Lohia Corp gains on market debut
Mumbai, July 30 -- The stock debuted at Rs 460, marking a premium of 8.24% to the issue price.
So far, the stock has hit a high of Rs 488 and a low of Rs 460. On the BSE, over 6.60 lakh shares of the company were traded in the counter so far.
The initial public offer of Lohia Corp received was subscribed to 7.25 times. The issue opened for bidding on 23 July 2026 and it closed on 27 July 2026. The price band of the IPO is fixed between Rs 404 and 425 per share.
The IPO consisted entirely of an offer for sale (OFS) of 25,931,407 equity shares of face value Rs 1 each by the promoters and other selling shareholders.
Of the total OFS, 21,537,437 equity shares were sold by the promoters-Raj Kumar Lohia, Amit Kumar Lohia, Gaurav Lohia, and ...
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