coin-img-ETHETH-2.20%coin-img-BTCBTC-1.03%coin-img-SOLSOL-1.75%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.32%coin-img-FLYAIFLYAI-75.07%coin-img-HYPEHYPE-1.72%coin-img-DOGEDOGE-4.21%coin-img-ETHETH-2.20%coin-img-BTCBTC-1.03%coin-img-SOLSOL-1.75%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.32%coin-img-FLYAIFLYAI-75.07%coin-img-HYPEHYPE-1.72%coin-img-DOGEDOGE-4.21%coin-img-ETHETH-2.20%coin-img-BTCBTC-1.03%coin-img-SOLSOL-1.75%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.32%coin-img-FLYAIFLYAI-75.07%coin-img-HYPEHYPE-1.72%coin-img-DOGEDOGE-4.21%coin-img-ETHETH-2.20%coin-img-BTCBTC-1.03%coin-img-SOLSOL-1.75%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-2.32%coin-img-FLYAIFLYAI-75.07%coin-img-HYPEHYPE-1.72%coin-img-DOGEDOGE-4.21%
user-avatar
The Hindu Business Line

Lohia Corp’s ₹1,102crore IPO opens July 23 with ₹404425 price band

AI Market Summary
Lohia Corp's ₹1,102 crore IPO opened with a ₹404–425 band and strong anchor demand (₹492 crore), but it is entirely an offer-for-sale, implying no fresh capital inflow to the company. The deal highlights active Indian primary-market risk appetite while leaving fundamentals unchanged near term. Broker commentary flags full pricing versus peers alongside strong FY26 growth and margins, limiting broad market spillover.
Impact level
● Low
Affected assets
NCSINIFTY52USD/USDT-0.14%
AI Insight · NCSINIFTY52USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Industrial machinery maker Lohia Corp launched its IPO on July 23, 2026, raising ₹1102 billion at a price band of ₹404–425 per share. The offer is entirely an offer-for-sale, meaning the company will not receive any proceeds. The issue includes allocations for QIBs, NIIs and retail investors, with anchor investors subscribing ₹492 billion. Lohia Corp reported FY26 revenue of ₹1717 billion and net profit of ₹193.45 billion, and the shares are set to list on BSE and NSE on July 30.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stocks

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.