Kanpur-based Lohia Corp, a global manufacturer of technical textile machinery, is finalizing the basis of allotment for its Initial Public Offering (IPO) on Tuesday, July 28, 2026. Successful applicants will receive debit alerts for their funds by Wednesday, July 29, with refunds for unsuccessful bidders also processed on the same day. The company's shares are slated to list on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday, July 30, 2026.
Lohia Corp IPO: Key Details and Subscription
The Lohia Corp IPO was open for bidding from July 23 to July 27, 2026, offering shares in a price band of Rs 404-425 apiece. Investors could apply for a minimum lot size of 35 shares. The company aimed to raise Rs 1,101 crore through this IPO, which was entirely an offer-for-sale (OFS) of up to 2,59,31,407 shares.
The issue garnered a strong response from investors, being overall subscribed 7.25 times with nearly 1.91 lakh applications. This brought in bids totaling approximately Rs 4,500 crore. The Qualified Institutional Bidders (QIBs) portion saw a subscription of 9.11 times, while Non-Institutional Investors (NIIs) subscribed 6.82 times. Retail bidders' quota was booked 2.77 times, and the employee portion was subscribed 1.39 times.
Grey Market Premium (GMP) Update
The Grey Market Premium (GMP) for Lohia Corp has shown some recovery. While it was previously trading at a discount, the latest reports indicate a potential listing pop of 2-3 percent, corresponding to a discount of Rs 10-12 per share. During the bidding phase, the GMP was around Rs 7-8 per share.
How to Check Lohia Corp IPO Allotment Status
Investors who participated in the Lohia Corp IPO can check their allotment status through several official channels:
1. Via BSE Website:
- Visit the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Under 'Issue Type', select 'Equity'.
- Under 'Issue Name', choose 'Lohia Corp Limited' from the dropdown menu.
- Enter your 'Application Number'.
- Provide your 'PAN Card ID'.
- Complete the 'I am not a Robot' captcha and click 'Search'.
2. Via NSE Website:
- Go to the NSE website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select 'Equity & SME IPO Bid details'.
- Under 'Select Symbol', choose 'LCL'.
- Enter your 'PAN No.' and 'Application No.'.
- Click 'Submit' to view your status.
3. Via Registrar's Portal (MUFG Intime India):
MUFG Intime India is the official registrar for the Lohia Corp IPO. Their online portal is another reliable way to check your allotment status:
- Visit the MUFG Intime India web portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- From the dropdown menu, select the IPO/FPO name (which will be populated once the allotment is finalized).
- You can choose to search by 'Application Number', 'Demat Account number', or 'PAN ID'.
- Select your application type (ASBA or non-ASBA).
- Enter the details corresponding to your chosen search mode.
- Fill in the security captcha accurately.
- Click 'Submit'.
Lohia Corp, incorporated in 2023, specializes in manufacturing machinery and equipment for technical textiles, particularly for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks. As of March 31, 2026, the company boasts an installed capacity to produce 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders annually.