MediumPositive
Announced Thu, 23 Jul · 08:22 IST

Lohia Corp IPO opens today: Grey market premium suggests 9% listing gains; check key details

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lohia Corp's IPO opens today with a price band of Rs 404-425 per share, comprising an Offer for Sale of over 2.59 crore equity shares. Grey market premium of Rs 36 indicates about 8.5 percent listing gains, with an estimated listing price of around Rs 461. The company reported FY26 net profit of Rs 193 crore (up 64 percent YoY) on revenue of Rs 1,717 crore (up 25 percent YoY), with the issue closing on July 27 and listing expected on July 30.