Lohia Corp IPO Opens Today: Rs. 492 Crore Raised From Anchor Investors Including Citigroup, Nomura and SBI Life. Check Price Band, Lot Size and All Details
Textile machinery maker Lohia Corp enters the primary market with strong institutional backing. The company raised Rs. 492.1 crore from anchor investors on the eve of its IPO, which opens for public subscription today, Thursday, 23 July 2026, and closes on Monday, 27 July. Marquee global names including Citigroup, Societe Generale and Nomura feature in the anchor book, alongside domestic heavyweights like SBI Life Insurance. Here is everything you need to know before bidding, with every number from the anchor allocation to the lot size.
Anchor Round: Rs 492.1 Crore at Rs 425
A day before opening, Lohia Corp informed the exchanges that it allocated 1,15,79,133 equity shares to anchor investors at Rs. 425 per share, the upper end of the price band, raising Rs. 492.1 crore. A fully priced anchor round at the top of the band is generally read as a signal of confident institutional demand heading into the public subscription window.
Who Invested in the Anchor Book
The anchor list mixes global and domestic institutions. Marquee participants include Citigroup Global Markets Mauritius, Societe Generale (ODI), Nomura Singapore, SBI Life Insurance and Kotak Mahindra Life Insurance.
On the mutual fund side, allocations went to ICICI Prudential Smallcap Fund, Tata Business Cycle Fund and Kotak Multicap Fund, among others. Of the total anchor allocation, 73,17,695 shares (about 63%) went to seven domestic mutual funds through 13 schemes, a healthy sign since domestic MF anchor participation tends to indicate longer-holding institutional interest.
IPO Dates, Price Band and Lot Size
Price band: Rs. 404 to Rs 425 per equity share (face value Re 1) Opens: Thursday, 23 July 2026 Closes: Monday, 27 July 2026 Lot size: 35 shares, and multiples of 35 thereafter Minimum investment: About Rs. 14,875 at the upper band (35 x Rs 425) Listing: Both NSE and BSE
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Pure OFS: Who Is Selling
The issue is entirely an offer for sale of up to 2,59,31,407 equity shares, which works out to roughly Rs 1,102 crore at the upper band. The sellers are the promoters, Raj Kumar Lohia, Amit Kumar Lohia, Gaurav Lohia and Ritu Lohia, along with other selling shareholders Alok Kumar Lohia, Anurag Lohia and Anuja Lohia.
Since there is no fresh issue, the company will not receive any proceeds; the money goes to the selling shareholders. Investors should factor the pure-OFS structure into their evaluation: the listing provides an exit for the promoter family rather than fresh growth capital for the business.
Pre-IPO Deal: Promoters Sold Rs 294.9 Crore
In an advertisement published in the Financial Express on 22 July, the company disclosed that promoters Gaurav Lohia and Amit Kumar Lohia sold shares worth nearly Rs. 294.9 crore ahead of the IPO to leading financial institutions, including Kotak Mahindra Life Insurance, Motilal Oswal Value Migration Fund Series I, Spark Midas Investment Fund I and Convivial Advisors LLP. Institutional buying at the pre-IPO stage adds another layer of price discovery before the public issue.
About Lohia Corp
Lohia Corp is one of the world’s leading manufacturers of machinery and equipment for technical textiles. Its machines are used to produce polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks, the workhorse packaging materials for cement, fertilisers, food grains and chemicals, giving the company exposure to a steady industrial demand base rather than fashion-cycle textiles.
Lead Managers and Registrar
Equirus Capital and Motilal Oswal Investment Advisors are the book-running lead managers to the issue, while MUFG Intime India is the registrar. Allotment status, once finalised after the 27th July close, will be checkable on the registrar’s portal and the BSE website.
Frequently Asked Questions (FAQs)
Q1. When does the Lohia Corp IPO open and close?
The IPO opens on Thursday, 23 July 2026, and closes on Monday, 27 July 2026.
Q2. What is the Lohia Corp IPO price band and lot size?
The price band is Rs. 404 to Rs. 425 per share, with a lot size of 35 shares. One lot costs about Rs. 14,875 at the upper band.
Q3. How much did Lohia Corp raise from anchor investors?
The company raised Rs. 492.1 crore by allotting 1,15,79,133 shares at Rs. 425 apiece to anchors including Citigroup, Societe Generale, Nomura Singapore, SBI Life and Kotak Mahindra Life.
Q4. Is the Lohia Corp IPO a fresh issue or OFS?
It is a 100% offer for sale of up to 2,59,31,407 shares by the promoter Lohia family and other selling shareholders, so the company receives no proceeds.
Q5. What does Lohia Corp do?
It is one of the world’s leading makers of machinery and equipment for technical textiles, particularly for producing PP and HDPE woven fabrics and sacks.
Q6. Where will Lohia Corp shares list?
The shares are proposed to be listed on both the NSE and the BSE.
