LUMINO INDUSTRIES LIMITED
OpenElectricals · Mainboard IPO · INE185Q01025
Price band
₹78 – ₹82
Lot size
182 shares
Min. investment
₹14,924
Issue size
₹700 Cr
Face value
₹5
Registrar
Bigshare Services Pvt.Ltd.
Issue timeline
Bidding opens
27 Aug 2026
Bidding closes
31 Aug 2026
Allotment
01 Sept 2026
Listing
03 Sept 2026
Subscription
5.14x
overall
9,37,244
applications
₹2,532 Cr
bid value
| Category | Sub. (x) | Offered | Bid for | ₹ Cr* |
|---|---|---|---|---|
| Qualified Institutional (QIB) | 0.06x | 1,68,29,268 | 9,91,172 | 8 |
| Non-Institutional >₹10L (bNII) | 5.91x | 84,14,634 | 4,97,50,610 | 408 |
| Non-Institutional ₹2–10L (sNII) | 12.7x | 42,07,317 | 5,34,50,852 | 438 |
| Retail (RII) | 6.87x | 2,94,51,219 | 20,23,79,268 | 1,660 |
| Employees | 1.84x | 12,19,512 | 22,49,884 | 18 |
| Total | 5.14x | 6,01,21,950 | 30,88,21,786 | 2,532 |
Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.
About the company
Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, focusing on manufacturing and supplying conductors, power cables, electrical wires and specialized products for the power transmission and distribution industry.
Issue details
Issue size
₹700 Cr
Fresh issue
₹500 Cr
Offer for sale
₹200 Cr
Industry
Electricals
Promoter holding (pre)
100
Promoter holding (post)
71.97
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,424.63 | 1,946.68 | 2089.31 Cr |
| EBITDA | 145.09 | 222.94 | 238.95 |
| Profit after tax | 86.61 | 124.59 | 160 Cr |
| Net worth | 445.86 | 570.29 | 729.58 Cr |
| Total assets | 1,175.44 | 1,718.66 | 2,174.88 |
| Total borrowing | 40.91 | 418.83 | 384.16 |
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
Strengths
- Strong revenue growth with a 7% increase in total income.
- Profit after tax rose by 28% between FY 2025 and FY 2026.
- Diverse product offerings in the power transmission and distribution sector.
Risks
- Dependence on the performance of the power sector.
- Potential fluctuations in raw material prices.
- Competition from other established players in the industry.
Documents
Calculate your bid
At cut-off price ₹82
Lots
1
- Shares
- 182
- Amount
- ₹14,924
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login
Min. investment
₹14,924