CosmicTaco

Lohum Plans $200M Fundraise Ahead of 2027 IPO

CosmicTaco · 2025-03-07T10:34:41.350950+05:30

- Lohum, a critical mineral refining and processing company, is planning to raise $200 million from private equity funds as it prepares for an IPO in early 2027. - The company aims to expand its capacity in lithium, nickel, platinum, palladium, and cathode active materials across multiple locations in India. - Lohum has already raised $100 million since its inception in 2018, with investors including Singularity Growth, Baring Private Equity, and Cactus Venture Partners. - The company announced the expansion of its lithium refining capabilities with a new 1,000-tonnes-per-annum facility, making it one of the largest lithium refiners outside of China. - Lohum's current annual revenue stands at around ₹1,000 crore, with plans to quadruple it by 2027 through significant capacity expansions and new projects. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/ipos/fpos/lohum-plans-to-raise-200-million-ahead-of-ipo/articleshow/118771793.cms), [Mint](https://www.livemint.com/companies/lohum-ipo-in-early-2027-mineral-refining-lithium-cobalt-refiners-11741268695124.html)

Lohum, a critical mineral refining and processing company, is planning to raise $200 million from private equity funds as it prepares for an IPO in early 2027.
The company aims to expand its capacity in lithium, nickel, platinum, palladium, and cathode active materials across multiple locations in India.
Lohum has already raised $100 million since its inception in 2018, with investors including Singularity Growth, Baring Private Equity, and Cactus Venture Partners.
The company announced the expansion of its lithium refining capabilities with a new 1,000-tonnes-per-annum facility, making it one of the largest lithium refiners outside of China.
Lohum's current annual revenue stands at around ₹1,000 crore, with plans to quadruple it by 2027 through significant capacity expansions and new projects.

Source: The Economic Times, Mint