Lohia Corp Ltd IPO

Status: Closed

Overview

IPO date

23 Jul 2026 to 27 Jul 2026

Face value

₹ 1 per share

Price

₹ 404 to ₹425 per share

Issue Size

25,931,407 shares
(aggregating up to ₹ 1102.08 Cr)

Allotment Date

28 Jul 2026

Listing at

NSE

Issue type

Book Building

Sector

Engineering

Initial public offer of up to 25,931,407 equity shares of face value of Re. 1/- each ("Equity Shares") of Lohia Corp Limited (formerly known as Kanpur Packaging Machines Limited) ("the Company" or "the Company") for cash at a price of Rs. 425 per equity share ("Offer Price") aggregating up to Rs. 1102.08 Crores (the "Offer") comprising an offer for sale of up to 25,931,407 equity shares aggregating up to Rs. 1102.08 Crores (the "Offered Shares"), including up to 16,728,500 equity shares aggregating up to Rs. 710.96 Crores by Raj Kumar Lohia, 2,217,500 equity shares aggregating up to Rs. 94.24 Crores by Gaurav Lohia, 920,187 equity shares aggregating up to Rs. 39.11 Crores by Amit Kumar Lohia (collectively with Raj Kumar Lohia and Gaurav Lohia, the "Promoter Selling Shareholders"), 1,671,250 equity shares aggregating up to Rs. 71.03 Crores by Ritu Lohia ("Promoter Group Selling Shareholder"), 2,171,460 equity shares aggregating up to Rs. 92.29 Crores by Alok Kumar Lohia, 1,137,610 equity shares aggregating up to Rs. 48.35 Crores by Anurag Lohia and 1,084,900 equity shares aggregating up to Rs. 46.11 Crores by Anuja Lohia (collectively with Alok Kumar Lohia and Anurag Lohia, the "Other Selling Shareholders") (collectively with promoter selling shareholders, promoter group selling shareholder, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer For Sale"). The offer includes a reservation of up to 200,000 equity shares of face value of Re. 1/- each, aggregating up to Rs. 8.5 Crores (constituting up to 0.19% of the post-offer paidup equity share capital), for subscription by eligible employees ("employee reservation portion"). The company, in consultation with the brlms, may offer a discount of up to [*]% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 24.54% and 24.36% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 425 per equity share of face value of Rs. 1 each. The floor price is is 425 times the face value of the equity shares. Bids can be made for a minimum of 35 equity shares of face value of Rs. 1 each and in multiples of 35 equity shares of face value of Rs. 1 each thereafter. A discount of Rs. 40 per equity share is being offered to eligible employees bidding in the employee reservation portion.

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Strengths vs Risks of Lohia Corp Ltd

Know the pros & cons

Strengths

Market leader in India and among the leading manufacturers globally of woven raffia machinery in a growing market.
Diverse product portfolio, offering end-to-end solutions for the woven plastic ecosystem.
Long-standing relationships with a diverse, global customer base through an extensive global sales and distribution network.
Advanced manufacturing infrastructure with comprehensive backward integration, supported by an in-house training centre
Technology-driven operations with a strong focus on innovation-led research and development, leading to products that cater to dynamic market requirements.

