The ₹1,101.28 crore IPO of Lohia Corp Ltd. continues to attract investors on Day 2, with a subscription rate of 0.59 times so far. The IPO closes for bidding on Jul 27, 2026.
Lohia Corp IPO Day 2 Live Subscription Updates
Retail Individual Investors (RIIs) category received 1.10x subscription while Non-Institutional Investors (NII) segment was subscribed 0.42x, and employee category subscribed 0.74x.
Small NII category saw 0.43x subscription and Big NII segment subscribed 0.41x. NIIs with bidding amount upto Rs 10 lakh are called Small NIIs while NIIs bidding above Rs 10 lakh are called Big NIIs. Qualified Institutional Buyers (QIB) quota received 0.51x subscription.
Lohia Corp IPO Issue Details
- Issue Structure: Offer for sale only
- Offer for Sale (OFS): 2.59 crore shares worth ₹1,101.28 crore
- Pricing Method: Book-Building IPO
- Price: ₹404 to ₹425 per share
- Retail Individual Investor - Minimum Investment: ₹14,875
- Non-Institutional Investor - Minimum Investment: ₹2,08,250
This offering is being managed by Equirus Capital Ltd. who is serving as the Book-Running Lead Manager for the issue, and MUFG Intime India Pvt.Ltd. is the Registrar for the issue.
