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Lumino Industries Ltd Logo

Lumino Industries Ltd IPO

Closed Bookbuilding IPO NSE & BSE Fresh capital cum OFS
← Back to GMP
Issue Price ₹82
GMP +₹33
Est. Listing ₹115 (+40%)
Lot Size 182
Face Value ₹5
Issue Size 85,365,851 shares (agg. up to ₹700 Cr)
Subscription 124.02x

IPO Timeline

Open Date27-Aug-26
Close Date31-Aug-26
Allotment1-Sep-26
Refund Initiation2-Sep-26
Demat Credit2-Sep-26
UPI Mandate Deadline-
Listing Date3-Sep-26
Lock-in (30%)1-Oct-26
Lock-in (50%)30-Nov-26

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
QIB 🔥 232.79x 16,829,268 3,917,611,516 ₹138 Cr
NII (HNI) 🔥 185.21x 12,621,951 2,337,712,286 ₹103 Cr
Retail 40.27x 29,451,219 1,185,981,342 ₹241 Cr
Employee 1,219,512 ₹10 Cr
Σ  Total🔥 124.02x60,121,9507,456,386,028₹493 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹82
Face Value₹5
Lot Size182 shares
Issue Size85,365,851 shares (agg. up to ₹700 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh capital cum OFS
Script Code
Fresh Issue60,975,609 shares (agg. up to ₹500 Cr)
Offer for Sale24,390,242 shares of ₹5 (agg. up to ₹200 Cr)
Net Offer to Public
Amount In₹ Crore
Stock Price History · BSE
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Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)1182₹14,924
Retail (Max)132,366₹194,012
S-HNI (Min)142,548₹208,936
B-HNI (Min)6712,194₹999,908
Retail1 lot(s)182 shares₹14,924

Shareholding Pattern

Pre-Issue Shareholding243,578,096 shares%
Post-Issue Shareholding304,553,705 shares%
Reserved for Market Maker

Financial Statements Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 2,089 1,947 1,425
EBITDA 239 223 145
Profit After Tax 160 125 87
Net Worth 730 570 446
Total Assets 2,175 1,719 1,175
Reserves & Surplus 606 447 447
Total Borrowing 384 419 41

Valuation & Key Ratios

ROE25%
ROCE26%
RONW25%
PAT Margin8%
EBITDA Margin12%
Debt/Equity1
P/BV3
Pre EPS₹7
Post EPS₹5
Pre P/E12
Post P/E16

Grey Market Premium (GMP)

+₹33 Current GMP
₹115 Est. Listing Price
+40% Expected Gain

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company – 337.00
  • Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility – 15.01
  • General corporate purposes –

Company Overview

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. Its manufacturing business covers aluminium conductors, power cables and electrical wires, while its EPC business includes power transmission and distribution, EHV substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.

Lumino Industries supplies its products to major EPC players in India and also serves international customers, including government-owned electricity companies, public enterprises and electricity boards across countries such as the USA, Mali, Burkina Faso, Côte d'Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia.

As of March 31, 2026, the Company had 890 permanent employees.

Company Information

AddressUnit No – 12/4, Merlin Acropolis 1858/1 Rajdanga Main Road, Kolkata, West Bengal, 700107