Lohia Corp Limited, one of the world's leading manufacturers of machinery and equipment for technical textiles, has launched its Initial Public Offering (IPO), marking a significant milestone for India's plastics and technical textile machinery sector. The company is widely recognized for its innovative solutions in the production of polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks (Raffia), serving customers across domestic and international markets.
Lohia Corp is the market leader in India's woven Raffia machinery segment, commanding a 40.7% market share by value in FY2025. On the global stage, the company ranked among the leading manufacturers in 2024, holding a 15.4% share of the worldwide woven Raffia machinery market by revenue.
The company operates a state-of-the-art manufacturing infrastructure with extensive backward integration and an in-house training center to support product development and customer service. As of March 31, 2026, Lohia Corp had an annual installed manufacturing capacity of 240 tapelines, 13,800 circular looms, and 108,000 tape winders. Its strong emphasis on innovation is reflected in its intellectual property portfolio, which includes 71 patents in India, 56 international patents, and eight design registrations in India.
Financially, the company has demonstrated robust performance in FY2026, reporting revenue of approximately ?1,717 crore, EBITDA of ?339 crore with a margin of 19.5%, and a net profit of ?193 crore, translating into a PAT margin of 11.1%. The company also reported an impressive Return on Equity (ROE) of 36.8% and Return on Capital Employed (ROCE) of 40.9%. Additionally, Lohia Corp maintained a healthy order book of approximately ?1,359 crore as of March 31, 2026, indicating strong business visibility.
The IPO comprises an issue size of approximately ?1,101 crore and is priced in the range of ?404 to ?425 per equity share, with a lot size of 35 shares. At the upper end of the price band, the company is expected to command an implied market capitalization of around ?4,490 crore. The issue is being managed by Motilal Oswal Investment Advisors Limited and Equirus Capital Limited as the Book Running Lead Managers (BRLMs).
The IPO opened for public subscription on July 23, 2026, and closed on July 27, 2026. The listing is expected to further strengthen Lohia Corp's position as a global leader in woven Raffia machinery while enhancing its ability to pursue future growth opportunities through continued innovation and expansion.
Previous PressRelease
Next PressRelease
28-Jul-26 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}