Lohia Corp Ltd IPO

About Lohia Corp Ltd

Our Company was incorporated as Kanpur Packaging Machines Limited, a company limited by shares, under the Companies Act, pursuant to a certificate of incorporation dated June 5, 2023, issued by the Registrar of Companies, Central Registration Center. Lohia Trade Services Limited (erstwhile Lohia Corp Limited) (LTSL or the Demerged Company), along with our Company had filed a joint petition for the sanction of the scheme of arrangement among our Company, the Demerged Company and their respective shareholders and creditors, pursuant to which the Demerged Company's Core Undertaking was demerged and vested into our Company (such demerger scheme, the Scheme of Arrangement). The Scheme of Arrangement was approved by the National Company Law Tribunal, Allahabad Bench at Prayagraj (the NCLT) through its order dated April 16, 2024, with the appointed date of the Scheme being April 1, 2024 (the Appointed Date). The NCLT order sanctioning the Scheme of Arrangement was filed with the Registrar of Companies, Uttar Pradesh, at Kanpur on May 1, 2024, being the effective date of the Scheme of Arrangement (the Effective Date). Pursuant to the Scheme of Arrangement, the name of our Company was changed from Kanpur Packaging Machines Limited to Lohia Corp Limited and a certificate of incorporation pursuant to change of name dated June 6, 2024, was issued by the Registrar of Companies, Central Processing Center.

The global market for woven Raffia machines was estimated to be US$ 1,008 million in 2024, and is expected to reach US$ 1,369 million in 2030, at a CAGR of 5.2%. Increasing investments across global infrastructure projects (cement, construction) and increasing usage of Raffia bags across different user segments (food grains, chemicals, fertilizers, agriculture) is expected to support the machinery market growth from 2025 to 2030. The Indian market for woven Raffia machines amounted to US$ 150.0 million in Fiscal 2025 and is expected to reach US$ 242.0 million in Fiscal 2030, at a CAGR of 10.0%.

We are among the leading global manufacturers of machinery and equipment for technical textiles in terms of revenue in 2024, with a strong focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabric and sacks (Raffia). (Source: F&S Report, page 193) In 2024, we ranked among the top global players by revenue, with a 15.4% share of the global woven Raffia machinery market by value. We are a market leader in the domestic woven Raffia machines market, with a dominant market share of 40.7% by value in Fiscal 2025. As of March 31, 2026, our manufacturing facilities had an installed capacity to produce 240 tapelines, 13,800 circular looms and 108,000 tape winders annually. We manufacture a comprehensive and diverse suite of machinery such as tape extrusion lines, circular loom, coating and lamination lines, printing machines, conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines and recycling machines, amongst others, as well as spare parts. We provide end-to-end solutions for the entire ecosystem of woven fabric, offering services from `concept to commissioning', throughout the complete production lifecycle required for the Raffia industry. We manufacture winders and rewinders for high performance fibres and we have also ventured into extrusion lines to produce technical monofilaments with diversified applications such as textiles, agriculture and sports.

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