Company raised ₹492 crore from anchor investors on Wednesday

Lohia Corp has fixed the price band for its Rs 1,101.28 crore IPO at Rs 404–425 per share. The issue opens for subscription on July 23, with anchor bidding on July 22, and closes…

Lohia Corp's ₹1,102 crore IPO opens July 23 at ₹404-425 per share, entirely an OFS by existing shareholders.

Company raised ₹492 crore from anchor investors on Wednesday

Lohia Corp's IPO sees low demand on day one, with a subscription rate of just 0.39x, raising concerns among analysts.

Lohia Corp plans an offer for sale to raise funds. The company's revenue grew significantly while its net profit surged. Its order book expanded substantially after strong…