Neutral impactIPO
Lohia Corp IPO Day 2: Issue subscribed 59%, here's all you need to know
Zee Business 2d ago·24 Jul 2026, 11:05 am
IPO Zee Business
Lohia Corp's IPO saw 59% subscription on the second day of bidding, indicating strong interest from investors. The company is offering shares to raise funds for general corporate purposes and working capital. The issue consists of a fresh issue of equity shares and an offer for sale by existing shareholders.
This subscription level suggests that the retail and institutional segments are supporting the issue. For investors, the subscription figure helps gauge the demand for the stock before it gets listed. It reflects the market's appetite for the company's business model and valuation.
Investors should watch for the final subscription numbers on the last day of bidding. The grey market premium and the overall market sentiment will also be key factors to consider before the listing. The company's financial performance and future growth prospects will determine its listing performance.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
