Mumbai : Lohia Corp Limited (formerly known as Kanpur Packaging Machines Limited) has fixed the price band of Rs 404/- to Rs 425/- per Equity Share of face value Re 1/- each for its Initial Public Offering.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, July 23, 2026, for subscription and close on Monday, July 27, 2026.
Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
The issued, subscribed and paid-up Equity share capital of our Company is 105,650,000 divided into 105,650,000 Equity Shares of face value of Re 1 each
Equity Shares outstanding as on date is 105,650,000 Equity Shares of Re 1 each
The Offer, with a face value of Re 1, consists of an Offer for Sale of up to 25,931,407 Equity Shares by promoters – Raj Kumar Lohia, Amit Kumar Lohia, Gaurav Lohia and a member of the promoter group – Ritu Lohia and Other selling shareholders – Alok Kumar Lohia, Anurag Lohia and Anuja Lohia as informed to our newsman sachin murdeshwar. The management team present at the IPO announcement were Mr. Anupam Agarwal, CFO, Mr. Raj Kumar Lohia, CMD & Mr. Gaurav Lohia, Whole-time Director of Lohia Corp Limited’s at the Price band announcement, Mumbai.
The Offer is being made through the book-building process, wherein not less than 75% of the net Offer is allocated to qualified institutional buyers, and, not more than 15% and 10% of the net Offer is assigned to non-institutional bidders and retail individual bidders respectively.
Incorporated in 2023, the company is among the leading global manufacturers of machinery and equipment for technical textiles in terms of revenue in 2024, with a strong focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (Raffia) (Source: F&S Report, page 193).
Its revenue from operations was Rs 17,169.95 million during FY26 as compared to Rs 13,768.72 million a year earlier. Its net profit was Rs 1,934.52 million during FY26 as against Rs 1,178.41 million a year earlier.
Equirus Capital Limited (formerly known as Equirus Capital Private Limited) and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar of the Offer.
The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.