India’s technical textiles industry is experiencing rapid growth, driven by rising demand across packaging, agriculture, infrastructure, and industrial applications. Government initiatives such as the National Technical Textiles Mission (NTTM), increasing global adoption of sustainable packaging solutions, and growing exports are creating significant opportunities for manufacturers of advanced textile machinery. As industries continue to shift towards automation and high-performance woven fabric solutions, companies with innovative technologies and global manufacturing capabilities are well-positioned to benefit from this long-term growth.
Against this backdrop, Lohia Corp Limited is set to open its IPO on July 23, 2026. Here is a detailed insight into Lohia Corp Limited, its IPO, and the industry outlook.
About Lohia Corp Ltd.
Incorporated in 2023, Lohia Corp Limited is a global manufacturer of machinery and equipment for technical textiles, particularly for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks.
The company offers a comprehensive portfolio of machinery including tape extrusion lines, circular looms, coating and lamination lines, printing and conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines, recycling machines, and related spare parts.
Its products cater to both packaging and non-packaging industries, with applications including cement bags, fertilizer bags, food grain sacks, shopping bags, FIBCs (Flexible Intermediate Bulk Containers), container liners, tarpaulins, geotextiles, carpet backing, ropes, twines, and ground covers.
As of March 31, 2026, the company had an installed manufacturing capacity of 240 tape extrusion lines, 13,800 circular looms, and 108,000 winders annually.
Lohia Corp has established a strong global footprint with international offices in Brazil, Russia, Thailand, the UAE, and the USA, warehouses in India, the USA, and the UAE, and stockists across eight countries.
The company has sold over 2,447 tape extrusion lines, 502,940 winders, and 101,452 circular weaving looms worldwide. It also possesses a strong intellectual property portfolio comprising 54 trademarks, 127 patents across India and overseas, and eight registered designs, with several additional applications pending.
As of March 31, 2026, the company employed 2,010 permanent employees.
Lohia Corp Ltd. IPO Details
The IPO is entirely an Offer for Sale (OFS), meaning the company will not receive any proceeds from the issue. The proceeds will be received by the existing selling shareholders.
The issue also includes a reservation of 2,00,000 equity shares for eligible employees, who will receive a discount of ₹40 per share on the issue price.
Important IPO Timeline
| Particulars | Details |
|---|---|
| IPO Open Date | July 23, 2026 |
| IPO Close Date | July 27, 2026 |
| Allotment Date (Tentative) | July 28, 2026 |
| Initiation of Refunds | July 29, 2026 |
| Credit of Shares to Demat | July 29, 2026 |
| Listing Date (Tentative) | July 30, 2026 |
Key IPO Details
Here is the table on the Lohia Corp IPO Review:
| Particulars | Details |
| Face Value | ₹1 per share |
| Price Band | ₹404 to ₹425 per share |
| Lot Size | 35 Shares |
| Total Issue Size | 2,59,31,407 shares (aggregating up to ₹1,101.28 Crore) |
| Offer for Sale | 2,59,31,407 shares (aggregating up to ₹1,101.28 Crore) |
| Issue Type | Bookbuilding IPO |
| Sale Type | Offer for Sale Only |
| Listing At | BSE, NSE |
| Employee Discount | ₹40 per share |
| Market Capitalisation (Pre IPO) | ₹4,490.13 Crore |
| Shareholding Pre Issue | 10,56,50,000 shares |
| Shareholding Post Issue | 10,56,50,000 shares |
| Book Running Lead Manager | Equirus Capital Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
Lot Size of Lohia Corp IPO
Here is the table of lot sizes for each category of investors:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 35 | ₹14,875 |
| Retail (Max) | 13 | 455 | ₹1,93,375 |
| S-HNI (Min) | 14 | 490 | ₹2,08,250 |
| S-HNI (Max) | 67 | 2,345 | ₹9,96,625 |
| B-HNI (Min) | 68 | 2,380 | ₹10,11,500 |
Lohia Corp Ltd. Financials
Lohia Corp has a pre-IPO market capitalisation of ₹4,490.13 crore. As of March 31, 2026, its key performance indicators showcase a Return on Equity (ROE) of 36.80% and a Return on Capital Employed (ROCE) of 40.92%. The company reported a Return on Net Worth (RoNW) of 72.95%, a Profit After Tax (PAT) Margin of 11.13%, and an EBITDA Margin of 19.53%, highlighting its strong profitability and operational efficiency.
The company also strengthened its financial position by reducing its Debt-to-Equity ratio from 0.47 to 0.23. Between FY25 and FY26, Total Income increased by 25%, while Profit After Tax (PAT) grew by 64%, reflecting robust business performance and improving margins.
Other financial details of the company include the following:
Key Company Financials
| Period Ended | 31 Mar 2026 | 31 Mar 2025 |
| Assets | ₹1,304.66 Cr | ₹967.60 Cr |
| Total Income | ₹1,737.87 Cr | ₹1,386.47 Cr |
| Profit After Tax | ₹193.45 Cr | ₹117.84 Cr |
| EBITDA | ₹339.45 Cr | ₹228.60 Cr |
| Reserves & Surplus | ₹519.16 Cr | ₹358.14 Cr |
| Total Borrowing | ₹152.78 Cr | ₹212.16 Cr |
Lohia Corp Ltd.: Industry Outlook
- The global technical textiles industry continues to expand, driven by increasing demand for woven packaging products, industrial fabrics, geotextiles, and flexible bulk containers.
- Government initiatives such as the National Technical Textiles Mission (NTTM) are encouraging domestic manufacturing, innovation, and exports of technical textile products.
- Rising industrialisation, infrastructure development, and sustainable packaging trends are increasing investments in advanced woven raffia machinery worldwide.
- Automation, energy-efficient manufacturing, and high-performance machinery are becoming key differentiators for textile equipment manufacturers.
- Lohia Corp’s leadership in woven raffia machinery, diversified product portfolio, global customer relationships, strong intellectual property portfolio, and advanced manufacturing infrastructure position the company well to benefit from the long-term growth of the technical textiles industry.
Conclusion
Lohia Corp Limited presents an attractive investment opportunity as one of the leading global manufacturers of machinery for the technical textiles industry. The company has built a strong international presence through its diversified product portfolio, advanced manufacturing capabilities, extensive intellectual property portfolio, and long-standing relationships with customers across multiple geographies.
Its healthy financial performance, improving profitability, strong operating margins, and leadership position within the woven raffia machinery segment provide a solid foundation for future growth. However, investors should also consider factors such as global economic conditions, capital expenditure cycles within the textile industry, foreign exchange fluctuations, and competitive pressures before making an investment decision.
As with any IPO, investors should carefully evaluate the company’s fundamentals, valuation, and their own investment objectives before investing.