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Industrial Manufacturing
Lohia Corp Limited IPO
₹1101 Cr · Offer for Sale (OFS) · Industrial Manufacturing
Price Band
₹404 – ₹425
Lot: 35 shares (₹14,875)
GMP (Grey Market)
₹14 (+3.29%)
Est. listing ₹439
Issue Size
₹1101 Cr
Offer for Sale (OFS)
Market Cap
₹4490.13 Cr
At upper band
P/E Ratio
23.2x
P/S: 2.6x
Listing Date
30 Jul 2026
BSE & NSE
IPO Timeline
✓
Opens
23 Jul 2026
✓
Closes
27 Jul 2026
📋
Allotment
28 Jul 2026
₹
Refund
29 Jul 2026
📈
Listing
30 Jul 2026
IPO India Hub Recommendation: Subscribe
We recommend subscribing to the issue. The company’s strong revenue base and steady profit generation support the offer, but investors should watch raw material price volatility.
Our Analysis — Key Points
✓ Strength
Strong revenue base drives growth consistently
The company generated revenue of about ₹1,717 crore in the last financial year, indicating a solid top line. Revenue growth has been driven by its presence in multiple industrial segments, which helps smooth cyclical swings.
✓ Strength
Diversified product mix supports margins well
Net profit of ₹193 crore shows the business can convert sales into earnings. Consistent profitability gives the firm room to fund expansion without heavy reliance on external financing.
⚠ Risk
Exposure to raw material price volatility
The company’s cost structure is sensitive to fluctuations in raw material prices such as steel and aluminium. A sustained increase in input costs could compress margins and pressure earnings.
$ Valuation
Valuation appears reasonable on earnings multiple
At the upper price band the implied P/E is about 23.2 times, while the P/S stands near 2.6 times, both in line with peers in the industrial manufacturing space. With a market capitalisation of roughly ₹4,490 crore, the pricing seems neither overly cheap nor excessively dear.
Top Analyst Reviews
| Analyst / Firm | Rating | Known For | Review |
|---|---|---|---|
| IPO India Hub Our independent review |
Original analysis based on DRHP & public financials | This page | |
| Dilip Davda Chittorgarh.com |
India's most followed independent IPO analyst | Search on Chittorgarh → | |
| Capital Market (CM Rating) CapitalMarket.com |
Widely-cited "New Issue Monitor" reports | Search on CapitalMarket → | |
| ICICI Securities ICICIdirect Research |
SEBI-registered broker research desk | Visit ICICIdirect → | |
| IPO Guru Analyst Leaderboard ipoguru.in |
Ranks 49 analysts by real IPO outcome accuracy | View leaderboard → |
External links go to each platform's IPO section — search for "Lohia Corp Limited" to find the specific review. IPO India Hub does not represent the accuracy of third-party ratings.
Company Snapshot
Revenue
₹1716.99 Cr
Net Profit
₹193.45 Cr
Industry
Industrial Manufacturing
Issue Type
Offer for Sale (OFS)
Promoters
RAJ KUMAR LOHIA, GAURAV LOHIA AND AMIT KUMAR LOHIA
Lead Managers
Equirus Capital & Motilal Oswal Investment Advisors
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