Lohia Corp Limited has fixed its initial public offering (IPO) price band between ₹404 and ₹425 per equity share, each with a face value of Re 1. The subscription for the IPO will open on July 23 and close on July 27, 2026. The offer consists solely of an offer for sale (OFS) of over 2.59 crore shares, with no fresh issue planned, according to livemint.com.
The IPO process will begin with the subscription window opening on Thursday, July 23, and closing on Monday, July 27. The shares offered are existing shares being sold by current shareholders, and no new shares will be issued by the company. The listing of Lohia Corp shares on stock exchanges is expected on July 30, 2026, as per the details shared by livemint.com.
This IPO is notable for being an OFS rather than a fresh issue, which means the company is not raising new capital but providing liquidity to existing shareholders. The price band of ₹404-425 per share positions Lohia Corp among mid-sized IPOs in the current market. The timing and pricing will be closely watched by investors amid a series of IPOs in the manufacturing and industrial sectors this year, according to livemint.com.
The IPO's subscription period will close on July 27, 2026, with the listing expected three days later on July 30. Investors will be able to assess the final allotment and listing performance shortly after these dates, as disclosed by livemint.com.