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Lumino Industries IPO Listing Price, Gain & Allotment
Listed
Mainboard IPO
BSE, NSE
Listed 3 Sep 2026
· updated 2 months ago
Price band
₹82
GMP
+₹38
Est. listing price₹120
Est. listing gain46.34%
Issue size₹700 Cr
Lumino Industries IPO Details
Open DateThu, 27 Aug 2026
Close DateMon, 31 Aug 2026
Listing DateThu, 3 Sep 2026
Listing AtBSE, NSE
Price Band₹82 per share
Lot Size182 shares
Min. Investment₹14,924
Issue Size₹700 Cr
Lumino Industries IPO Dates & Timeline
Tentative dates follow SEBI's T+3 listing timelineIPO Opens
Thu, 27 Aug
IPO Closes
Mon, 31 Aug
Basis of Allotment
Tue, 1 Sep
Tentative
Refunds Initiated
Wed, 2 Sep
Tentative
Shares Credited to Demat
Wed, 2 Sep
Tentative
Listing Date
Thu, 3 Sep
Lumino Industries IPO GMP Today
All IPO GMP
GMP today
+₹38
Est. listing price
₹120
Est. gain %
46.34%
Est. profit / lot
₹6,916
GMP is an unofficial grey-market indicator and can change quickly. It does not guarantee listing gains.
Try the GMP calculator · What is GMP? · GMP of all IPOs
Final visitor sentiment
Visitor opinion poll, not investment advice.
Lumino Industries IPO Subscription Status
As of 31 Aug, 6:57 PM
Retail (RII)
38.50x
NII / HNI
176.42x
bHNI (>₹10L)
192.06x
sHNI (₹2–10L)
145.16x
QIB
221.43x
Employees
11.89x
Total
118.12x
Times subscribed per category, from NSE (bids on NSE and BSE combined). Final figures after bidding closed.
Lumino Industries IPO Listing Price & Gain
Issue price₹82
Listing price (NSE)₹110
Listing gain+34.15%
Listing-day close₹110.32 (+34.5%)
The last GMP before listing (₹38) pointed to about ₹120; the shares opened 12.2 points below that estimate. How accurate is GMP?
Lumino Industries IPO Allotment Status
The registrar for this IPO is Bigshare Services. You can also check on the exchange websites using your PAN or application number.
New to this? Read how to check IPO allotment status or see all IPOs awaiting allotment.
Lumino Industries IPO Lot Size & Minimum Investment
At upper price band of ₹82| 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 IPO analysis: what the numbers say
The ₹700 Cr issue combines a fresh issue of ₹500 Cr, which goes to the company, and an offer for sale (OFS) of ₹200 Cr by existing shareholders, so about 71% of the money raised reaches the business. Promoter holding falls from 100% to 71.97% after the issue.
Revenue rose from ₹1,424.63 Cr in FY24 to ₹2,089.31 Cr in FY26, a compound annual growth of 21.1%. Profit after tax grew from ₹86.61 Cr to ₹160 Cr. That is a net profit margin of 7.7% in FY26. Borrowings were 0.53 times net worth at the end of FY26.
The issue closed subscribed 118.12x overall (QIB 221.43x, NII 176.42x and retail 38.50x). Lumino Industries listed at ₹110 on 3 Sep 2026, +34.2% against the issue price of ₹82. The last GMP before listing had pointed to about ₹120, so it opened 12.2 points below the grey market estimate. It closed the first day at ₹110.32 (+34.5%).
Worked out by IPO Darbaar from the offer document, exchange data and the latest GMP. For information only, not a recommendation.
Lumino Industries IPO Issue Structure
Fresh issue ₹500 Cr (71.4%)
Offer for sale ₹200 Cr (28.6%)
Face value₹5 / share
Market cap (post issue)—
Promoter holding (pre)100%
Promoter holding (post)71.97%
- Promoters
- Purushottam Dass Goel, Devendra Goel, Jay Goel
- Book running lead managers
- Motilal Oswal Investment Advisors Ltd.
Objects of the Lumino Industries IPO
- Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company. ~ Rs. 337 Cr.
- Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility. ~ Rs. 15.01 Cr.
- General Corporate Purposes.
