Mumbai: The Initial Public Offering of Lohia Corp Limited was subscribed 7.25 times on the final day of bidding.

The issue received bids of 10,40,88,180 equity shares against the offered 1,43,52,274 equity shares, according to data available on the stock exchanges.

Retail Portion and Non-institutional portion were subscribed 2.77 times and 6.82 times respectively. Qualified Institutional Buyers (QIB) portion was subscribed 9.11 times whereas the employee reserved portion was subscribed 1.39 times.