Lumino Industries Limited IPO
27 Aug 2026 – 31 Aug 2026
Share Price
- Candle
- 6 Oct
- O
- ₹99.48
- H
- ₹103.1
- L
- ₹97.5
- C
- ₹101.67
22 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹78 – ₹82
- Lot Size
- 182 shares
- Min Investment
- ₹14,924 (1 lot · 182 shares)
- Face Value
- ₹5
- Issue Size
- Initial Public Offer of Fresh Issue of Aggregating up to Rs. 5000 million and Offer for sale up to Rs. 2000 million (Including Eligible Employees Reservation Portion of Aggregating up to Rs. 100 million and Anchor portion of 25,243,901 Equity Shares)
- Registrar
- Bigshare Services Private Limited ↗
Timetable
GMP History
Latest GMP ₹40 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 1 Sept | ₹42.5 | +51.8% | −₹7.5 | ₹124.5 | |
| 31 Aug | ₹50 | +61.0% | −₹10 | ₹132 | |
| 30 Aug | ₹60 | +73.2% | −₹3 | ₹142 | |
| 29 Aug | ₹63 | +76.8% | +₹4 | ₹145 | |
| 28 Aug | ₹59 | +72.0% | +₹4 | ₹141 | |
| 27 Aug | ₹55 | +67.1% | +₹7 | ₹137 | |
| 26 Aug | ₹48 | +58.5% | +₹2 | ₹130 | |
| 25 Aug | ₹46 | +56.1% | −₹4 | ₹128 | |
| 24 Aug | ₹50 | +61.0% | — | ₹132 |
Subscription
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 31 Aug | 221.43x | 176.22x | 38.10x | 117.88x |
| 30 Aug | 0.06x | 7.78x | 6.50x | 4.87x |
| 29 Aug | 0.06x | 7.78x | 6.50x | 4.87x |
| 28 Aug | 0.06x | 7.78x | 6.50x | 4.87x |
| 27 Aug | 0.04x | 2.09x | 1.95x | 1.42x |
Financials
All values in ₹ crore
About Lumino Industries
Incorporated in 2005, Lumino Industries Limited is a product-driven engineering, procurement, and construction(EPC) company manufacturing and supplying conductors, power cables, electrical wires, and specialised components for India's power distribution and transmission industry. The company manufactures high-temperature, low-sag (HTLS) conductors for distribution and transmission lines and is the fastest-growing player in the conductors, power cables, and EPC industry. The company has developed a product-driven business model focused on designing, manufacturing, and distributing specialised products for power distribution, industrial, renewable energy, and communication applications. The company supplies products to international clients, including government-owned electricity companies in countries like the USA, Nepal, and Ghana. In Fiscal 2024, 62.38% of EPC project products were manufactured in-house. The company's electrical wire business operates in four states in India through a network of approximately 122 distributors. The company operates two manufacturing facilities in Howrah, West Bengal, with a combined capacity of 40,000 MT of aluminium per year, and three warehouses covering approximately 110,000 sq. ft. Business Segments: Manufacturing: The company is the fastest-growing player in the conductors, power cables, and EPC industry (CAGR 2022-2024). Its products include aluminium conductors, power cables, and electrical wires under the 'Lumicon' brand. EPC: The company's EPC segment includes power distribution, EHV substations, HTLS re-conductoring, railway electrification, and solar projects. It serves clients in India and Rwanda, ensuring efficient project planning and execution. Products: Aluminium Conductors: Aluminium conductors are vital for transmitting electrical energy efficiently over long distances to power substations via overhead lines. The company uses them in distribution networks, industrial applications, and power plants.
As published in the company's own offer documents.
Strengths
- The fastest growing player in the power EPC industry with in-house manufacturing capabilities.
- Cost-efficient and unique business model with complementary and integrated business segments.
- Well-developed and integrated manufacturing facilities with an extensive product range
- Strong and diversified order book.
- Strong strategic alliances and partnerships with prominent international companies.
- Experienced Promoters and committed management team, with skilled workforce.
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Motilal Oswal Investment Advisors Limited
- JM Financial Limited
- Monarch Networth Capital Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 182 | ₹14,924 |
| Retail (max)most that stays under ₹2L | 13 | 2,366 | ₹1,94,012 |
| S-HNI (min)first bid over ₹2L | 14 | 2,548 | ₹2,08,936 |
| S-HNI (max)most that stays under ₹10L | 67 | 12,194 | ₹9,99,908 |
| B-HNI (min)first bid over ₹10L | 68 | 12,376 | ₹10,14,832 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (Employee)
- Rs. 5,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 31-Aug-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Axis Bank Limited and HDFC Bank Limited
Registrar
- Name
- Bigshare Services Private Limited
- Address
- S6-2, 6th Floor, Pinnacle Business Park Mahakali Caves Road, Next to Ahura Centre Andheri (East), Mumbai 400 093 Maharashtra, India
- Contact
- Vinayak Morbale, +91 22 6263 8200,ipo@bigshareonline.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Lumino Industries Limited IPO today?
The latest grey market premium for Lumino Industries Limited IPO is ₹40. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Lumino Industries Limited IPO?
The price band is ₹78 – ₹82, with a lot size of 182 shares. The minimum investment is ₹14,924.
When does Lumino Industries Limited IPO open and close?
The issue opens on 27 Aug 2026 and closes on 31 Aug 2026. Listing is expected on 3 Sept 2026.
Who is the registrar for Lumino Industries Limited IPO?
Bigshare Services Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.