Lumino Industries IPO: ₹700 Cr Launch Aug 27, 2026
Worker examines new equipment in a manufacturing facility, referencing a capital allocation plan.
Key Highlights
Lumino Industries announces its ₹700 crore IPO launching August 27, 2026, with shares priced ₹78-82. Funds to reduce debt & upgrade facilities.
Lumino Industries is set to launch its (IPO) valued at ₹700 crore on August 27, 2026. This move will see the company raise capital through a combination of fresh equity and an offer for sale.
Key IPO Figures
- IPO Size: ₹700 crore
- : ₹500 crore
- (OFS): ₹200 crore
- : ₹78-82 per share
- Valuation (at higher end): approximately ₹2,500 crore
The bidding window for the IPO will close on August 31, with anchor investors having their bidding opportunity two days prior, on August 25.
Planned
Proceeds from the fresh issue component are earmarked for several strategic initiatives. Lumino Industries intends to reduce existing debt and upgrade an existing manufacturing facility.
Funds will also facilitate the purchase of new equipment and machinery, bolstering the company’s operational capabilities.
Investor Allocation and Listing
- (QIBs): 50%
- Non-Institutional Investors (NIIs): 15%
- Investors: 35%
Lumino Industries specializes in manufacturing and supplying conductors, power cables, and electrical wires. These components are critical for the power distribution and transmission sector, serving clients both domestically and internationally.
Shares are anticipated to commence trading on both the and exchanges on September 3, following the conclusion of the bidding process.