Lumino Industries Shares List at 34% Premium on NSE
Lumino Industries made a strong stock market debut on Thursday, September 3, 2026, with its shares listing at a 34.15% premium on the NSE. The stock opened at ₹110 apiece on the NSE against its IPO issue price of ₹82 per share. On the BSE, the shares debuted at ₹109 per share, representing a 32.93% premium over the issue price.
The company’s ₹700.00 crore IPO was open for subscription from August 27 to August 31, 2026, and witnessed strong investor interest. The issue was subscribed 104.69 times by the end of the bidding period.
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
Explore other Upcoming IPOs on BSE and NSE.
Lumino Industries IPO Overall Subscription Status
[August 31, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
211.25x |
|
Non-Institutional Investors (NIIs) |
155.42x |
|
Retail Individual Investors (RIIs) |
26.02x |
|
Total |
104.69x |
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 focused on India's power transmission and distribution sector. The company manufactures conductors, power cables, electrical wires, and other specialised electrical products, while also executing EPC projects in power, railways, solar, and infrastructure.
Its business operates through two key segments—Manufacturing and EPC. By supplying products to power utilities, EPC contractors, and international customers while combining in-house manufacturing with project execution, the company aims to improve operational efficiency and strengthen its supply chain.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
2,041.07 |
1,917.97 |
1,407.32 |
|
Operating EBITDA |
238.95 |
222.94 |
145.09 |
|
Profit After Tax (PAT) |
159.99 |
124.59 |
86.61 |
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