Lohia Corp Limited’s Initial Public Offering to Open on Thursday, July 23, 2026, Price Band set at Rs 404 – Rs 425 per Equity Share
Price band of Rs 404 – Rs 425 per Equity Share bearing face value of Re 1 each (“Equity Shares”)
Bid/Offer Opening Date, Thursday July 23, 2026 and Bid/Offer Closing Date – Monday, July 27, 2026.
Minimum Bid Lot is 35 Equity Shares and in multiples of 35 Equity Shares thereafter
Mumbai, Monday, July 20, 2026: Lohia Corp Limited (formerly known as Kanpur Packaging Machines Limited) has fixed the price band of Rs 404/- to Rs 425/- per Equity Share of face value Re 1/- each for its Initial Public Offering.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, July 23, 2026, for subscription and close on Monday, July 27, 2026.
Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
The issued, subscribed and paid-up Equity share capital of our Company is 105,650,000 divided into 105,650,000 Equity Shares of face value of Re 1 each
Equity Shares outstanding as on date is 105,650,000 Equity Shares of Re 1 each
The Offer, with a face value of Re 1, consists of an Offer for Sale of up to 25,931,407 Equity Shares by promoters – Raj Kumar Lohia, Amit Kumar Lohia, Gaurav Lohia and a member of the promoter group – Ritu Lohia and Other selling shareholders - Alok Kumar Lohia, Anurag Lohia and Anuja Lohia.
The Offer is being made through the book-building process, wherein not less than 75% of the net Offer is allocated to qualified institutional buyers, and, not more than 15% and 10% of the net Offer is assigned to non-institutional bidders and retail individual bidders respectively.
Incorporated in 2023, the company is among the leading global manufacturers of machinery and equipment for technical textiles in terms of revenue in 2024, with a strong focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (Raffia) (Source: F&S Report, page 193).
Its revenue from operations was Rs 17,169.95 million during FY26 as compared to Rs 13,768.72 million a year earlier. Its net profit was Rs 1,934.52 million during FY26 as against Rs 1,178.41 million a year earlier.
Equirus Capital Limited (formerly known as Equirus Capital Private Limited) and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar of the Offer.
The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
Lohia Corp Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed a red herring prospectus dated July 17, 2026, with the Registrar of Companies, Uttar Pradesh-I at Kanpur (“RoC”). The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM https://www.equirus.com/ and https://www.motilaloswal.com/ the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://www.lohiagroup.com/. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 20 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.
The Equity Shares offered in the Offer have not been, and will not be, registered under the United States Securities Act of 1933, as amended (“U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares are being offered and sold outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales are made.
Disclaimer Clause of Securities and Exchange Board of India (“SEBI”): SEBI only gives its observations on the Offer documents and this does not constitute approval of either the Offer or the specified securities stated in the Offer Documents. The investors are advised to refer to page 454 of the RHP for the full text of the disclaimer clause of SEBI.
Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the page 456 of the RHP for the full text of the disclaimer clause of BSE.
Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to page 456 of the RHP for the full text of the disclaimer clause of NSE.