Lohia Corp Limited has confirmed a strong start to its initial public offering (IPO) process, successfully securing ₹492.1 crore from a group of anchor investors. This move sets a positive tone as the manufacturer prepares for its formal market debut on July 23, 2026.
The company has finalized a price bracket of ₹404 to ₹425 per share for the upcoming issue. In this lead-up phase, the firm allocated more than 1.15 million shares to institutional participants, signaling healthy demand for the industrial machinery leader.
Key Highlights:
- Anchor portion raised: ₹492.1 crore
- Price band: ₹404–425 per share
- IPO opening date: July 23, 2026
Market analysts are closely watching the subscription levels as the main offering opens later this week. The successful anchor round is widely viewed as a vote of confidence in the company's long-term growth trajectory within the industrial equipment sector.
