The allotment process for Lohia Corp’s Rs. 1,101 crore IPO is expected to be completed today. Investors who participated in the public issue are eagerly awaiting confirmation of share allocation after the IPO attracted healthy participation across investor categories. The company, known for manufacturing technical textile machinery, has built a strong global presence with exports to numerous international markets.
According to market estimates, the grey market premium points towards modest listing gains, although market experts advise investors not to rely solely on unofficial GMP trends. Instead, they recommend evaluating the company’s business fundamentals, export opportunities and long-term growth prospects. Successful applicants are expected to receive shares before the scheduled listing later this week.