Risks

The company is heavily dependent on the performance of the woven raffia machines market. Its derived 88.16%, 87.28% (based on the Restated Financial Information) and 85.68% (based on the company's Special Purpose Combined and Carveout Financial Statements) of its revenue from operations in Fiscals 2026, 2025 and 2024, respectively, from woven raffia machines. The woven raffia machines market depends on the growth of end-use industries such as agrotextiles, building-textiles, geo-textiles and packing-textiles. Any slowdown in these end-use industries or any other adverse changes in the conditions affecting the woven raffia machines market can adversely impact its business, results of operations, financial condition and cash flows.
Significant increases or fluctuations in prices of, or shortages of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines which may have an adverse effect on its business, results of operations, financial condition and cash flows.
The company sources a significant portion of its raw materials, parts and components, from overseas suppliers. Events such as restrictions on import of raw materials, or changes in tariffs and tax rates, may adversely affect the company's business, results of operations, financial condition and cash flows.
The company's Special Purpose Combined and Carve-Out Financial Statements and other combined and carve out operational data may not be representative of its results as an independent company.
The company relies on the continued operations of its manufacturing facilities and any slowdown, shutdown or disruption in the company's manufacturing facilities may be caused by natural and other disasters causing unforeseen damages which may lead to disruptions in the company's business and operations, which in turn could have an adverse effect on its business, results of operations, financial condition and cash flows.
The Indian and global woven raffia machines market faces challenges such as environmental regulations, high capital costs for advanced machinery and competition. The company cannot assure you that the demand for its products will continue to grow in the faces of these challenges, or that its will be able to successfully navigate such challenges.
The company has experienced negative cash flows from operating activities in the past. Any negative cash flows from operating activities in the future could adversely affect the results of operations and financial condition.
Certain companies, which became the company's Subsidiaries pursuant to the Scheme, have incurred losses in the three preceding Fiscals. Further, the Company incurred loss amounting to Rs. 0.09 million in Fiscal 2024, when it does not has any income, on account of legal and professional charges and miscellaneous expenses. The Company and its Subsidiaries may incur losses in future.
The company has in the past entered into related party transactions and may continue to does so in the future.
The company is exposed to foreign currency fluctuation risks, particularly in relation to import of raw materials and export of products, which may adversely affect its results of operations, financial condition and cash flows.
The company's inability to handle risks associated with its export sales and the company's international operations, including the imposition of tariffs or other anti-outsourcing legislation, could negatively affect its sales to customers in foreign countries, as well as the company's operations and assets in such countries.
Under-utilization of the company's manufacturing capacity and an inability to effectively utilize its manufacturing, developmental and support services infrastructure could have an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company faces significant competitive pressures in its industry. The company's inability to compete effectively would be detrimental to its business and prospects for future growth.
Information relating to the company's production capacities and the historical capacity utilization of its manufacturing facilities included in this Red Herring Prospectus is based on various assumptions and estimates and future production and capacity utilization may vary.
The company is expected to comply with quality requirements imposed by its customers and any product defect issues or failures by the company or its raw material suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or warranty and exposure to potential product liability and other customer claims which in turn could adversely affect the company's business, results of operations, financial condition and cash flows.
Failures to maintain or improve the company's product offerings and technology infrastructure could harm its business, results of operations, financial condition and cash flows.
Activities involving the company's manufacturing and assembly process can be dangerous and can cause injury to people or property in certain circumstances. Further, its may be required to work with hazardous materials and such activities in the company's operation can be dangerous, which could cause injuries to people or property. A significant disruption at any of its manufacturing facilities may adversely affect the company's production schedules, costs, sales and ability to meet customer demand.
The company has incurred indebtedness and is required to comply with certain restrictive covenants under its financing agreements. Any non-compliance may lead to, amongst others, accelerated repayment schedule, enforcement of security and suspension of further drawdowns, which may adversely affect the company's business, results of operations, financial condition and cash flows.
Orders in the company's order book may be delayed, truncated, modified, or cancelled, and may not translate into confirmed orders, which may have an adverse effect on its business, results of operation, financial condition and cash flows.
Certain of the company's manufacturing facilities, service centers, offices are located on leased premises.
The company's past performance may not be indicative of its future growth. If the company is unable to sustain or manage its growth or implement the company's strategies, its business, results of operations, financial condition and cash flows may be adversely affected.
The company's business is manpower intensive. Its business may be adversely affected by work stoppages, increased wages demands by the company's employees, or increase in minimum wages across various states, inability to attract or train skilled personnel and if the company is unable to engage new employees at commercially attractive terms.
The company appoints contract labour for carrying out certain of its ancillary operations and the company may be held responsible for paying the wages of such workers, if the independent contractors through whom such workers are hired default on their obligations, and such obligations could have an adverse effect on the company's results of operations, cash flows and financial condition.
Failures to provide adequate spare parts and services for machinery may adversely affect customer goodwill, its results of operations, financial condition and cash flows.
The company's Promoters, Directors and Group Companies may have interests in certain companies, which could be in businesses similar to the company or its Subsidiaries and this may result in potential conflict of interest with the company or its Subsidiaries.
The company's Joint Statutory Auditors has referred to an emphasis of matters in their examination report on the restated financial information as at and for the year ended March 31, 2025.
