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News Details

( As on 20/07/2026 15:40)

Lohia Corp announces launch of initial public offering

Lohia Corp Ltd. has announced public offering of 25931407 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 424.00 per share. The gross proceeds of the issue are expected to be Rs 1,10,208.48 lakhs.

The company's initial public offer (IPO) will open on 23 July 2026 and is expected to close on 27 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 404.00-425.00 per share.

The IPO includes a fresh Issue of 25931407 Equity Shares of the Company at an price of Rs 425.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 35 shares with bids in multiples of 35.

Lohia Corp Ltd. anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Limited,Equirus Capital Pvt. Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.