HighPositive
Announced Mon, 20 Jul · 11:31 IST
Lohia Corp IPO: Price band set at ₹404-425 per share; check key dates, issue details
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Lohia Corp has fixed its IPO price band at Rs 404-425 per share for a Rs 1 face value equity share, with the subscription window opening on 23 July and closing on 27 July. The issue is entirely an Offer for Sale of over 2.59 crore equity shares, with no fresh issue component, meaning the company will not receive any proceeds. The company reported FY26 revenue of Rs 1,717 crore, up 25 percent year-on-year, and net profit of Rs 193 crore, up 64 percent, reflecting strong financial growth ahead of the listing scheduled for 30 July on BSE and NSE.