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Lohia Corp IPO subscribed over 70% so far on last day of bidding; GMP signals muted listing

in5points
  1. Lohia Corp IPO received over 70% subscription by 11:00 am on July 27, the final day of bidding.

  2. The IPO is for a manufacturer of machinery for the technical textiles industry.

  3. Grey market premium (GMP) signals a muted listing for the issue.