Lumino Industries IPO Day 3: Subscription Status, Timeline & Key Issue Details

Lumino Industries's ₹700.00 crore initial public offering (IPO) entered its final day of public subscription today, August 31, 2026, with a price band of ₹78 to ₹82 per share. As of 10:15 A.M on the third day of bidding, the issue had been subscribed 9.69 times.

The IPO will remain open for subscription until 31 August 2026. The basis of allotment is expected to be finalised on September 1, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 3, 2026.

Lumino Industries IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: Up to ₹700.00 crore
• Fresh Issue: Up to ₹500.00 crore
• Offer for Sale (OFS): Up to ₹200.00 crore
• Face Value: ₹5 per equity share
• Price Band: ₹78 to ₹82 per share
• Lot Size: 182 shares
• Minimum Investment Amount (Retail Investor): ₹14,924 (182 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers: JM Financial Limited, Motilal Oswal Investment Advisors Limited, Monarch Networth Capital Limited
• Registrar: Bigshare Services Private Limited

Lumino Industries IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Lumino Industries IPO Day 3 Subscription Status

[August 31, 2026, 10:10 A.M.]

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the company
• Capital expenditure by the company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility
• General corporate purposes.

About Lumino Industries Limited

Incorporated in 2005, Lumino Industries Limited is an integrated engineering, procurement, and construction (EPC) company operating in India's power transmission and distribution sector. The company manufactures conductors, power cables, electrical wires, and other specialised electrical products, while also undertaking EPC projects across the power, railway, solar, and infrastructure sectors.

Lumino operates through two core business segments—Manufacturing and EPC—serving power utilities, EPC contractors, and international customers. Its integrated model combines in-house production with project execution to enhance operational efficiency and strengthen supply chain reliability.

Key Financial Highlights 

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