The company's Joint Auditors has included other audit qualification in the annexure to the auditor's reports issued under the Companies (Auditor's Report) Order, 2020 ("CARO") on the consolidated financial statements for the year ended March 31, 2026 and March 31, 2025.
The company's failure to keep its technical knowledge confidential could erode the company's competitive advantage.
The company is subject to various laws, regulations, approvals and licenses required in the ordinary course of business, including environmental, health and safety laws and other regulations. Any failures to obtain or retain them in a timely manner may adversely affect the company's operations.
The company exports its products to various countries, on account of which the company may be subject to significant import duties or restrictions. Further, unavailability of fiscal benefits enjoyed by its or the company's inability to comply with related requirements may have an adverse effect on its business, results of operations, financial condition and cash flows.
If the company fails to manage mergers, acquisitions, divestitures, and other transactions successfully, its financial results, business, and future prospects could be harmed.
The company's ability to access capital depends on its credit ratings. The non-availability or downgrade of the company's credit ratings could restrict its access to capital and adversely affect the company's business, results of operations, financial condition and cash flows.
The company's insurance coverage may not be adequate to protect its against all potential losses, which may have an adverse effect on the company's business, results of operations, financial condition and cash flows.
If the company fails to protect, or incur significant costs in defending, its intellectual property and other proprietary rights, the company's business, results of operations, financial condition and cash flows could be adversely affected.
If the company is unable to accurately forecast customer demand for its products, the company may not be able to maintain optimum inventory levels resulting in additional strain on the company's resources.
Improper storage, processing and handling of materials and products may cause damage to the company's inventory leading to an adverse effect on its business, results of operations, financial condition and cash flows.
The company may be exposed to counterparty credit risk in certain cases and any delay in receiving payments or non-receipt of payments may adversely impact its results of operations.
The company's business could be negatively affected by cyber or other security threats or other disruptions.
If the company is unable to maintain and enhance its brand, the sales of the company's products will suffer, which would have an adverse effect on the company's results of operations, financial condition and cash flows.
The Company's Promoters, Directors, Key Managerial Personnel and Senior Management is involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may have an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company is dependent on a number of key personnel, including its Promoters, Board of Directors, Key Managerial Personnel and members of Senior Management, and the loss of, or the company's inability to hire, retain, train, and motivate qualified personnel could adversely affect its business, results of operations, financial condition and cash flows.
The company's reliance on third parties for certain aspects of its business, including raw material suppliers, transporters of the company's raw materials and products and logistic / warehouse service providers, exposes its to certain risks.
Pricing pressure from customers may affect the company's margins, profitability and ability to increase its prices, which in turn may materially adversely affect the company's business, results of operations, financial condition and cash flows.
The company's operating and financial performance may be harmed as a consequence of breaches of its contractual commitments.
The company's information and reporting systems need to be monitored and updated periodically. Failures to utilize its information and reporting systems or undertake periodic checks and upgrades may adversely affect the company's results of operations, financial condition and cash flows.
The company's manufacturing facilities is dependent on adequate and uninterrupted supplies of electricity, water and fuel; shortage or disruption in electricity, water or fuel supplies may lead to disruption in operations, higher operating cost and consequent decline in operating margins.
The company has received certain benefits under government schemes in the past. Its may not be able to fulfil the company's obligations under such schemes, and there can be no assurance that such schemes will be recurring in future, which in turn may increase its expenses and impact the company's profitability.
The company has limited experience in certain of the businesses its propose to enter into, such as the company's entry into recycling machines for plastic waste and the market for machines for post-consumer recycling for non-food grades. This makes it difficult to assess the company's future growth prospects. Failures to grow these businesses successfully may adversely affect its business, results of operations, financial condition and cash flows.
The company has commissioned an industry report from Frost & Sullivan (India) Private Limited, which has been used for industry related data in this Red Herring Prospectus.
Some of the company's Directors is not on the boards of listed companies. Such directors may not have adequate experience to address complexities associated with listed companies, which could have an adverse effect on the company's business, results of operations, financial condition and cash flows.
If the company experiences insufficient cash flows to fund its working capital requirements or if the company is not able to provide collateral to obtain letters of credit and bank guarantees in sufficient quantities, there may be an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company will continue to be controlled by its Promoters and certain members of the Promoter Group after the completion of the Offer.
The Company will not receive any proceeds from the Offer.
The company's Promoters, certain of its Directors and Key Managerial Personnel may have interests other than reimbursement of expenses incurred and normal remuneration or benefits.
Fraud, theft, employee negligence or similar incidents may adversely affect the company's results of operations and financial condition.
If the company fails to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report the company's financial risks.
As of March 31, 2026, the company has contingent liabilities which has not been provided for in the company's financial statements and could adversely affect its financial condition.
The company has had instances of delays in payments of of statutory dues by the Company and its Subsidiaries. Any delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have an adverse impact on the company's financial condition and cash flows.
The company's ability to pay dividends in the future will depends on its future cash flows, working capital requirements, capital expenditures and financial condition.
The company has in this Red Herring Prospectus included certain non-GAAP financial measures and certain other industry measures related to its operations and financial performance. These non-GAAP measures and industry measures may vary from any standard methodology that is applicable across the industry in which its operates, and therefore may not be comparable with financial or industry related statistical information of similar nomenclature computed and presented by other companies.

