As global technical textile sector continues to grow, Lohia Corp is preparing to unlock significant value through its upcoming initial public offering (IPO). The Kanpur-based machinery manufacturer is set to launch its public issue on July 23, 2026, offering over 2.59 crore shares through an offer for sale (OFS). With a focus on capitalizing on the growing demand for specialized industrial fabrics, the company enters the capital markets following a period of robust fiscal growth
For fiscal year ending March 31, 2026, Lohia Corp reported a 64 per cent Y-o-Y growth in net profit, reaching Rs 193 crore, supported by a 25 per cent increase in annual revenue to Rs 1,717 crore.