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Lohia Corp secures ₹492.1 crore from anchor investors ahead of IPO

The machinery maker fixed an issue price band of ₹404 to ₹425 per share and will open subscriptions on July 23, 2026.

Reported · Written up by our desk · Emerging Markets

Lohia Corp Limited has raised ₹492.1 crore from anchor investors ahead of its initial public offering, with the IPO opening for public subscription on July 23, 2026, according to LiveMint Markets.

The company set its price band at ₹404 to ₹425 per equity share and said it allocated 1,15,79,133 equity shares to anchor investors at the top price of ₹425 per share.

LiveMint Markets reported that anchor allocations include Citigroup Global Markets Mauritius, Societe Generale, Nomura Singapore, SBI Life Insurance, and Kotak Mahindra Life Insurance, along with shares for equity mutual fund schemes such as ICICI Prudential Smallcap Fund and Kotak Multicap Fund.

The IPO will run until July 27, 2026, and is structured entirely as an offer for sale of up to 2,59,31,407 equity shares by promoters and other selling shareholders, with the shares proposed to list on the NSE and BSE.

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