Lohia Corp IPO Day 1: Issue opens today. GMP hints 8% listing gain. Should you apply or skip?

Lohia Corp IPO opens for subscription from 23 July to 27, with a price band of ₹404-425 and a lot size of 35 shares. The company raised ₹492 crore from anchor investors, signalling strong demand, while the IPO is entirely an Offer for Sale with no new funds raised.