Lohia Corp Ltd., a Kanpur-based flexible packaging films manufacturer, made a strong market debut on July 30, 2026, with its shares listing more than 8% above the IPO issue price of ₹425 per share.

The company had set the IPO price band at ₹425 per share, with a lot size of 35 equity shares. Through its maiden public offering, Lohia Corp raised ₹1,101 crore. The IPO received a healthy response from investors, achieving an overall subscription of 7.78 times.

In India's primary market, an IPO subscription figure indicates the number of times the total shares on offer have been bid for by investors. A subscription of 7.78 times means that demand for Lohia Corp's shares exceeded the supply by nearly eight-fold across all investor categories combined.

Lohia Corp is headquartered in Kanpur, Uttar Pradesh, and operates in India's flexible packaging sector, which serves industries ranging from food and beverages to pharmaceuticals and consumer goods. The successful listing adds to the company's transition from a privately held entity to a publicly traded one, allowing it to access capital markets for future growth and providing an exit or partial exit for existing shareholders.

The strong listing premium — shares opening more than 8% above the issue price — reflects positive investor sentiment toward the offering at the time of debut. India's IPO market has seen sustained activity, with multiple companies across sectors tapping public markets as domestic participation in equities continues to broaden.

Source: CNBC-TV18 Markets