Reaches a High of Rs 508.65 on NSE
FinTech BizNews Service
Mumbai, July 30, 2026: Shares of Kanpur-based Lohia Corp Limited, which is among the leading global manufacturers of machinery and equipment for technical textiles, listed at Rs 461 on the exchange, a premium of 8.5% to IPO price.
The scrip reached a high of Rs 508.65 on the NSE, and Rs 508.5 on the BSE.
The scrip closed at Rs 494.65 on the BSE, a premium of 16.4% to the IPO price.
The Market Capitalisation of the Company at today’s closing price stood at Rs 5,226 crore as per BSE, and Rs 5,211.7 crore as per NSE.
The company had offered a nearly Rs 1,102 crore issue for subscription from Thursday, July 23, 2026, to Monday, July 27, 2026.
The issue received bids of 11,17,29,660 equity shares against the offered 1,43,52,274 equity shares, according to data available on the stock exchanges.
The Initial Public Offering of Lohia Corp Limited was subscribed 7.26 times on the final day of bidding.
Retail Portion and Non-institutional portion were subscribed 2.78 times and 6.82 times respectively. Qualified Institutional Buyers (QIB) portion was subscribed 9.11 times whereas the employee reserved portion was subscribed 1.39 times.
