
Industrials · NSE / BSE
Founded in 2005, Lumino Industries Limited is an engineering, procurement, and construction (EPC) company that manufactures and supplies products like conductors, power cables, electrical wires, and other components used in power distribution and transmission. The company focuses on high-performance products such as high-temperature low-sag (HTLS) conductors and serves sectors like power, industrial, renewable energy, and communication. It follows a product-driven model, handling design, manufacturing, and supply, with a large portion of its EPC project requirements produced in-house. Lumino also supplies to international clients, including government electricity companies in countries like the USA, Nepal, and Ghana, and operates its wire business through a network of distributors across multiple states in India. It has two manufacturing units in Howrah, West Bengal, along with warehouse facilities to support operations. The company operates in two main segments: manufacturing, where it produces aluminium conductors, power cables, and wires under the “Lumicon” brand, and EPC, where it executes projects such as power distribution, substations, railway electrification, and solar projects both in India and abroad.
Price Band
₹78 – ₹82
Issue Size
₹8536.59 L Cr
Lot Size
182 shares
GMP
+46.3%
Est. Listing
₹120
at current GMP
Subscribed
121.18x
overall
Open
27 Aug 2026
Close
31 Aug 2026
Allotment
1 Sep 2026
Refund
2 Sep 2026
Demat Credit
3 Sep 2026
Listing
3 Sep 2026
Overall Subscription
121.18x
Total Demand
QIB Multiplier
222.15x
Institutions & Funds
NII / HNI
185.45x
High Net-Worth
Retail (RII)
40.44x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 16,829,268 | 3,738,548,632 | 222.15x |
| NIB | 12,621,951 | 2,340,678,522 | 185.45x |
| HNIs(10L +) | 8,414,634 | 1,698,973,640 | 201.91x |
| HNIs (2-10L) | 4,207,317 | 641,704,882 | 152.52x |
| RETAIL | 29,451,219 | 1,191,000,902 | 40.44x |
| EMPLOYEES | 1,219,512 | 15,219,750 | 12.48x |
| Total | 72,743,901 | 9,626,126,328 | 121.18x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 161,820 | 5,179,673 | 32.01x |
| EMPLOYEES | — | 58,228 | 0.00x |
| HNIs(10L +) | 3,302 | 130,178 | 39.42x |
| HNIs (2-10L) | 1,651 | 228,941 | 138.67x |
| Total Applications | 166,773 | 5,597,020 | 33.56x |
Lumino Industries Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹8,53,65,851 Crores. The shares are offered at a price band of ₹78 to ₹82 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-08-31, the basis of allotment is scheduled to be finalized on 2026-09-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The Lumino Industries Limited IPO aggregate issue size is ₹8,53,65,851 Crores with an equity price band set at ₹78 to ₹82 per equity share. The retail lot size is 182 shares requiring a minimum capital outlay of approx. ₹14,924.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-01.