Lohia Corp, a leading manufacturer of machinery for woven plastic fabrics and technical textiles, has launched an initial public offering (IPO) worth ₹1,101.28 crore. The IPO is a 100% offer-for-sale (OFS), meaning the company will not receive any proceeds from the issue. The subscription period is open in July 2026, with the company planning to list on the NSE and BSE on July 30, 2026, according to livemint.com.
The company filed its Red Herring Prospectus (RHP) detailing the IPO, which is entirely an OFS. This structure allows existing shareholders to sell their shares to the public without diluting the company’s equity. Lohia Corp posted revenues of ₹17,169.95 million for the fiscal year 2026. The anchor investor portion of the IPO opened on July 22, 2026, as part of the subscription process outlined by the company.
Lohia Corp is recognized globally for its technical textiles machinery manufacturing, a sector that supports industries such as packaging, agriculture, and construction. The ₹1,101.28 crore IPO is significant in the technical textiles machinery space, providing liquidity to existing shareholders. The company’s financial performance and market position make this IPO a notable event in the Indian manufacturing and capital markets sectors.
The IPO subscription period is ongoing in July 2026, with the company set to list on the NSE and BSE on July 30, 2026. Investors can participate in the anchor investor portion, which opened on July 22, 2026, marking a key milestone in the public offering process.