Lumino Industries
Price band ₹78–82 · Issue ₹700.00 Cr
Market attention score 28.7 (how ranked)
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Capital required
Approximate retail outlay for Lumino Industries at the issue price band (lot × lots).
Est. capital
₹14,196 – ₹14,924
Lot size 182 · up to ₹82/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
27 Aug 2026
Closes
31 Aug 2026
Allotment
1 Sept 2026
Listing
3 Sept 2026
Lot size
182
GMP
+54.88%
At a glance
IPO Open Thu, Aug 27, 2026 IPO Close Mon, Aug 31, 2026 Price Band ₹78 to ₹82 Market Cap * ₹2,497.34 Cr * on Upper Price IPO Details IPO Date 27 to 31 Aug, 2026 Listing Date Thu, Sep 3, 2026 T Face Value ₹ 5 per share Price Band ₹78 to ₹82 Lot Size 182 Shares Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 8,53,65,851 shares (agg. up to ₹ 700 Cr) Fresh Issue 6,09,75,609 shares (agg. up to ₹ 500 Cr) Offer for Sale 2,43,90,242 shares of ₹ 5 (agg. up to ₹ 200 Cr) Share Holding Pre Issue 24,35,78,096 shares Share Holding Post Issue 30,45,53,705 shares IPO Timetable (Tentative) IPO Open Thu, Aug 27, 2026 IPO Close Mon, Aug 31, 2026 Allotment Tue, Sep 1, 2026 Refund Wed, Sep 2, 2026 Credit of Shares Wed, Sep 2, 2026 Listing Thu, Sep 3, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Net Offer Retail Not less than 35% of the Net Offer NII Not less than 15% of the Net Offer IPO Lot Size Investors can bid for a minimum of 182 shares and in multiples thereof. Application Lots Shares Amount Retail (Min) 1 182 ₹14,924 Retail (Max) 13 2,366 ₹1,94,012 S-HNI (Min) 14 2,548 ₹2,08,936 S-HNI (Max) 67 12,194 ₹9,99,908 B-HNI (Min) 68 12,376 ₹10,14,832 IPO Subscription Details Investor Category Reservations Category Limit Cut-off RII Up to ₹2 Lakhs Yes sNII ₹2 Lakhs – ₹10 Lakhs No bNII Above ₹10 Lakhs No Employee (EMP) Up to ₹5 Lakhs Yes Employee + RII/NII Up to ₹5Lakhs (EMP) + RII/NII limits Yes (EMP/RII) About Lumino Industries Ltd. Updated on Aug 21, 2026 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.
Overview
Lumino Industries IPO is a book build issue of ₹700.00 crores. The issue is a combination of fresh issue of 6.10 crore shares aggregating to ₹500.00 crores and offer for sale of 2.44 crore shares aggregating to ₹200.00 crores.
Lumino Industries IPO opens for subscription on Aug 27, 2026 and closes on Aug 31, 2026. The allotment for the Lumino Industries IPO is expected to be finalized on Sep 1, 2026. Lumino Industries IPO will list on NSE and BSE with a tentative listing date fixed as Sep 3, 2026.
Lumino Industries IPO is set issue price band at ₹78 to ₹82 per share. The lot size for an application is 182 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,924 (182 shares) (based on upper price).
Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Lumino Industries IPO RHP for detailed Information.
Issue details
IPO Date
27 to 31 Aug, 2026
Listing Date
Thu, Sep 3, 2026T
Face Value
₹5 per share
Price Band
₹78 to ₹82
Lot Size
182 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 182 | ₹14,924 |
| Retail (Max) | 13 | 2,366 | ₹1,94,012 |
| S-HNI (Min) | 14 | 2,548 | ₹2,08,936 |
| S-HNI (Max) | 67 | 12,194 | ₹9,99,908 |
| B-HNI (Min) | 68 | 12,376 | ₹10,14,832 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
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. 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.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,174.88 | 1,718.66 | 1,175.44 |
| Total Income | 2,089.31 | 1,946.68 | 1,424.63 |
| Profit After Tax | 160.00 | 124.59 | 86.61 |
| EBITDA | 238.95 | 222.94 | 145.09 |
| NET Worth | 729.58 | 570.29 | 445.86 |
| Reserves and Surplus | 606.16 | 446.66 | 413.86 |
| Total Borrowing | 384.16 | 418.83 | 40.91 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 24.62% | 24.52% |
| ROCE | 25.75% | 31.89% |
| Debt/Equity | 0.53 | 0.73 |
| RoNW | 24.62% | 24.52% |
| PAT Margin | 7.66% | 6.40% |
| EBITDA Margin | 11.71% | 11.62% |
| NAV | 29.95 | 23.41 |
| Price to Book Value | 2.74 | 3.50 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
6.57
P/E (x)
12.48
Market Cap at Offer Price
₹1,997Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 71.97% |
| Public | 28.03% | |
| Total | 100% | 100% |
Objects of the issue
- — Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company
- — Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility
- — General corporate purposes
Intermediaries
Registrar
Bigshare Services Pvt.Ltd.
Lead manager(s)
Motilal Oswal Investment Advisors Ltd., JM Financial Ltd., Monarch Networth Capital Ltd.
FAQs
How to apply in Lumino Industries IPO through Zerodha?+
Zerodha customers can apply online in Lumino Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Lumino Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Lumino Industries IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Lumino Industries IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Lumino Industries IPO will open?+
The Lumino Industries IPO opens on Thu, Aug 27, 2026 and closes on Mon, Aug 31, 2026.
What is the lot size of Lumino Industries IPO?+
Lumino Industries IPO lot size is 182 , and the minimum amount required for application is ₹14,924 .
How to apply for Lumino Industries IPO?+
You can apply in Lumino Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Lumino Industries IPO allotment?+
The finalization of Basis of Allotment for Lumino Industries IPO will be done on Tuesday, September 1, 2026 , and the allotted shares will be credited to your demat account by Wed, Sep 2, 2026 . Check the Lumino Industries IPO allotment status .
When is Lumino Industries IPO listing date ?+
The Lumino Industries IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 3, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.