Issue Price
₹82
Per Share
GMP
+₹57
+69.51% Grey Market
Est. Listing
₹139
Expected Price
Min. Application
₹29,848
2 lots × 182 shares
Incorporated in 2005, Lumino Industries Ltd. is an integrated engineering, procurement and construction (EPC) company in India, with a focus on 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.The Company operates through two key segments: Manufacturing and EPC. Its manufacturing business covers aluminium conductors, power cables and electrical wires, while its EPC business includes power transmission and distribution, EHV substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.Lumino Industries 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 Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 16,829,268 | — | ₹138.00 Cr | 0.06x |
| NII / HNI | 12,621,951 | — | ₹103.50 Cr | 8.18x |
| Retail (RII) | 29,451,219 | — | ₹241.50 Cr | 6.87x |
| TOTAL | 60,121,950 | 100.00% | ₹493.00 Cr | 5.14x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 182 | ₹14,924 |
| Retail (Max) | 13 | 2,366 | ₹194,012 |
| sNII (Min) | 14 | 2,548 | ₹208,936 |
| bNII (Min) | 68 | 12,376 | ₹1,014,832 |
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 2089.31 | 1946.68 | 1424.63 |
| EBITDA | 238.95 | 222.94 | 145.09 |
| Profit After Tax (PAT) | 160.00 | 124.59 | 86.61 |
| Net Worth | 729.58 | 570.29 | 445.86 |
| Total Assets | 2174.88 | 1718.66 | 1175.44 |
| Reserves & Surplus | 606.16 | 446.66 | 446.66 |
| Total Borrowings | 384.16 | 418.83 | 40.91 |