Lohia Corp’s Rs 1,101-crore initial public offering opens for subscription on July 23 and continues through the subscription period, with the issue structured as a book-built offering entirely through an offer for sale (OFS) of 2.59 crore equity shares. Coverage indicates that investor interest is present but tempered: on day 2, Economic Times reports the IPO is subscribed about 43% so far, with retail investors accounting for around 80% of the subscription in their reserved portion. At the same time, grey market indicators point to a muted listing outlook. NDTV reports an initial GMP signal of around 9% listing premium on day 1, while later NDTV reporting on day 2 shows GMP slipping to about Rs 13 and subscription running at roughly 0.44x. Economic Times also places the grey market premium in a range of about 3 to 8.5%. Multiple outlets also note forthcoming allotment and provide guidance on checking allotment status, refund schedules and the listing date. The company’s business involves manufacturing machinery for technical textile production, and sources reference strong financial growth, including FY26 earnings.