LI
Lumino Industries Limited IPO
Conductors & Power Cables · EPC Power Transmission · HTLS Re-conductoring · Electricals
📋 Mainline IPO
Fresh + OFS
NSE, BSE
₹82
Upper Price
₹700.00 Cr
Issue Size
Sep 3, 2026
Listing Date
₹1,997.34 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Thursday, 27 August 2026
Bidding starts — apply before close
🔒
IPO Closes
Monday, 31 August 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Tuesday, 1 September 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Wednesday, 2 September 2026
Unallotted funds returned; shares credited to demat
🏷️
Thursday, 3 September 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date27 August 2026 (Thu)
IPO Close Date31 August 2026 (Mon)
Listing Date3 September 2026 (Thu)
Face Value₹5 per share
Price Band₹78 to ₹82
Issue Price (Upper Band)₹82 per share
Issue TypeBook Build — Fresh + OFS
Lot Size182 shares
Total Issue Size8,53,65,851 shares (₹700.00 Cr)
Fresh Issue6,09,75,609 shares (₹500.00 Cr)
Offer for Sale (OFS)2,43,90,242 shares (₹200.00 Cr)
Pre-Issue Shares24,35,78,096
Post-Issue Shares30,45,53,705
Promoter Holding (Pre)100.00%
Market Cap (Pre-IPO)₹1,997.34 Cr
Listing ExchangeNSE, BSE
Lead ManagerMotilal Oswal, JM Financial, Monarch Networth
RegistrarBigshare Services Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹82| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail — Minimum | 1 | 182 | ₹14,924 |
| Retail — Maximum | 13 | 2,366 | ₹1,94,012 |
| S-HNI (sNII) — Min | 14 | 2,548 | ₹2,08,936 |
| S-HNI (sNII) — Max | 67 | 12,194 | ₹9,99,908 |
| B-HNI (bNII) — Min | 68 | 12,376 | ₹10,14,832 |
⚠️ Note: Investors can bid for a minimum of 182 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000.
👥 Investor Reservation
Allocated portion of Net OfferNot more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
Loading…
📈 Company Financials
Restated Consolidated · ₹ Crore| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 2,174.88 | 1,718.66 | 1,175.44 |
| Total Income | 2,089.31 | 1,946.68 | 1,424.63 |
| PAT | 160.00 | 124.59 | 86.61 |
| EBITDA | 238.95 | 222.94 | 145.09 |
| Net Worth | 729.58 | 570.29 | 445.86 |
| Reserves & Surplus | 606.16 | 446.66 | 413.86 |
| Total Borrowing | 384.16 | 418.83 | 40.91 |
Income Growth
FY 2023–24₹1,424.63 Cr
FY 2024–25₹1,946.68 Cr
FY 2025–26₹2,089.31 Cr
🎯 Key Performance Indicators
24.62%
ROE
FY 2025–26
0.53
Debt/Equity
FY 2025–26
25.75%
ROCE
FY 2025–26
7.66%
PAT Margin
FY 2025–26
11.71%
EBITDA Margin
FY 2025–26
24.62%
RoNW
FY 2025–26
2.74x
Price/Book
FY 2025–26
890
Workforce
Employees
⚖️ Valuation & EPS
Pre-IPO EPS
₹6.57
FY26 earnings + pre-issue shares
P/E: 12.48xPost-IPO EPS
₹5.25
FY26 earnings + post-issue shares
P/E: 15.62xPrice to Book Value
2.74x
At upper price band ₹82
Market Cap (Pre-IPO)
₹1,997.34 Cr
At issue price ₹82
ℹ️
Pre-IPO EPS (₹6.57) based on pre-issue shares (24,35,78,096) and FY26 earnings. Post-IPO EPS (₹5.25) accounts for the dilution resulting from the issuance of 6,09,75,609 fresh equity shares extending the total post-issue equity to 30,45,53,705 shares. Post-IPO Market Cap expands to ₹2,497.34 Cr.
🎯 Objects of the Issue
Net proceeds utilisation1
Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by Company
₹337.00 Cr
2
Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility
₹15.01 Cr
3
General Corporate Purposes
Balance
Total Fresh Issue Goal
₹500.00 Cr
🏢 About Lumino Industries Ltd.
Est. 2005 · Kolkata, West Bengal · Power Transmission & EPCLumino Industries Limited, incorporated in 2005, is an integrated engineering, procurement, and construction (EPC) and manufacturing powerhouse in India. The company specializes in the engineering, manufacturing, and supply of premium conductors, power cables, electrical wires, and specialized components tailored for the power transmission and distribution sector.
The business operates across two core synergistic verticals: Manufacturing (aluminium conductors, specialized HTLS conductors, power cables, and wires) and EPC infrastructure (power transmission and distribution, EHV substations, HTLS re-conductoring, railway electrification, solar plants, and water management projects). Serving major domestic EPC players alongside government electricity boards and international state utilities across the USA, Africa, and South Asia, Lumino is powered by a dedicated workforce of 890 permanent professionals.
Brand Ecosystem
⚡
HTLS & Conductors
High-temperature low-sag conductors and aluminium conductors for heavy transmission lines
🔌
Power Cables & Wires
Comprehensive range of power cables, instrumentation wires, and custom electrical products
🏗️
Turnkey EPC Solutions
EHV substations, transmission lines, railway electrification, and utility water management
🌍
Global Distribution
Supplying domestic EPC contractors and international public electricity boards across 10+ countries
Competitive Strengths
🏆Integrated business model combining specialized manufacturing with comprehensive turnkey EPC execution
⚙️Advanced capability in manufacturing high-efficiency HTLS conductors for modern grid re-conductoring
🌐Established international client base spanning state-owned electricity boards across the USA, Africa, and Asia
📈Strong financial expansion with revenue scaling past ₹2,089 crores and 28% PAT growth in FY26
Company Promoters
PG
Purushottam Dass Goel
Promoter, Lumino Industries Ltd.
DG
Devendra Goel & Jay Goel
Promoters, Lumino Industries Ltd.
📅 Key Dates
IPO Opens27 Aug 2026
IPO Closes31 Aug 2026
Allotment01 Sep 2026
Refund & Share Credit02 Sep 2026
Listing Day03 Sep 2026
💡 Quick Summary
Price Band₹78 – ₹82
Upper Price₹82 / share
Lot Size182 shares
Min. Investment (Retail)₹14,924
Issue Size₹700.00 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Lead Manager
Motilal Oswal, JM Financial, Monarch Networth
📍 Registered Address
Lumino Industries Ltd.
Unit No – 12/4, Merlin Acropolis,
1858/1 Rajdanga Main Road, Kolkata,
West Bengal — 700107
📞 +91 33 2441 2008
[email protected]
Unit No – 12/4, Merlin Acropolis,
1858/1 Rajdanga Main Road, Kolkata,
West Bengal — 700107
📞 +91 33 2441 2008
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️
Disclaimer: This page presents publicly available information from the Lumino Industries IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
Track Lumino Industries IPO 2026: Date, Price Band, GMP, Allotment & Listing Details GMP
Check real-time grey market premium, daily GMP history & estimated listing price.
Check GMP →