Lumino Industries IPO
UpcomingMainboardOpens 27 August 2026Closes 31 August 2026
Lumino Industries Limited (incorporated in 2005) is an engineering, procurement, and construction (EPC) company and manufacturer of conductors, power cables, electrical wires, and specialised components for the power…
Lumino Industries Limited (incorporated in 2005) is an engineering, procurement, and construction (EPC) company and manufacturer of conductors, power cables, electrical wires, and specialised components for the power distribution and transmission industry. The company manufactures high-temperature, low-sag (HTLS) conductors, low voltage and aerial bundled cables, and electrical wires under the 'Lumicon' brand. It operates two manufacturing facilities in Howrah, West Bengal, with a combined capacity of 40,000 MT of aluminium consumption annually, and executes power distribution, railway electrification, and solar projects both in India and internationally.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
27 Aug
IPO Closes
31 Aug
Allotment
1 Sept
Listing
3 Sept
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 27 August 2026 |
| IPO Close Date | 31 August 2026 |
| Allotment Date | 1 September 2026 |
| Listing Date | 3 September 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,742 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,91,646 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,06,388 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,87,714 |
BHNIAbove ₹10,00,000 | 68 | ₹10,02,456 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by Company (₹337.00 Cr).
- Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility (₹15.01 Cr).
- General corporate purposes.
Strengths
- Fastest-growing player in the power EPC industry with well-developed, integrated in-house manufacturing capabilities for specialised products.
- Cost-efficient and unique business model with complementary and integrated manufacturing and EPC business segments.
- Strong and diversified order book covering power transmission and distribution, EHV substations, railway electrification, and solar projects.
- Strategic alliances and partnerships with prominent international companies to combine technologies with the company's project management expertise.
Weaknesses
- High dependence on government and public sector power utilities, which contributed 53.12% of revenue from operations in FY26.
- Customer concentration risk, with top 10 customers comprising 46.52% of revenue from operations in FY26 without long-term supply agreements.
- Vulnerability to raw material price volatility (aluminium, steel, copper, XLPE, PVC) and delays in supply, which could affect project timelines and profitability.
- Working capital-intensive operations that may face constraints if there are delays in customer collections or an inability to arrange suitable financing.
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets (₹ Cr.) | 2,174.88 | 1,718.66 | 1,175.44 |
| Revenue (₹ Cr.) | 2,089.31 | 1,946.68 | 1,424.63 |
| PAT (₹ Cr.) | 160 | 124.59 | 86.61 |
| Net Worth (₹ Cr.) | 729.58 | 570.29 | 445.86 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Lumino Industries | 2.74 | 12.48 | 24.62% | 729.58 |
| Techno Electric & Engg | 2.76 | 26.6 | 11.4% | 357.43 |
| Universal Cables | 3.01 | 28.5 | 8.71% | 545.03 |
| KEI Industries | 8.12 | 54.29 | 13.78% | 697.17 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- Lumino Industries Limited
- Unit No- 12/4, Merlin Acropolis, 1858/1 Rajdanga Main Road, Kolkata 700 107, West Bengal, India
- +91 33 2441 2008
- investor.relation@luminoindustries.com
- https://www.luminoindustries.com/
Registrar Details
- Bigshare Services Private Limited
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://www.bigshareonline.com/
Frequently Asked Questions
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Lumino Industries IPO News & Updates
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Lumino Industries IPO IPO Pages
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Lumino Industries IPO Details
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Lumino Industries IPO GMP
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Lumino Industries IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Lumino Industries IPO Allotment
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Lumino Industries IPO Review
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Lumino Industries IPO FAQ
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Lumino Industries IPO Registrar
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Lumino Industries IPO Timeline
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Lumino Industries IPO News
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Sources
We match Lumino Industries IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Bigshare Services Private LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.