Lohia Corp’s upcoming Rs. 1,101 crore IPO has generated significant interest among investors ahead of its opening. The company is a global manufacturer of machinery used in technical textiles and packaging industries, with exports forming a major portion of its revenue.
Market participants believe the issue could receive healthy institutional participation due to the company’s established market position and international presence. Analysts, however, continue advising investors to evaluate valuations alongside long-term growth prospects before investing.
