• IPO listing performance: Lohia Corp listed on the NSE at ₹461 per share, compared to its issue price of ₹425.
• Key strategic priorities: The company aims to preserve its dominant position in the Rafia machinery market, expand global market share, and scale its newer recycling and monofilament machinery verticals.
• Growth drivers and risks: Expansion will be supported by new machinery segments, the spare parts business, and domestic government growth initiatives, though occasional geopolitical issues pose challenges for export markets.
• End-market demand: Machine demand is underpinned by multi-use packaging for agriculture, cement, and fertilizers across developing economies, as well as growing non-packaging infrastructure uses like pond lining and road construction.