New Delhi, July 27 -- The Lohia Corp IPO opened for subscription on Thursday, 23 July, and will close on Monday, 27 July. The company has fixed the Lohia Corp IPO price band at Rs.404 to Rs.425 per equity share of face value Re 1, while the Lohia Corp IPO lot size has been set at 35 equity shares and in multiples of 35 shares thereafter.

Ahead of the public issue, Lohia Corp raised Rs.492 crore from anchor investors, indicating robust participation from institutional investors.

Under the issue structure, up to 75% of the net offer has been reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 10% for Retail Individual Investors (RIIs).

According to the tentative ...