Lohia Corp Ltd Peer Comparison

Understand the company’s industry standing

Lohia Corp Ltd

Rajoo Engineers Limited

LMW Limited

Face Value

Standalone / Consolidated

Consolidated

Total Income Rs. Cr.

1716.995

344.253

3207.42

EPS-Basis

18.31

2.74

122.37

EPS-Diluted

18.31

2.74

122.37

NAV Per Share

49.37

19.33

2683.25

P/E-Basic EPS

---

18.27

134.25

P/E-Diluted EPS

---

RONW(%)

72.95

14.16

4.56

Latest NAV Period

---

Latest NAV

---

Journey for how to check the allotment status

How to check the allotment status of Lohia Corp Ltd IPO?

Follow the steps

Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).

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The IPO opens on 23 Jul 2026 & closes on 27 Jul 2026.

Lohia Corp Limited was initially incorporated as 'Kanpur Packaging Machines Limited', a Company Limited by Shares, dated June 5, 2023, issued by the Registrar of Companies, Central Registration Center. Pursuant to the Scheme of Arrangement, the name of Company was changed from Kanpur Packaging Machines Limited to Lohia Corp Limited and a Certificate of Incorporation dated June 6, 2024, was issued by the Registrar of Companies, Central Processing Center. Company is a manufacturer of complete range of machines required by HDPE /PP woven fabric industry for plastic woven sacks, FIBC, tarpaulins etc. It operate 4 manufacturing units of which 3 in Kanpur and 1 in Bangalore. In 1983, Company launched its first Circular Weaving Machine. In 1985, it set up a technical textile machinery parts and assembly under the name 'Precitex Component Manufacturing Company'. Later, it launched the 'Spin Draw Wind Machine' in 2004. In 2012, it started 'Technical Training and Research Centre' at Kanpur and launched the Valve Bag Converting Machine under the brand 'Valvomatic' in 2014. The Company launched block bottom valve bag converting machine model 'Blokomatic' in 2019. Pursuant to the Scheme of Arrangement between the Company and Lohia Trade Services Limited (LTSL) dated 16 April 2024, as approved by Hon'ble National Company Law Tribunal (NCLT) at Prayagraj, the Technical Textile Machinery Business of LTSL was demerged and the related investments by LTSL in its five subsidiaries along with LTSL were transferred to the Company with effect from 1 April, 2024 and the said Scheme became effective from May 1, 2024. Company is planning the initial public offer of issuing 42,259,970 Equity Shares of face value Re 1 each, through Offer for sale.

Lohia Corp Ltd IPO will close on 27 Jul 2026.

Market leader in India and among the leading manufacturers globally of woven raffia machinery in a growing market.
Diverse product portfolio, offering end-to-end solutions for the woven plastic ecosystem.
Long-standing relationships with a diverse, global customer base through an extensive global sales and distribution network.
Advanced manufacturing infrastructure with comprehensive backward integration, supported by an in-house training centre
Technology-driven operations with a strong focus on innovation-led research and development, leading to products that cater to dynamic market requirements.

