Lumino Industries IPO: Price Band Rs78-82, Opens Aug 27

Lumino Industries Limited has set its Initial Public Offering (IPO) price band at Rs78 to Rs82 per equity share, each with a face value of Rs5. The offering is scheduled to open on Thursday, August 27, 2026, and will close on Monday, August 31, 2026.

IPO Key Figures

• Price Band: Rs78 to Rs82 per equity share
• Minimum Bid: 182 equity shares
• Fresh Issue: Up to Rs5,000.00 million
• Offer-for-Sale: Up to Rs2,000.00 million by promoters

The fresh issue component’s proceeds are specifically allocated for key corporate objectives. These include the repayment of existing debt and funding essential capital expenditure. General corporate purposes will also receive a portion of the raised capital.

Company Operations

Lumino Industries functions as an integrated engineering, procurement, and construction (EPC) firm. The company specializes in manufacturing and supplying critical components such as conductors, power cables, and electrical wires.

Its primary focus is the power transmission and distribution sector. Lumino serves a diverse client base, including both domestic and international customers within this segment.

Offer Management

The IPO is being orchestrated by a syndicate of prominent investment advisors. Motilal Oswal Investment Advisors Limited, JM Financial Limited, and Monarch Networth Capital Limited are jointly managing the offer.

Bigshare Services Private Limited has been designated as the official Registrar for the public issue. Upon completion, Lumino Industries shares are set to list on both the BSE and National Stock Exchange (NSE).