Raajmarg Infra Investment Trust IPO...
05 Mar, 2026
Lohia Corp IPO
Lohia Corp IPO is a 100% book-built offer, with the total offer size entirely of an Offer for Sale (OFS) of up to 4,22,59,970 (4.22 crore) equity shares, while the face value of each equity share is ₹1. The company filed its DRHP with SEBI on August 12, 2025.
The specific price band and the official dates of subscription and listing will be announced by the company later. The issue is managed by the Book Running Lead Managers (BRLMs), including Equirus Capital Private Ltd. and Motilal Oswal Investment Advisors Ltd., while MUFG Intime India Private Ltd. (formerly Link Intime India Private Ltd.) serves as the registrar to the issue.
Company Background
Lohia Corp Ltd. was established as "Kanpur Packaging Machines Ltd." on June 5, 2023, although it has been operating in the market since 1981 as a joint venture between the Lohia group and Maschinenfabrik Starlinger & Co., Austria. The headquarter of the company is in Kanpur, Uttar Pradesh.
The present corporate structure was achieved after a demerger and change of name, which came into effect on May 1, 2024. The company has received recognition for its engineering expertise over the years. It has emerged as a world leader in the field of machinery for technical textiles, especially for items made of polypropylene (PP) and high-density polyethylene (HDPE).
Operations & Product Range
Lohia Corp Ltd. offers a comprehensive range of machinery required for the production of fertilizer sacks, woven fabric and cement bags, primarily used by customers in the packaging and textile sectors. The company’s manufacturing process encompasses the entire life cycle of the raffia industry, which is also known as a “concept to commissioning” process. The major products and services offered by this company are:
- • Tape extrusion lines and tape winders.
- • Circular looms for weaving.
- • Coating, lamination and printing machines.
- • Specialized machinery, like multifilament yarn machines and recycling units.
Facilities & Capacity
Lohia Corp Ltd. has various manufacturing units spread across different industrial centers. The main units are based in the Panki Industrial Estate and the Lohia Industrial Complex in Kanpur, Uttar Pradesh. It also has manufacturing operations in Bengaluru, Karnataka.
While the company produces a wide variety of machines, its installed capacity for extrusion lines is recorded at 12 units. The company also operates the Manpower Technical Training Center (MTTC) in Kanpur to train its workforce in machine building and technical operations.
Brands & Market Presence
The "LohiaCorp" brand is a global leader in the raffia machinery market. As of 2024, Lohia Corp Ltd. has a 15.4% share of the global woven raffia machinery market in terms of revenue. The company has established a strong global presence, with exports accounting for 56.64% of its revenue from its Fiscal 2025 operations. The company has been receiving the EEPC India National Award for Export Excellence, which reflects the company’s strength in the engineering export field.
Revenue Streams & Business Model
The primary revenue source of Lohia Corp Ltd. is the sale of high-performance machinery and spare parts to the technical textile industry, as well as lifecycle services and maintenance support for the machine installations also contribute to the revenue. The business model focuses on high-value engineering exports alongside a strong domestic presence.
In fiscal 2025, more than half of its total revenue (56.64%) was generated from international markets. The company also earns revenue from providing lifecycle services and maintenance support for the machines it installs.
Management & Shareholding
The promoters of Lohia Corp Ltd. are Raj Kumar Lohia, Gaurav Lohia, and Amit Kumar Lohia. Before the IPO, they collectively owned 74.69% of the total ownership of the company. Raj Kumar Lohia (Chairman & Managing Director) has more than 43 years of experience in manufacturing, while Gaurav Lohia (COO) has more than 20 years of experience. The promoters of the company, after this IPO, expected to retain a majority stake post-offer, as this issue is a 100% offer for sale.
Board & Key Management
The Board of Directors of Lohia Corp Ltd. is headed by its Chairman & MD Raj Kumar Lohia and the whole-time directors are COO Gaurav Lohia, Rajendra Kumar Arya and Paritosh Kumar Mukherjee. The independent directors of the Board of Directors are Dinesh Kumar Mittal, Naresh Kumar Gupta, Basant Seth and Keith Reddy Padmaja Reddy. The key managerial personnel are CFO Anupam Agarwal and CS Shikha Srivastava.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Lohia Corp IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Lohia Corp IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹1 per share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Offer For Sale |
| Total Issue Size | 4,22,59,970 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | - |
| Offer for Sale | Up to 42,259,970 Equity Shares (Aggregating up to ₹[●] Cr) |
| Net Offered to Public | - |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 10,56,50,000 shares |
| Share Holding Post Issue | 10,56,50,000 shares |
Lohia Corp IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the Bid/Offer Closing Date |
Lohia Corp IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | - | ~₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | - | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | - | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | - | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | - | Over ₹10,00,000 |
Lohia Corp IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 93% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Market Legacy by operating since 1981 in India and among the leading global companies
- • Provides a broad product spectrum encompassing the entire woven fabric chain, from extrusion to conversion and recycling.
- • Operates its own advanced manufacturing plants with complete backward integration and an in-house training facility.
- • Innovation-driven operations with a strong emphasis on innovation, with many patents and trademarks worldwide.
Lohia Corp IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 967.60 | 1,386.47 | 117.84 | - | 358.14 | 212.16 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.71% |
| ROCE | 30.45% |
| Debt/Equity | 0.47x |
| RoNW | 106.11% |
| PAT Margin | 8.50% |
| EBITDA Margin | 16.49% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹13.70 (Basic & Diluted) | [.] |
| P/E (x) | [.] | [.] |
IPO Objectives
As the Lohia Corp IPO is entirely an offer for sale, the company will not receive any funds from the issue. The primary objectives are:
- • To achieve the benefits of listing the equity shares on the stock exchanges, such as brand visibility.
- • To provide an exit or partial liquidity to the selling shareholders.
Conclusion
The Lohia Corp IPO gives investors an insight into a company that is highly export-oriented and has a rich history of innovation, as this is a 100% OFS. Lohia Corp Ltd. is a shining example of the engineering capabilities of the Indian nation, as it holds a substantial market share in the global market for specialty textile machinery. The company’s strong market position and end-to-end service approach have been its execution strategy.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 12-08-2025 | View DRHP |
| 2 | SEBI/Exchange approval received | 08-12-2025 | - |
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Frequently Asked Questions (FAQs)
-
What is the total issue size of the Lohia Corp IPO?
This issue consists of an offer for sale of up to 4.22 crore equity shares.
-
Who are the main promoters of Lohia Corp Ltd.?
The promoters of the company are Raj Kumar Lohia, Gaurav Lohia and Amit Kumar Lohia.
-
Is there a fresh issue of shares in the Lohia Corp IPO?
No, this issue is a 100% offer for sale (OFS).
-
What is the market share of Lohia Corp Ltd. in its main business segment?
Lohia Corp had a revenue-based market share of 15.4% in the global woven raffia machinery market in 2024.
-
Where is the headquarters of Lohia Corp Ltd.?
The registered office of the company is situated in Kanpur, Uttar Pradesh, India.
