Lumino Industries IPO GMP Today: Date, Price, and Listing Date
Lumino Industries IPO opens for subscription on August 27 with a ₹700 crore issue. Check the latest GMP, IPO price, subscription, allotment, lot size and expected listing date.
Lumino Industries IPO GMP: The ₹700 crore IPO will open for subscription from 27 August to 31 August 2026. Lumino Industries' allotment is expected on 1 September, and the shares are likely to be listed on BSE and NSE on 3 September 2026. The price band for the Lumino Industries IPO has been fixed between ₹78 and ₹82 per share.
Lumino Industries IPO GMP: Lumino Industries is an integrated engineering, procurement and construction (EPC) company focused on manufacturing and supplying conductors, power cables, electrical wires and specialised products for the power transmission and distribution industry.
The company is launching a ₹700 crore IPO, comprising a fresh issue of ₹500 crore and an Offer for Sale (OFS) of ₹200 crore.
Lumino Industries IPO Details
Here are the important dates and IPO details investors should know before applying.
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Lumino Industries IPO is worth ₹700 crore and consists of a fresh issue of 6.10 crore shares aggregating to ₹500 crore and an Offer for Sale of 2.44 crore shares aggregating to ₹200 crore.
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Lumino Industries IPO will open for subscription on 27 August 2026 and close on 31 August 2026. The price band has been fixed between ₹78 and ₹82 per share.
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The IPO allotment is expected on 1 September 2026, and the shares are likely to be listed on BSE and NSE on 3 September 2026.
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The IPO has a lot size of 182 shares, requiring a minimum investment of ₹14,924 at the upper price band.
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Promoter and Promoter Group holding stood at 100% before the IPO and declined to 71.97% after the IPO.
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Motilal Oswal Investment Advisors Ltd. is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar of the issue.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
27 August 2026 |
|
IPO Close Date |
31 August 2026 |
|
Expected Allotment Date |
1 September 2026 |
|
Expected Listing Date |
3 September 2026 (BSE & NSE) |
|
Price Band |
₹78 - ₹82 per share |
|
Lot Size |
182 shares |
|
Minimum Investment |
₹14,924 |
|
Fresh Issue |
₹500 crore |
|
Offer for Sale (OFS) |
₹200 crore |
|
Total Issue Size |
₹700 crore |
Lumino Industries IPO GMP Today
Lumino Industries IPO GMP is ₹56 as of 28 August 2026, indicating an estimated listing price of around ₹138 per share against the upper price band of ₹82. This represents an estimated listing premium of approximately 68.29% over the issue price.
GMP figures are provided for informational purposes only. We do not recommend trading in the grey market. Investors should note that Grey Market Premium (GMP) is unofficial and is not regulated by SEBI. It only reflects informal market sentiment and should not be considered a reliable indicator of listing performance or future returns.
READ THIS ALSO: Annu Projects IPO GMP Today
Lumino Industries IPO Day 2 Subscription Status
Annu Projects IPO was subscribed 1.51 times on Day 1, as of 6:20 PM.
Annu Projects IPO was subscribed 5.14 times on Day 2, as of 5:50 PM.
|
Date |
QIB (Ex Anchor) |
NII |
Retail |
EMP |
Total |
|---|---|---|---|---|---|
|
27 Aug (Day 1) |
0.04 |
2.20 |
2.08 |
0.75 |
1.51 |
|
28 Aug (Day 2) |
0.06 |
8.18 |
6.87 |
1.84 |
5.14 |
|
1 Sep (Day 3) |
upcoming |
upcoming |
upcoming |
upcoming |
upcoming |
Source: NSE, as of 28th Aug 2026, 5:50 PM
About Lumino Industries IPO
Lumino Industries is an engineering, procurement and construction (EPC) company. The company is engaged in 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.
Key Verticals
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Manufacturing: The company manufactures aluminium conductors, power cables and electrical wires for the power transmission and distribution industry.
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EPC: Its EPC business includes power transmission and distribution, EHV substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.
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International Business: The company supplies its products to major EPC players in India and also serves international customers, including government-owned electricity companies, public enterprises and electricity boards across countries such as the USA, Mali, Burkina Faso, Côte d'Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia.
As of March 31, 2026, the company had 890 permanent employees.
Lumino Industries IPO Reservation
For the Lumino Industries IPO, the allocation has been divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
Not more than 50% of the Net Offer |
|
Retail Investors |
Not less than 35% of the Net Offer |
|
NII (HNI) Investors |
Not less than 15% of the Net Offer |
Lumino Industries IPO Lot Size
Retail investors can apply for a minimum of 1 lot, comprising 182 shares, requiring an investment of ₹14,924 at the upper price band of ₹82. The maximum retail application is 13 lots.
|
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 Financial Performance
Lumino Industries reported financial growth during FY26. The company's total income increased from ₹1,946.68 crore in FY25 to ₹2,089.31 crore in FY26. PAT also increased from ₹124.58 crore in FY25 to ₹159.99 crore in FY26. Below are the crucial financial performance indicators of the company:
|
Period Ended |
31 Mar 2026 |
31 Mar 2025 |
31 March 2024 |
|---|---|---|---|
|
Total Income (₹ Cr) |
2,089.31 |
1,946.68 |
1,424.62 |
|
EBITDA (₹ Cr) |
238.94 |
222.93 |
145.09 |
|
EBITDA Margin (%) |
11.71 |
11.62 |
10.31 |
|
PAT (₹ Cr) |
159.99 |
124.58 |
86.60 |
|
PAT Margin (%) |
7.66 |
6.40 |
6.08 |
|
ROE (%) |
24.62 |
24.52 |
21.52 |
|
ROCE (%) |
25.75 |
31.89 |
32.27 |
|
Debt-Equity Ratio |
0.53 |
0.73 |
0.09 |
Source: RHP
Lumino Industries IPO Peer Comparison
Among its peers, Lumino Industries has a low diluted EPS; however, a higher EPS is always considered good.
|
Company |
EPS Diluted |
PE |
|---|---|---|
|
Lumino Industries |
6.57 |
NA |
|
Apar Industries |
242.81 |
68.98 |
|
Bajel Projects |
1.74 |
108.66 |
|
Kalpataru Projects International |
60.90 |
22.13 |
|
KEC International |
22.75 |
19.81 |
|
KEI Industries |
96.02 |
58.79 |
|
Universal Cables |
47.01 |
35.51 |
|
Techno Electric & Engineering Company |
40.74 |
25.97 |
Source: RHP
Conclusion
The company proposes to utilise ₹337 crore from the fresh issue towards repayment or prepayment of certain outstanding borrowings and ₹15.01 crore towards capital expenditure. The IPO also includes a ₹200 crore OFS by Devendra Goel and Jay Goel. The GMP of ₹50 currently indicates strong grey-market sentiment, although investors should not treat GMP as a reliable indicator of listing performance.
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