S.No	Promoters Name	Pre Issue Shares	Pre Issue Percentage	Post Issue Shares	Post Issue Percentage
1	Raj Kumar Lohia	58867705	55.72	42139205	39.89
2	Gaurav Lohia	11045000	10.45	8827500	8.36
3	Amit Kumar Lohia	7157375	6.77	6237188	5.9
4	Rishab Kumar Lohia Memorial T	4201000	3.98	4201000	3.98
5	Neela Lohia	25000	0.02	25000	0.02
6	Mansi Lohia	1000000	0.95	1000000	0.95
7	Ritu Lohia	3342500	3.16	1671250	1.58
8	LTS Holdings Private Limited	7523722	7.12	7523722	7.12
9	KPR-A Holdings Private Limite	567670	0.54	567670	0.54
10	Nalini Buildcon Private Limite	360130	0.34	360130	0.34
11	RKL Holdings Private Limited	195000	0.18	195000	0.18
12	KLPR-B Holdings Private Limit	195000	0.18	195000	0.18
13	BNPR-A Holdings Private Limit	147500	0.14	147500	0.14
14	BNPR-B Holdings Private Limit	192000	0.18	192000	0.18
15	KPR-C Holdings Private Limite	100000	0.1	100000	0.09
16	Tanya Capital Private Limited	1479000	1.4	1479000	1.4
17	Shruti Finsec Private Limited	805550	0.76	805550	0.76
18	LGS Holdings Private Limited	149000	0.14	149000	0.14
19	Tanya Lohia Beneficiary Trust	1000000	0.95	1000000	0.95
20	Garima Lohia Beneficiary Trus	2667878	2.53	2667878	2.53

