredQIB portion subscribed 9.11×
Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed, and is pulled toward neutral to reflect how much the document leaves unsaid. It is not a prediction of the listing price, and it is not advice to apply.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens23 Jul 2026
- Closes27 Jul 2026
- Listing30 Jul 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB9.11x
Non-institutionalNII / HNI6.77x
Retail individualRII2.61x
Chance of allotment
Retail2.61× subscribed
~1 in 2.6
Retail is 2.61× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 2.6 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII6.77× subscribed
~1 in 6.8
HNI is 6.77× subscribed. This category is allotted proportionately, so a bid receives roughly 1/6.8 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹425 – ₹425
Company & valuation
Return on equity9.43%
Debt / equity0.00×
What the money is for
Stated use of the net proceeds
- 01carry out the Offer for Sale of 25,931,407 Equity Shares of face value of ₹ 1 each aggregating up to ₹ [●] million by the Selling Shareholdersnot stated
- 02achieve the benefits of listing the Equity Shares on the Stock Exchangesnot stated
Objects with no stated amount — typically general corporate purposes — are funded from whatever remains, so the quantified figures do not sum to the whole issue.
Financials
Restated figures as reported in the offer document, ₹ crore
| Period | Revenue | EBITDA | PAT | Net worth | Debt |
|---|---|---|---|---|---|
| 2025 | 311.5 | 48.1 | 30.1 | 319.1 | 0 |
| 2026 | 311.5 | 48.1 | 30.1 | 319.1 | 0 |
Revenue CAGR 0.0%PAT CAGR 0.0%
Risks worth reading
Ranked by our severity assessment, not by the order the prospectus prints them
mediumThe Company is heavily dependent on the performance of the woven raffia machines market, deriving 88.16% of revenue from operations in Fiscal 2026, 87.28% in Fiscal 2025, and 85.68% in Fiscal 2024 from this segment.
mediumThe demand for the machinery and equipment the Company manufactures is dependent on the demand for end-use products such as agro-textiles, building-textiles, geo-textiles, and packing-textiles.
mediumThe production and sales of technical textiles may be affected by general economic or industry conditions, including seasonal trends in the agriculture sector, recessionary trends in the global and domestic economies, volatility in the construction sector, and evolving regulatory requirements.
Positives the filing discloses (1)
Low leverage
Debt-to-equity of 0.00x.
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+26.9%
Listed up
8 of 8
Best
+90.0%
Millworks Technologies
Worst
3.0%
Happy Steels
Caliber Mining and Logistics Limitedsame segment
146.4× sub+18.0%
Sotefin Bharatsame segment
3.8× sub+9.6%
Millworks Technologiessame segment
192.7× sub+90.0%
SBI Funds Management Limitedsame segment
41.6× sub+6.8%
Happy Steelssame segment
72.0× sub+3.0%
Devson Catalystsame segment
203.7× sub+66.2%
Kusumgar Limitedsame segment
127.9× sub+35.8%
IC Electricalssame segment
378.6× sub+67.7%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Lohia Corp Limited IPO subscribed?
Lohia Corp Limited is subscribed 7.21× overall (QIB 9.11×, NII 6.77×, retail 2.61×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the Lohia Corp Limited IPO?
The retail portion is subscribed 2.61×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.