Lumino Industries IPO Strengths & Risks
Strengths
- Integrated Manufacturing Facilities
- Strong Strategic Partnerships
- Experienced Management & Skilled Workforce
Risks
- Price fluctuations, delays, or interruptions in the supply of steel, copper, aluminum, XLPE, and PVC compounds can raise costs and have an impact on project schedules and financial results.
- Getting contracts through competitive bidding is essential to EPC's earnings. Results and cash flows may fluctuate due to fierce competition in the power transmission and distribution industry.
- With substantial trade receivables and inventories, the company has a high working capital requirement. The business and financial performance may be negatively impacted by customer collection delays or the inability to secure appropriate funding.
Lumino Industries Financials
Restated, ₹ crore
FY24
FY25
FY26
Revenue Profit after tax
| Period ended | FY2431 Mar 2024 | FY2531 Mar 2025 | FY2631 Mar 2026 |
|---|---|---|---|
| Revenue | 1,424.63 | 1,946.68 | 2,089.31 |
| Profit after tax | 86.61 | 124.59 | 160 |
| Net worth | 445.86 | 570.29 | 729.58 |
| Total assets | 1,175.44 | 1,718.66 | 2,174.88 |
| Total borrowings | 40.91 | 418.83 | 384.16 |
| PAT margin | 6.08% | 6.4% | 7.66% |
Lumino Industries Key Performance Indicators (KPIs)
ROE24.62%
ROCE25.75%
RoNW24.62%
Debt / Equity0.53
About Lumino Industries IPO
Lumino Industries is a mainboard IPO worth ₹700 crore with a price band of ₹82 per share. The issue opens on 27 August 2026 and closes on 31 August 2026. Shares are expected to list on 3 September 2026 on BSE, NSE.
Lumino Industries IPO is a Mainboard IPO with an issue size of Rs. 700 Cr by Lumino Industries Limited, which is a product-driven engineering, procurement, and construction (EPC) business that produces and supplies electrical wires, power cables, conductors, and specialized components for the power distribution and transmission sector in India.
Designing, producing, and distributing specialized products for power distribution, industrial, renewable energy, and communication applications is the company's product-driven business model. Through a network of about 104 wholesalers, the company's electrical wire business operates in four Indian states.
The company has three warehouses totaling about 110,000 square feet and two manufacturing facilities in Howrah, West Bengal, with a combined capacity of 40,000 MT of aluminum annually.
This new IPO is to be launched on 27 Aug 2026, and its ‘initial public offering’ will end on 31 Aug 2026.
Lumino Industries IPO: FAQs
What is the subscription status of Lumino Industries IPO?
The issue closed subscribed 118.12x overall (QIB 221.43x, NII 176.42x and retail 38.50x). Figures are from NSE and cover bids on both exchanges.
What was the listing price of Lumino Industries IPO?
Lumino Industries listed at ₹110 on 3 Sep 2026, +34.2% against the issue price of ₹82. The last GMP before listing had pointed to about ₹120, so it opened 12.2 points below the grey market estimate. It closed the first day at ₹110.32 (+34.5%).
What is the price band of Lumino Industries IPO?
The Lumino Industries IPO price band is ₹82 per share and the issue size is ₹700 crore.
What is the lot size and minimum investment for Lumino Industries IPO?
One lot of Lumino Industries IPO has 182 shares. The minimum application for retail investors is 1 lot (182 shares), which costs ₹14,924 at the upper price band.
When does Lumino Industries IPO open and close?
Lumino Industries IPO opens for subscription on Thursday, 27 August 2026 and closes on Monday, 31 August 2026. Bids are accepted until 5 PM on the closing day.
What is the Lumino Industries IPO allotment date?
The basis of allotment for Lumino Industries IPO is expected to have been finalised on Tuesday, 1 September 2026, one working day after the issue closes (SEBI T+3 timeline).
How to check Lumino Industries IPO allotment status?
Visit the website of the registrar, Bigshare Services, select Lumino Industries IPO and search by PAN or application number. You can also check on the IPO allotment status page or on the BSE and NSE websites.
When is Lumino Industries IPO listing date?
Lumino Industries shares listed on BSE, NSE on Thursday, 3 September 2026 at ₹110 per share.
Is Lumino Industries a mainboard or SME IPO?
Lumino Industries is a mainboard IPO, listing on the main board of BSE, NSE.
Last updated 28 Sep 2026, 11:54 PM IST. GMP is unofficial and indicative; dates after the issue closes are tentative. Not investment advice.