Lohia Corp IPO allotment in focus today; latest GMP, 6 steps to check status

Lohia Corp IPO share allotment will be finalised today, with the issue subscribed 7.25 times over its three-day bidding window. The grey market premium stands at +11.5, signalling a pessimistic outlook, with an estimated listing price of around 436.5 per share, about 2.71% above the upper end of the price band at 425. Refunds for non-allottees begin 29 July, and the stock is scheduled to list on 30 July.