Lumino Industries IPO
Lumino Industries IPO is a mainboard public issue of Lumino Industries Limited. The IPO comprises a fresh issue and an offer for sale (OFS) and is being made through the book-building process. The company operates in the power transmission and distribution industry and is engaged in manufacturing conductors, power cables, electrical wires and specialised products along with EPC activities.
Lumino Industries IPO Details
| Particulars | Details |
|---|---|
| Company Name | Lumino Industries Limited |
| IPO Open Date | 27 August 2026 |
| IPO Close Date | 31 August 2026 |
| Price Band | ₹78 to ₹82 per Equity Share |
| Face Value | ₹5 per Equity Share |
| Issue Size | ₹700 Crore |
| Fresh Issue | Up to ₹500 Crore |
| Offer for Sale | Up to ₹200 Crore |
| Lot Size | 182 Shares |
| Minimum Investment | ₹14,924 |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| Allotment Date | 1 September 2026 |
| Refund Date | 2 September 2026 |
| Share Credit Date | 2 September 2026 |
| Tentative Listing Date | 3 September 2026 |
| Registrar | Bigshare Services Private Limited |
Lumino Industries IPO Profile
Lumino Industries Limited is coming up with a ₹700 crore initial public offering. The issue consists of a fresh issue of up to ₹500 crore and an offer for sale of up to ₹200 crore.
The IPO price band has been fixed at ₹78 to ₹82 per share. Investors can apply for a minimum of 182 shares, which requires an investment of approximately ₹14,924 at the upper price band.
- IPO Size: ₹700 Crore
- Fresh Issue: ₹500 Crore
- Offer for Sale: ₹200 Crore
- Price Band: ₹78 – ₹82
- Lot Size: 182 Shares
- Minimum Investment: ₹14,924
- Listing: BSE & NSE
Lumino Industries Company Profile
Lumino Industries Limited was incorporated in 2005 and is engaged in the engineering, procurement and construction (EPC) business along with the manufacturing and supply of electrical and power infrastructure products.
The company's manufacturing portfolio includes aluminium conductors, power cables, electrical wires and specialised products such as High-Temperature Low-Sag (HTLS) conductors, ACSS conductors, ACFR conductors and other power transmission and distribution products.
Its EPC business covers power transmission and distribution projects, EHV substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.
Lumino Industries operates manufacturing facilities in Howrah, West Bengal, and has executed projects across multiple states and selected international markets.
Lumino Industries Business Areas
| Business Segment | Key Activities |
|---|---|
| Power Transmission | Conductors and transmission infrastructure |
| Power Cables | Manufacturing and supply of power cables |
| Electrical Wires | Specialised electrical wire products |
| EPC | Power transmission, distribution and infrastructure projects |
| Solar EPC | Solar power related EPC projects |
| Railway Electrification | Railway electrification projects |
| Water EPC | Water management and related EPC projects |
Lumino Industries Financials
The following table presents key financial information for Lumino Industries for FY2024, FY2025 and FY2026.
| Particulars (₹ Crore) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | ₹1,424.63 Cr | ₹1,946.68 Cr | ₹2,089.31 Cr |
| PAT | ₹86.61 Cr | ₹124.59 Cr | ₹160.00 Cr |
| EBITDA | ₹145.09 Cr | ₹222.94 Cr | ₹238.95 Cr |
| Net Worth | ₹445.86 Cr | ₹570.29 Cr | ₹729.58 Cr |
| Total Assets | ₹1,175.44 Cr | ₹1,718.66 Cr | ₹2,174.88 Cr |
| Borrowings | ₹40.91 Cr | ₹418.83 Cr | ₹384.16 Cr |
Financial Highlights
- FY2024 to FY2026 revenue increased from ₹1,424.63 Cr to ₹2,089.31 Cr.
- PAT increased from ₹86.61 Cr in FY2024 to ₹160 Cr in FY2026.
- Net worth increased to ₹729.58 Cr in FY2026.
- FY2026 EBITDA stood at approximately ₹238.95 Cr.
Lumino Industries IPO Strengths
- Integrated manufacturing and EPC business model.
- Presence in power transmission and distribution infrastructure.
- Wide product portfolio covering conductors, cables and electrical wires.
- Growing revenue and profitability over recent financial years.
- Exposure to infrastructure, power and renewable energy projects.
- Experience in large-scale EPC projects.
Lumino Industries IPO Risks
- Business is exposed to fluctuations in raw material prices.
- EPC projects can involve working capital and execution risks.
- Competition in the power infrastructure and cable industry may impact margins.
- Large infrastructure projects may face delays in execution or payment.
- Investors should carefully read the RHP before making an investment decision.
Lumino Industries IPO Allotment Status
Lumino Industries IPO allotment is expected to be finalised on 1 September 2026. Investors can check their allotment status through the IPO registrar, Bigshare Services Private Limited, after the allotment is finalised.
Lumino Industries IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 27 August 2026 |
| IPO Closes | 31 August 2026 |
| Basis of Allotment | 1 September 2026 |
| Refund Initiation | 2 September 2026 |
| Shares Credit to Demat | 2 September 2026 |
| Listing Date | 3 September 2026 |
