Neutral impactIPO
Lohia Corp IPO subscribed over 70% so far on last day of bidding; GMP signals muted listing
Moneycontrol.com 2 hrs ago·27 Jul 2026, 6:05 am
IPO Moneycontrol.com
Lohia Corp's initial public offering (IPO) has received a strong response from investors, with bids exceeding 70% of the total issue size on the final day of subscription. This high demand indicates significant interest in the company, which is a leading manufacturer of two-wheelers and three-wheelers in India. The strong subscription levels suggest that retail and institutional investors are optimistic about the company's growth prospects and its ability to compete in the market.
Despite the strong subscription, the grey market premium (GMP) is signaling a muted listing for the stock. The GMP is a key indicator of market sentiment and is calculated based on the expected listing price. A muted GMP suggests that the listing price may be close to the issue price, which could limit the immediate gains for investors. Investors should keep an eye on the final listing price and market trends to make informed decisions.
Key takeaways
- Category: IPO.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
