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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Lohia Corp Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹425
Per ShareLot Size
35 Shares
Minimum Investment
₹14,875
Issue Size
₹1,101.29 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
89.04%
Promoter Holding (Post-Issue)
68.66%
Issue Type
Book Building
ISIN
INE0QJW01029
We are 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) In 2024, we ranked among the top global players by revenue, with a 15.4% share of the global woven Raffia machinery market by value. We are a market leader in the domestic woven Raffia machines market, with a dominant market share of 40.7% by value in Fiscal 2025. As of March 31, 2026, our manufacturing facilities had an installed capacity to produce 240 tapelines, 13,800 circular looms and 108,000 tape winders annually. We manufacture a comprehensive and diverse suite of machinery such as tape extrusion lines, circular loom, coating and lamination lines, printing machines, conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines and recycling machines, amongst others, as well as spare parts. We provide end-to-end solutions for the entire ecosystem of woven fabric, offering services from `concept to commissioning', throughout the complete production lifecycle required for the Raffia industry. We manufacture winders and rewinders for high performance fibres and we have also ventured into extrusion lines to produce technical monofilaments with diversified applications such as textiles, agriculture and sports.
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 25,931,407 equity shares of face value of Re. 1 each ("Equity Shares") of Lohia Corp Limited (formerly known as Kanpur Packaging Machines Limited) ("the Company" or "the Company") for cash at a price of Rs. 425 per equity share ("Offer Price") aggregating to Rs. 1101.29 Crores (the "Offer") comprising an offer for sale of 25,931,407 equity shares aggregating to Rs. 1101.29 Crores (the "Offered Shares"), including 16,728,500 equity shares aggregating to Rs. 710.34 Crores by Raj Kumar Lohia, 2,217,500 equity shares aggregating to Rs. 94.16 Crores by Gaurav Lohia, 920,187 equity shares aggregating to Rs. 39.07 Crores by Amit Kumar Lohia (collectively with Raj Kumar Lohia and Gaurav Lohia, the "Promoter Selling Shareholders"), 1,671,250 equity shares aggregating to Rs. 70.97 Crores by Ritu Lohia ("Promoter Group Selling Shareholder"), 2,171,460 equity shares aggregating to Rs. 92.29 Crores by Alok Kumar Lohia, 1,137,610 equity shares aggregating to Rs. 48.35 Crores by Anurag Lohia and 1,084,900 equity shares aggregating to Rs. 46.11 Crores by Anuja Lohia (collectively with Alok Kumar Lohia and Anurag Lohia, the "Other Selling Shareholders") (collectively with promoter selling shareholders, promoter group selling shareholder, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer For Sale"). The offer includes a reservation of 200,000 equity shares of face value of Re. 1/- each, aggregating to Rs. 7.7 Crores (constituting up to 0.19% of the post-offer paid up equity share capital), for subscription by eligible employees (as defined hereinafter)("Employee Reservation Portion"). The company, in consultation with the brlms, may offer a discount of Rs. 40 per equity share to eligible employees who have bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 24.54% and 24.36% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 425 per equity share of face value of Rs. 1 each. The floor price is is 425 times the face value of the equity shares. Bids can be made for a minimum of 35 equity shares of face value of Rs. 1 each and in multiples of 35 equity shares of face value of Rs. 1 each thereafter. A discount of Rs. 40 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The global market for woven Raffia machines was estimated to be US$ 1,008 million in 2024, and is expected to reach US$ 1,369 million in 2030, at a CAGR of 5.2%. Increasing investments across global infrastructure projects (cement, construction) and increasing usage of Raffia bags across different user segments (food grains, chemicals, fertilizers, agriculture) is expected to support the machinery market growth from 2025 to 2030. The Indian market for woven Raffia machines amounted to US$ 150.0 million in Fiscal 2025 and is expected to reach US$ 242.0 million in Fiscal 2030, at a CAGR of 10.0%.
Our Company was incorporated as "Kanpur Packaging Machines Limited", a company limited by shares, under the Companies Act, pursuant to a certificate of incorporation dated June 5, 2023, issued by the Registrar of Companies, Central Registration Center. Lohia Trade Services Limited (erstwhile Lohia Corp Limited) ("LTSL" or the "Demerged Company"), along with our Company had filed a joint petition for the sanction of the scheme of arrangement among our Company, the Demerged Company and their respective shareholders and creditors, pursuant to which the Demerged Company's Core Undertaking was demerged and vested into our Company (such demerger scheme, the "Scheme of Arrangement"). The Scheme of Arrangement was approved by the National Company Law Tribunal, Allahabad Bench at Prayagraj (the "NCLT") through its order dated April 16, 2024, with the appointed date of the Scheme being April 1, 2024 (the "Appointed Date"). The NCLT order sanctioning the Scheme of Arrangement was filed with the Registrar of Companies, Uttar Pradesh, at Kanpur on May 1, 2024, being the effective date of the Scheme of Arrangement (the "Effective Date"). Pursuant to the Scheme of Arrangement, the name of our Company was changed from Kanpur Packaging Machines Limited to Lohia Corp Limited and a certificate of incorporation pursuant to change of name dated June 6, 2024, was issued by the Registrar of Companies, Central Processing Center.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.
*Subject to approvals and market conditions.