Home / Business and Economy / Lohia Corp IPO: Rs 193 Cr Profit Ahead of Debut
Lohia Corp IPO: Rs 193 Cr Profit Ahead of Debut
18 Jul
Summary
- Lohia Corp IPO opens July 23, featuring over 2.59 crore shares.
- Company reported a 64% profit jump to Rs 193 crore in FY26.
- Revenue increased 25% to Rs 1,717 crore in the same period.
The initial public offering (IPO) for Lohia Corp, a manufacturer of machinery for technical textiles, is scheduled to commence on July 23, 2026, with public bidding concluding on July 27, 2026. The offering is structured as a pure offer for sale, involving more than 2.59 crore shares from promoters and existing shareholders.
This move comes as Lohia Corp reported robust financial performance for the fiscal year ending March 31, 2026. Net profit surged by 64% year-on-year to Rs 193 crore, up from Rs 118 crore in the previous fiscal year. Correspondingly, revenue from operations experienced a 25% increase, reaching Rs 1,717 crore compared to Rs 1,377 crore in FY25.
The company specializes in machinery for producing polypropylene and high-density polyethene woven fabric and sacks. The IPO will open for anchor investors on July 22, 2026. Equirus Capital and Motilal Oswal Investment Advisory are managing the issuance, with shares slated for listing on both the BSE and NSE.
