Mumbai, July 28 -- The initial public offer of Lohia Corp received bids for 10,40,88,180 shares as against 1,43,52,274 shares on offer. The issue was subscribed to 7.25 times.

The qualified institutional buyers' (QIBs) portion was subscribed 9.11 times, the non-institutional investors (NII) category was subscribed 6.82 times and the retail individual investors category was subscribed 2.77 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 offer 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 ...