The company is heavily dependent on the performance of the woven raffia machines market. Its derived 88.16%, 87.28% (based on the Restated Financial Information) and 85.68% (based on the company's Special Purpose Combined and Carveout Financial Statements) of its revenue from operations in Fiscals 2026, 2025 and 2024, respectively, from woven raffia machines. The woven raffia machines market depends on the growth of end-use industries such as agrotextiles, building-textiles, geo-textiles and packing-textiles. Any slowdown in these end-use industries or any other adverse changes in the conditions affecting the woven raffia machines market can adversely impact its business, results of operations, financial condition and cash flows.
Significant increases or fluctuations in prices of, or shortages of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines which may have an adverse effect on its business, results of operations, financial condition and cash flows.
The company sources a significant portion of its raw materials, parts and components, from overseas suppliers. Events such as restrictions on import of raw materials, or changes in tariffs and tax rates, may adversely affect the company's business, results of operations, financial condition and cash flows.
The company's Special Purpose Combined and Carve-Out Financial Statements and other combined and carve out operational data may not be representative of its results as an independent company.
The company relies on the continued operations of its manufacturing facilities and any slowdown, shutdown or disruption in the company's manufacturing facilities may be caused by natural and other disasters causing unforeseen damages which may lead to disruptions in the company's business and operations, which in turn could have an adverse effect on its business, results of operations, financial condition and cash flows.
The Indian and global woven raffia machines market faces challenges such as environmental regulations, high capital costs for advanced machinery and competition. The company cannot assure you that the demand for its products will continue to grow in the faces of these challenges, or that its will be able to successfully navigate such challenges.
The company has experienced negative cash flows from operating activities in the past. Any negative cash flows from operating activities in the future could adversely affect the results of operations and financial condition.
Certain companies, which became the company's Subsidiaries pursuant to the Scheme, have incurred losses in the three preceding Fiscals. Further, the Company incurred loss amounting to Rs. 0.09 million in Fiscal 2024, when it does not has any income, on account of legal and professional charges and miscellaneous expenses. The Company and its Subsidiaries may incur losses in future.
The company has in the past entered into related party transactions and may continue to does so in the future.
The company is exposed to foreign currency fluctuation risks, particularly in relation to import of raw materials and export of products, which may adversely affect its results of operations, financial condition and cash flows.
The company's inability to handle risks associated with its export sales and the company's international operations, including the imposition of tariffs or other anti-outsourcing legislation, could negatively affect its sales to customers in foreign countries, as well as the company's operations and assets in such countries.
Under-utilization of the company's manufacturing capacity and an inability to effectively utilize its manufacturing, developmental and support services infrastructure could have an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company faces significant competitive pressures in its industry. The company's inability to compete effectively would be detrimental to its business and prospects for future growth.
Information relating to the company's production capacities and the historical capacity utilization of its manufacturing facilities included in this Red Herring Prospectus is based on various assumptions and estimates and future production and capacity utilization may vary.
The company is expected to comply with quality requirements imposed by its customers and any product defect issues or failures by the company or its raw material suppliers to comply with quality standards may lead to the cancellation of existing and future orders, recalls or warranty and exposure to potential product liability and other customer claims which in turn could adversely affect the company's business, results of operations, financial condition and cash flows.
Failures to maintain or improve the company's product offerings and technology infrastructure could harm its business, results of operations, financial condition and cash flows.
Activities involving the company's manufacturing and assembly process can be dangerous and can cause injury to people or property in certain circumstances. Further, its may be required to work with hazardous materials and such activities in the company's operation can be dangerous, which could cause injuries to people or property. A significant disruption at any of its manufacturing facilities may adversely affect the company's production schedules, costs, sales and ability to meet customer demand.
The company has incurred indebtedness and is required to comply with certain restrictive covenants under its financing agreements. Any non-compliance may lead to, amongst others, accelerated repayment schedule, enforcement of security and suspension of further drawdowns, which may adversely affect the company's business, results of operations, financial condition and cash flows.
Orders in the company's order book may be delayed, truncated, modified, or cancelled, and may not translate into confirmed orders, which may have an adverse effect on its business, results of operation, financial condition and cash flows.
Certain of the company's manufacturing facilities, service centers, offices are located on leased premises.
The company's past performance may not be indicative of its future growth. If the company is unable to sustain or manage its growth or implement the company's strategies, its business, results of operations, financial condition and cash flows may be adversely affected.
The company's business is manpower intensive. Its business may be adversely affected by work stoppages, increased wages demands by the company's employees, or increase in minimum wages across various states, inability to attract or train skilled personnel and if the company is unable to engage new employees at commercially attractive terms.
The company appoints contract labour for carrying out certain of its ancillary operations and the company may be held responsible for paying the wages of such workers, if the independent contractors through whom such workers are hired default on their obligations, and such obligations could have an adverse effect on the company's results of operations, cash flows and financial condition.
Failures to provide adequate spare parts and services for machinery may adversely affect customer goodwill, its results of operations, financial condition and cash flows.
The company's Promoters, Directors and Group Companies may have interests in certain companies, which could be in businesses similar to the company or its Subsidiaries and this may result in potential conflict of interest with the company or its Subsidiaries.
The company's Joint Statutory Auditors has referred to an emphasis of matters in their examination report on the restated financial information as at and for the year ended March 31, 2025.
The company's Joint Auditors has included other audit qualification in the annexure to the auditor's reports issued under the Companies (Auditor's Report) Order, 2020 ("CARO") on the consolidated financial statements for the year ended March 31, 2026 and March 31, 2025.
