Lohia Corp will launch its initial public offering next week. The manufacturer of equipment for technical textiles opens bidding on July 23 and closes July 27. The issue consists solely of an offer for sale of more than 2.59 crore shares by existing promoters and shareholders, so the company receives none of the proceeds. Anchor investors may participate on July 22. Equirus Capital and Motilal Oswal Investment Advisory serve as book-running lead managers. Shares will list on BSE and NSE. Participating promoters include Raj Kumar Lohia, Gaurav Lohia, Amit Kumar Lohia and Ritu Lohia. Other sellers are Alok Kumar Lohia, Anurag Lohia and Anuja Lohia. For the year ended March 31, 2026 the firm posted net profit of 193 crore rupees, up 64 percent from 118 crore rupees the prior year. Revenue rose 25 percent to 1,717 crore rupees. Lohia Corp produces machinery for polypropylene and high-density polyethylene woven fabrics and sacks. Several other IPOs are scheduled next week.
