Lohia Corp Limited, one of the world’s leading manufacturers of machinery for the technical textiles industry, is set to launch its much-awaited Initial Public Offering (IPO) on July 23, 2026. The company aims to raise ₹3,547 crore through the public issue, which will remain open for subscription until July 27, 2026. The IPO presents investors with an opportunity to participate in a company that has established a strong global presence in industrial machinery manufacturing.
The company has fixed the price band for the issue at ₹404 to ₹425 per equity share, with a face value of ₹1 per share. Investors can apply for a minimum of 35 equity shares, with bids accepted in multiples of 35 thereafter.
Unlike many recent IPOs, the Lohia Corp issue is entirely an Offer for Sale (OFS). This means the company itself will not receive any proceeds from the public issue. Instead, the funds raised will go to the existing promoters and shareholders, who are collectively selling over 25.9 million equity shares as part of the offering.
The IPO is being launched through the book-building process. As per market regulations, 75% of the net issue has been reserved for Qualified Institutional Buyers (QIBs), while 15% has been allocated to Non-Institutional Investors (NIIs). The remaining 10% has been reserved for Retail Individual Investors (RIIs), giving retail participants an opportunity to invest alongside institutional investors.
Formerly known as Kanpur Packaging Machines Limited, Lohia Corp has built a strong reputation in the technical textiles sector over the years. The company specialises in manufacturing advanced machinery used to produce polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and raffia bags. These products are widely used in packaging, agriculture, construction, food storage and several industrial applications.
Lohia Corp supplies its machinery to customers across multiple international markets and has become a recognised name in the global technical textile machinery industry. Its focus on innovation, engineering excellence and product quality has enabled the company to maintain a competitive position in a rapidly evolving manufacturing landscape.
The company’s financial performance reflects its strong market presence. During the financial year 2025-26, Lohia Corp reported operating revenue of ₹17,169.95 million, while net profit stood at ₹1,934.52 million. The healthy profitability highlights the company’s ability to generate consistent earnings despite changing market conditions and increasing competition.
Industry experts believe the demand for technical textile machinery is expected to remain strong, driven by growing industrialisation, expanding packaging requirements and rising global demand for sustainable and durable woven products. This provides favourable long-term growth prospects for companies operating in this segment.
Equirus Capital Limited and Motilal Oswal Investment Advisors Limited have been appointed as the Book Running Lead Managers for the public issue. Following the completion of the IPO process, the company’s equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
With a well-established business model, global customer base and consistent financial performance, the Lohia Corp IPO is likely to attract attention from institutional as well as retail investors. Market participants will closely watch subscription levels during the three-day bidding period to gauge investor sentiment towards one of the year’s significant public offerings.
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