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Announced Wed, 22 Jul · 08:50 IST

Lohia Corp IPO opens tomorrow: GMP, price band, key dates and 10 things investors must know before subscribing

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AI summary

Lohia Corp's ₹1,101.28 crore IPO, entirely an offer for sale of 2.59 crore equity shares, opens for subscription on July 23 at a price band of ₹404-425 per share and closes on July 27, with listing expected on July 30. The IPO is commanding a grey market premium of ₹40 per share, implying a listing price of around ₹465, a premium of about 9.41% over the upper price band. For FY26, the company reported revenue of ₹17,169.95 million and net profit of ₹1,934.52 million, up from ₹13,768.72 million and ₹1,178.41 million respectively in FY25.