Lohia Corp IPO
Lohia Corp Limited (LCL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 July 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +1.3% (likely range -6% to +5%), day's high +5.2%, chance of a gain 50%. Actual: +8.5% at the open, +19.7% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 77,19,423 | 7,03,57,350 | 9.11x | |
| NII (HNI) total | 38,59,711 | 2,63,38,200 | 6.82x | |
| Big NII (above ₹10 lakh) | 25,73,141 | 1,89,10,465 | 7.35x | |
| Small NII (₹2-10 lakh) | 12,86,570 | 74,27,735 | 5.77x | |
| Retail | 25,73,140 | 71,15,325 | 2.77x | |
| Employees | 2,00,000 | 2,77,305 | 1.39x | |
| Total | 1,43,52,274 | 10,40,88,180 | 7.25x |
Bids on NSE and BSE together, as published by NSE, as of 27 Jul 2026, 07:00 PM. Shares offered exclude the anchor portion. 6% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Lohia Corp's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Saatvik Green EnergySep 2025 | 10.8x | 10.0x | 2.66x | 6.57x | ₹947 Cr | 0.0% | 0.0% |
| Ajax EngineeringFeb 2025 | 14.4x | 6.47x | 1.93x | 6.45x | ₹1,269 Cr | -8.4% | -3.2% |
| Future Supply Chain SolutionsDec 2017 | 12.4x | 11.2x | 3.28x | 7.56x | ₹650 Cr | 0.0% | +5.3% |
| Go Digit General InsuranceMay 2024 | 12.6x | 7.24x | 4.27x | 9.60x | ₹2,615 Cr | +5.2% | +15.4% |
| Honasa ConsumerNov 2023 | 11.5x | 4.02x | 1.35x | 7.61x | ₹1,702 Cr | +1.9% | +5.1% |
| Sandhar TechnologiesMar 2018 | 14.5x | 6.39x | 1.42x | 6.19x | ₹515 Cr | +4.2% | +6.0% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Equirus Capital | 34 | +21.3% | 74% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
Offer documents (NSE)
Frequently asked
What is the Lohia Corp IPO price band and lot size? ₹404–425 per share, with a lot of 35 shares, so the smallest retail bid is ₹14,875.
How many times has it been subscribed? 7.25x overall: QIB 9.11x, NII 6.82x, retail 2.77x, employees 1.39x.
How did it list? It opened at ₹461, +8.5% against the issue price of ₹425, and closed its first day +16.4%.
