Lohia Corp Limited has announced a significant initial public offering (IPO) of equity shares, amounting to ₹1,101.28 crore. This IPO features an offer for sale by the existing shareholders. The prominent law firm, Cyril Amarchand Mangaldas, provided legal counsel to Lohia Corp for this IPO.
Meanwhile, S&R Associates represented the interests of Equirus Capital Limited and Motilal Oswal Investment Advisors Limited, who were appointed as the book-running lead managers for this financial endeavor. International counsel for the lead managers was furnished by Hogan Lovells Cadwalader.
The transaction was spearheaded by Biswajit Chatterjee, who serves as the Head of the India Practice and Dubai Office Managing Partner. He was ably supported by Kaustubh George, Counsel, along with Senior Associate Suchisubhra Sarkar and Associate Sanjana Ravjiani.
About Lohia Corp
Lohia Corp stands as a key entity within the Lohia Group, renowned for its specialization in devising cutting-edge machinery solutions tailored for the plastic woven fabric industry. With a robust presence spanning over 40 years, the company is celebrated for its dependable machinery designed for woven sacks, monofilament, and strapping, catering to a global clientele across numerous industries.
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