Lumino Industries Limited IPO Price: ₹78 to ₹82 per share
IPO Dates: 27 Aug to 31 Aug, 2026
Company Overview
Incorporated in 2005, Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, with a focus on manufacturing and supplying conductors, power cables, electrical wires, and specialised products for the power transmission and distribution industry.
The Company also manufactures high-temperature low-sag (HTLS) conductors used in transmission and distribution lines.
Business Operations
The Company operates through two key segments: Manufacturing and EPC.
Manufacturing Segment
The manufacturing business covers aluminium conductors, power cables, electrical wires, and specialised products for the power transmission and distribution industry.
The Company also manufactures high-temperature low-sag (HTLS) conductors used in transmission and distribution lines.
EPC Segment
The EPC business includes power transmission and distribution projects, EHV substations, HTLS re-conductoring, railway electrification, solar power projects, and water management projects.
Customer Base
Lumino Industries supplies its products to major EPC players in India.
The Company also serves government-owned electricity companies, public enterprises, and electricity boards in international markets.
Global Presence
The Company serves customers across countries including the USA, Mali, Burkina Faso, Côte d’Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda, and Ethiopia.
Workforce
As of March 31, 2026, the Company had 890 permanent employees.
Bidding Starts In
Lumino Industries Limited IPO Specifics:
| IPO Date | 27 to 31 Aug, 2026 |
| Listing Date | Thu, Sep 3, 2026 |
| Face Value | ₹5 per share |
| Price Band | ₹78 to ₹82 |
| Lot Size | 182 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size |
8,53,65,851 shares (agg. up to ₹700 Cr) |
| Fresh Issue |
6,09,75,609 shares (agg. up to ₹500 Cr) |
| Offer for Sale |
2,43,90,242 shares of ₹5 (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 24,35,78,096 shares |
| Share Holding Post Issue | 30,45,53,705 shares |
Lumino Industries Industries Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Thu, Aug 27, 2026 |
| IPO Close | Mon, Aug 31, 2026 |
| Allotment | Tue, Sep 1, 2026 |
| Refund | Wed, Sep 2, 2026 |
| Credit of Shares | Wed, Sep 2, 2026 |
| Listing | Thu, Sep 3, 2026 |
Lumino Industries Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 182 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 182 | ₹14,924 |
| Retail (Max) | 13 | 2,366 | ₹1,94,012 |
| S-HNI (Min) | 14 | 2,548 | ₹2,08,936 |
| S-HNI (Max) | 67 | 12,194 | ₹9,99,908 |
| B-HNI (Min) | 68 | 12,376 | ₹10,14,832 |
Lumino Industries Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
Lumino Industries Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,174.88 | 1,718.66 | 1,175.44 |
| Total Income | 2,089.31 | 1,946.68 | 1,424.63 |
| Profit After Tax | 160.00 | 124.59 | 86.61 |
| EBITDA | 238.95 | 222.94 | 145.09 |
| Net Worth | 729.58 | 570.29 | 445.86 |
| Reserves & Surplus | 606.16 | 446.66 | 413.86 |
| Total Borrowing | 384.16 | 418.83 | 40.91 |
Key Performance Indicator- Lumino Industries Limited IPO
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 24.62% | 24.52% |
| ROCE | 25.75% | 31.89% |
| Debt/Equity | 0.53 | 0.73 |
| RoNW | 24.62% | 24.52% |
| PAT Margin | 7.66% | 6.40% |
| EBITDA Margin | 11.71% | 11.62% |
| NAV | 29.95 | 23.41 |
| Price to Book Value | 2.74 | 3.50 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.57 | 5.25 |
| P/E (x) | 12.48 | 15.62 |
| Market Cap at Offer Price | ₹1,997Cr. | ₹2,497.34 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Lumino Industries Limited IPO RHP
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