The company's failure to keep its technical knowledge confidential could erode the company's competitive advantage.
The company is subject to various laws, regulations, approvals and licenses required in the ordinary course of business, including environmental, health and safety laws and other regulations. Any failures to obtain or retain them in a timely manner may adversely affect the company's operations.
The company exports its products to various countries, on account of which the company may be subject to significant import duties or restrictions. Further, unavailability of fiscal benefits enjoyed by its or the company's inability to comply with related requirements may have an adverse effect on its business, results of operations, financial condition and cash flows.
If the company fails to manage mergers, acquisitions, divestitures, and other transactions successfully, its financial results, business, and future prospects could be harmed.
The company's ability to access capital depends on its credit ratings. The non-availability or downgrade of the company's credit ratings could restrict its access to capital and adversely affect the company's business, results of operations, financial condition and cash flows.
The company's insurance coverage may not be adequate to protect its against all potential losses, which may have an adverse effect on the company's business, results of operations, financial condition and cash flows.
If the company fails to protect, or incur significant costs in defending, its intellectual property and other proprietary rights, the company's business, results of operations, financial condition and cash flows could be adversely affected.
If the company is unable to accurately forecast customer demand for its products, the company may not be able to maintain optimum inventory levels resulting in additional strain on the company's resources.
Improper storage, processing and handling of materials and products may cause damage to the company's inventory leading to an adverse effect on its business, results of operations, financial condition and cash flows.
The company may be exposed to counterparty credit risk in certain cases and any delay in receiving payments or non-receipt of payments may adversely impact its results of operations.
The company's business could be negatively affected by cyber or other security threats or other disruptions.
If the company is unable to maintain and enhance its brand, the sales of the company's products will suffer, which would have an adverse effect on the company's results of operations, financial condition and cash flows.
The Company's Promoters, Directors, Key Managerial Personnel and Senior Management is involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may have an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company is dependent on a number of key personnel, including its Promoters, Board of Directors, Key Managerial Personnel and members of Senior Management, and the loss of, or the company's inability to hire, retain, train, and motivate qualified personnel could adversely affect its business, results of operations, financial condition and cash flows.
The company's reliance on third parties for certain aspects of its business, including raw material suppliers, transporters of the company's raw materials and products and logistic / warehouse service providers, exposes its to certain risks.
Pricing pressure from customers may affect the company's margins, profitability and ability to increase its prices, which in turn may materially adversely affect the company's business, results of operations, financial condition and cash flows.
The company's operating and financial performance may be harmed as a consequence of breaches of its contractual commitments.
The company's information and reporting systems need to be monitored and updated periodically. Failures to utilize its information and reporting systems or undertake periodic checks and upgrades may adversely affect the company's results of operations, financial condition and cash flows.
The company's manufacturing facilities is dependent on adequate and uninterrupted supplies of electricity, water and fuel; shortage or disruption in electricity, water or fuel supplies may lead to disruption in operations, higher operating cost and consequent decline in operating margins.
The company has received certain benefits under government schemes in the past. Its may not be able to fulfil the company's obligations under such schemes, and there can be no assurance that such schemes will be recurring in future, which in turn may increase its expenses and impact the company's profitability.
The company has limited experience in certain of the businesses its propose to enter into, such as the company's entry into recycling machines for plastic waste and the market for machines for post-consumer recycling for non-food grades. This makes it difficult to assess the company's future growth prospects. Failures to grow these businesses successfully may adversely affect its business, results of operations, financial condition and cash flows.
The company has commissioned an industry report from Frost & Sullivan (India) Private Limited, which has been used for industry related data in this Red Herring Prospectus.
Some of the company's Directors is not on the boards of listed companies. Such directors may not have adequate experience to address complexities associated with listed companies, which could have an adverse effect on the company's business, results of operations, financial condition and cash flows.
If the company experiences insufficient cash flows to fund its working capital requirements or if the company is not able to provide collateral to obtain letters of credit and bank guarantees in sufficient quantities, there may be an adverse effect on the company's business, results of operations, financial condition and cash flows.
The company will continue to be controlled by its Promoters and certain members of the Promoter Group after the completion of the Offer.
The Company will not receive any proceeds from the Offer.
The company's Promoters, certain of its Directors and Key Managerial Personnel may have interests other than reimbursement of expenses incurred and normal remuneration or benefits.
Fraud, theft, employee negligence or similar incidents may adversely affect the company's results of operations and financial condition.
If the company fails to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report the company's financial risks.
As of March 31, 2026, the company has contingent liabilities which has not been provided for in the company's financial statements and could adversely affect its financial condition.
The company has had instances of delays in payments of of statutory dues by the Company and its Subsidiaries. Any delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have an adverse impact on the company's financial condition and cash flows.
The company's ability to pay dividends in the future will depends on its future cash flows, working capital requirements, capital expenditures and financial condition.
The company has in this Red Herring Prospectus included certain non-GAAP financial measures and certain other industry measures related to its operations and financial performance. These non-GAAP measures and industry measures may vary from any standard methodology that is applicable across the industry in which its operates, and therefore may not be comparable with financial or industry related statistical information of similar nomenclature computed and presented by other companies.

The Issue type of Lohia Corp Ltd is Book Building.

The minimum application for shares of Lohia Corp Ltd is 35.

The total shares issue of Lohia Corp Ltd is 25931407.

Lohia Corp Ltd IPO

Objectives of Lohia Corp Ltd IPO