Lohia Corp Shares Climb Over 8% in Market Debut Trade
Authored By PTI | Last Modified: Jul 30, 2026 01:07 PM IST
New Delhi: Shares of industrial machinery manufacturer Lohia Corp Ltd listed with a premium of over 8 per cent against the issue price of Rs 425 on Thursday.
The company’s stock made its market debut at Rs 460, up 8.23 per cent from the issue price on the BSE.
At the NSE, the stock started trading at Rs 461, recording a jump of 8.47 per cent.
The company’s market valuation stood at Rs 5,353.29 crore.
The initial public offering (IPO) of Lohia Corp Ltd was subscribed 7.25 times on the closing day of bidding on Monday.
The Rs 1,102-crore IPO had a price band of Rs 404-425 per equity share.
The IPO was entirely an offer for sale (OFS) of up to 2.59 crore equity shares by existing shareholders.
(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)
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