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IPO ·
BSE, NSE
Lumino Industries Ltd
Listed
Incorporated in 2005, Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, with a focus on manufacturing and supplying conductors, power cables, electrical wires and specialised
Issue details
Price band
₹78 – ₹82
Face value
₹5
Lot size
182 shares
Minimum investment
₹14,924
Issue size
₹700.00 Cr
Fresh issue
₹500.00 Cr
Offer for sale
₹200.00 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
27 Aug 2026
Closes
31 Aug 2026
UPI mandate cut-off
5:00 PM on 31 Aug 2026
Allotment
1 Sep 2026
Refunds
2 Sep 2026
Shares in demat
2 Sep 2026
Listing
3 Sep 2026
Subscription and listing
Subscription
87.25x
Listing price
₹110
Registrar
Bigshare Services Pvt Ltd
Lead manager
Motilal Oswal Investment Advisors, JM Financial, Monarch Networth Capital
Subscription by category
Total
87.25x
Total applications
57,31,169
Anchor investors
Amount raised
₹207.00 Cr
Bid date
25 Aug 2026
50% lock-in ends
1 Oct 2026
Rest lock-in ends
30 Nov 2026
Listing day
Issue price
₹82
Open
₹110.00
High
₹118.99
Low
₹106.54
Day close
₹110.32
Listing gain at open
+34.15%
Issue structure
Shares reserved per category and share of the total issue
QIB
4,20,73,169
49.29%
Anchor Investor
2,52,43,901
29.57%
QIB (Ex. Anchor)
1,68,29,268
19.71%
NII
1,26,21,951
14.79%
bNII > ₹10L
84,14,634
9.86%
sNII < ₹10L
42,07,317
4.93%
Retail
2,94,51,219
34.50%
Employee
12,19,512
1.43%
Total
8,53,65,851
100.00%
Finaccle’s quick read
Apply
FY26 income up 7%, PAT up 28%, ROE 24.62%, D/E 0.53, post-issue P/E 15.62x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 2005, Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, with a focus on manufacturing and supplying conductors, power cables, electrical wires and specialised products for the power transmission and distribution industry. The Company also manufactures high-temperature low-sag (HTLS) conductors used in transmission and distribution lines. The Company operates through two key segments: Manufacturing and EPC.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
24.62%
ROCE
25.75%
Debt / equity
0.53
PAT margin
7.66%
P/E post issue
15.62
Market cap
₹2,497.34 Cr
Use of IPO money
Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company
₹337.00 Cr
Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility
₹15.01 Cr
General corporate purposes
₹110.58 Cr
Issue Expenses
₹52.28 Cr
Strengths
✓
PAT up 28% in FY26 to ₹160.00 Cr
✓
ROE of 24.62% and ROCE of 25.75%
✓
Moderate leverage: debt to equity 0.53
Risks to watch
!
Modest PAT margin of 7.66%
!
29% of the issue is an offer for sale by existing shareholders
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.