
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
Last updated: 3 Sept 2026
Current Premium
Issue Price (Upper)
₹82
Band: ₹78 – ₹82
Estimated Listing Price
₹120
Upper price + GMP
Lot Size
182 shares
Min investment ₹14,924
Estimated Profit / Lot
₹6,916
182 × ₹38
Grey Market Premium trend
+₹38
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹38 | 46.3% | ₹120 |
| 26 Sep 2026 | +₹38 | 46.3% | ₹120 |
| 25 Sep 2026 | +₹34 | 41.7% | ₹116 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 latest grey market premium for Lumino Industries Limited IPO is ₹38, which indicates an expected listing price of ₹120.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.