Lohia corp IPOLohia Corp IPO Analysis @ Chanakyanipothi.com,
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Lohia Corp IPO Promoters
RAJ KUMAR LOHIA, NEELA LOHIA, GAURAV LOHIA, AMIT KUMAR LOHIA AND RITU LOHIA

Lohia Corp Company Details

Lohia Corp is one of the leading manufacturers globally of machinery and equipment used in the production of technical textile, in particular for manufacturing polypropylene (“PP”) and high density polyethylene (“HDPE”) woven fabric and sacks (“Raffia”), with a global market share of 17.5% across all Raffia machinery and more than 28.7% for machines used in PP/ HDPE fabric making. It is the market leader in India providing end-to-end manufacturing solutions for the Raffia industry with a market share of more than 80% in terms of value and volume, in the machine segment up to the plastic woven fabric stage in Fiscal 2022. In addition to machines for the Raffia industry, it is the leading manufacturer in India Lohia Corp IPO Businessof spin-drawwind machines (“LOFIL”) for PP multifilament yarn that is used in upholstery (furnishing fabrics, curtains, among others), filter fabrics, liners (used in suitcases, backpacks, among others) fishing nets, sports nets, decorative laces and as sewing yarn in various applications in the Raffia industry. It also manufactures winders and rewinders for high performance fibres such as carbon fibre, glass fibre and artificial grass. Products manufactured using its machines are used across several industries as packaging application, such as packing of cement, fertilizer, chemicals, polymer, food grain, minerals, shopping bags, leno bags, FIBCs and container liners.
They are also utilised in non-packaging applications, such as wrapping fabric, roof underlayment, lumber wrap, pond liner, tarpaulin, geotextile, geogrid, ground cover, carpet backing, ropes and twines.
Incorporated in 1981 as a joint venture between the Lohia group, through Lohia Engineering Works, and Machinenfabrik Starlinger & Co. GmbH, Austria, it sold our first product, circular looms, in 1983 and expanded its product portfolio thereafter by introducing tape extrusion line under technical collaboration with Windmöller & Hölscher (Germany) in 1984. 

It manufactures a comprehensive suite of machinery and equipment such as tape extrusion lines, winders, circular loom, coating and lamination lines, printing machine, conversion machine, multifilament yarn machine, recycling machines, twister winder and monofilament extrusion lines, amongst others. As of March 31, 2022, it supplied its products to over 90 countries. It provides end-to-end solutions for the entire ecosystem of woven plastic, offering services from concept to commissioning, throughout the complete lifecycle of its machinery.

As of March 31, 2022, the aggregate extrusion capacity of the manufacturing machinery and equipment sold by it was 6.84 million MT. As of March 31, 2022, it had sold approximately 84,218 circular
weaving looms, over 1,989 tape extrusion lines and over 547,972 winders. Of the total extrusion capacity sold by us, as of March 31, 2022, 4.70 million MT or 68.54% was sold domestically, and 2.15 million MT or 31.46% was exported globally. As of March 31, 2022, it had sold the highest volume of machines in the Raffia industry.

For more information about the company, click www.lohiagroup.com/lohia-corp

Objects of the IPO
This is only offer for sale.

 

Lohia Corp IPO Details
IPO opens on  ? ,2023
IPO closes on  ? ,2023
Issue Type Book Built Issue IPO
Issue Size 31,695,000 Sh /Rs ? Cr
* Fresh Issue – Sh./Rs. -Cr
* Offer for Sale  31,695,000 Sh /Rs ? Cr
   
Face Value per share: Rs. 1
   
Price Band Rs. ?
Employee discount  Rs. ? per share
Retail Lot Size  ? Shares
Listing will at  BSE, NSE
Shares offered to Shares Rs.
QIB ( %)  ? ? Cr
NII ( %)  ? ?   Cr
RII ( %)  ? ?   Cr
Employees  ?
Total Shares  ? ?  Cr
Retail portion will be oversubscribed by  ? Forms
How much Shares to Apply? Rs.
Min Retail Application ? Sh. ?
Max Retail Application  ? Sh. ?
Small HNI (Min) application  ? Sh. ?
Small HNI (Max) application ? Sh. ?
Big HNI Application ? Sh. ?
Lohia Corp IPO Tentative timetable
IPO opens on ? ,2023
IPO Closes on ? ,2023
IPO Allotment on  ? ,2023
Unblocking of ASBA  ? ,2023
Credit of Shares  ? ,2023
Listing on ? ,2023
Registered Office of the company 
D-3/A, Panki Industrial Estate, Kanpur 208 022, Uttar Pradesh, India
IPO Lead Managers
ICICI Securities, HSBC Securities and Capital Markets, IIFL Securities, Motilal Oswal Investment Advisors,
Registrar to IPO
Link Intime India Private Limited

Lohia Corp IPO Financial & Analytical Ratios
Year Total Income Net Profit EPS RoNW
  Rs.in Cr Rs.in Cr Rs. %
2019-20 1100.46 38.84 3.48 5.22
2020-21 1365.99 119.30 10.91 25.22
2021-22  2279.20 160.85 13.93 31.53
Book Value of the Share on 31.03.2022 Rs.46.53    
Book Value of the Share after the IPO Rs.-    
Upper Offer Price   Rs. ?    
Ratio Analysis
Upper Price Band/last EPS ?
Upper offer price/Book Value Ratio ?
Upper offer price/BV after IPO Ratio ?

Lohia Corp Peer Comparison

As on date of RHP Total Income Rs. Face  PE
  Income Value Ratio of
  Rs. In Cr Rs  
The IPO Company 357.56 1 ?
Lakshmi Machine Works 12622 10 69.72
       
       
       
       

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