Lohia Corp IPO opens on July 23: Here’s all you need to know

Lohia Corp IPO opens on July 23 with an entirely Offer for Sale of over 2.59 crore shares by promoters and other shareholders, meaning no proceeds will go to the company. The Kanpur-based manufacturer of technical textile machinery reported FY26 net profit of Rs 193 crore, up 64 percent year on year, on revenue of Rs 1,717 crore, up around 25 percent. Equirus Capital and Motilal Oswal Investment Advisory are the book-running lead managers, with anchor investor bidding opening on July 22.