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The Economic Times
The Economic Times
Business
Ritesh Presswala

Lohia Corp fixes price band for Rs 1,101 crore IPO; issue opens July 23

Lohia Corp IPO OFS

Lohia Corp has set the price band for its Rs 1,101.28 crore initial public offering (IPO) at Rs 404–425 per share. The public issue will open for subscription on July 23, while anchor investor bidding is scheduled for July 22. Investors can bid for the issue until July 27.

The IPO is entirely an Offer for Sale (OFS) of over 2.59 crore equity shares, meaning the proceeds will go to the existing shareholders and the company will not receive any funds from the issue.

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