Mumbai, Maharashtra, 21st of July, 2026 : Lohia Corp Limited (formerly Kanpur Packaging Machines Limited), a leading manufacturer of machinery and equipment for the technical textiles industry, will open its ₹3,547 crore public issue for subscription on July 23, 2026. The company has fixed the price band at ₹404 to ₹425 per equity share of face value ₹1. The issue will remain open until July 27, 2026. Investors can bid for a minimum of 35 equity shares and in multiples of 35 shares thereafter.
The issue is entirely an Offer for Sale (OFS), under which the promoters and other existing shareholders will divest more than 25.9 million equity shares. Under the book-building process, 75% of the net offer has been reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Individual Investors (RIIs).
Lohia Corp is among the world’s leading manufacturers of machinery for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and raffia bags. For the financial year 2025-26, the company reported operating revenue of ₹17,169.95 million and net profit of ₹1,934.52 million.
Equirus Capital Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers to the issue. The company’s equity shares are proposed to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
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