Lumino Industries IPO: ₹700 Crore Issue Opens Soon

Lumino Industries is set to enter the primary market with a ₹700 crore IPO.

The company has fixed the price band at ₹78–₹82 per share, with subscription scheduled from August 27 to August 31, 2026.

Key Highlights 👇

• 💰 IPO Size: ₹700 crore
• 💵 Price Band: ₹78–₹82 per share
• 📅 IPO Opens: August 27, 2026
• 📅 IPO Closes: August 31, 2026
• ⚡ Business: Cables, conductors and power infrastructure
• 🏭 The company also operates across areas such as power transmission, railway electrification and solar projects.

👉 Investor Focus: Before applying, investors should look at the company’s financial performance, valuation, debt levels and how the IPO proceeds will be utilised.

 What Does Lumino Industries Do?

Lumino has an integrated business model with both manufacturing and EPC operations:

• 🔌 Manufacturing: Produces conductors, power cables and electrical wires used in power transmission and distribution.
• ⚡ Power EPC: Executes transmission & distribution projects and EHV substations.
• 🚆 Railway Electrification: Works on railway electrification, including 25 KV overhead equipment systems.
• ☀️ Solar Projects: Executes solar power projects as part of its EPC business.
• 🔧 HTLS Reconductoring: Provides solutions to upgrade transmission lines using high-temperature, low-sag conductors.
• 💧 Water Management: Also undertakes selected water-management infrastructure projects.