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InvestmentsIPOLumino Industries IPO

Lumino Industries IPO

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Open Date

27 Aug 2026

Close Date

31 Aug 2026

Min Investment

₹ 14,924

Lot Size

182

Issue Size

₹ 700.00 Cr

Price Range

₹ 78 - ₹ 82

Subscribed

-
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status

This IPO is Open for Pre Apply.

IPO Timeline
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IPO Offer Start
27 Aug 2026
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IPO Offer Ends
31 Aug 2026
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Allotment Finalisation
1 Sep 2026
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Refund Initialisation
2 Sep 2026
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Non-Institutional Buyers (sHNI)
2 Sep 2026
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Listing of Shares
3 Sep 2026
IPO Subscription Details as on 27 Aug 2026, 09:08 AM

No Subcription Details for this IPO

IPO subscription details, if any,
will appear here

Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Lumino Industries Limited is a product-driven integrated engineering, procurement and construction (EPC) player in India with strong focus on manufacturing and supplying conductors, power cables and electrical wires to the power transmission and distribution industry. The company operates two key business segments: Manufacturing (aluminium conductors, power cables, and electrical wires) and EPC (power transmission and distribution, EHV substation, re-conductoring with HTLS conductors, railway electrification, solar power projects, and water management projects). The company achieved an Operating EBITDA Margin of 11.71% in Fiscal 2026 and leverages over three decades of experience in the power transmission and distribution industry.
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Founded In

2005

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CEO

Purushottam Dass Goel

Financials of Lumino Industries IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue1,407.321,917.972,041.07
Other Income17.3128.7148.24
Total Income
1,424.631,946.682,089.31
Total Expenses
1,308.671,777.371,884.54
Profit Before Tax115.93168.77204.80
Total Profit
86.61124.59160.00

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to utilize funds from the Net Proceeds towards prepayment or repayment of all, or a portion, of the principal amount on certain loans and the accrued interest thereon. This will help reduce overall outstanding indebtedness, debt servicing costs, assist in maintaining a favourable debt-equity ratio and enable better utilisation of internal accruals for further investment in business growth and expansion.337
The company intends to enhance its manufacturing capabilities at Manufacturing Unit I through purchase of equipment and machinery, civil works and interior developments. The investment will increase production capacity and is expected to lead to a decrease in manufacturing costs. The company will invest in procurement of equipment and machineries to enhance production capacity from MT to MT.15
The company intends to deploy any balance Net Proceeds towards general corporate purposes as approved by management, including but not limited to maintenance of plant and machineries, strategic initiatives, partnership and joint ventures, acquiring fixed assets including furniture and fixtures, meeting any expense including administration, insurance, marketing, repairs and maintenance, payment of taxes and duties, meeting expenses incurred in the ordinary course of business and towards any exigencies.-
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  • Growing player in power EPC industry with in-house manufacturing capabilities: The company is a product-driven integrated EPC player with strong focus on manufacturing conductors, power cables and electrical wires. The company achieved an Operating EBITDA Margin of 11.71% in Fiscal 2026 and has in-sourced 23.08% of products for EPC projects.
  • Cost efficient and unique business model with complimentary and integrated business segments: The company's integration of Manufacturing and EPC segments through product-driven strategy creates competitive advantage. Revenue from Operations grew at a CAGR of 20.43% from Fiscal 2024 to 2026, achieving second highest RoE of 24.62% amongst peers.
  • Well-developed and integrated manufacturing facilities with extensive product range: The company operates two manufacturing facilities with combined capacity of 40,000 MT aluminium consumption per year. The company has received UL Certification and ISO certifications, enabling expansion into U.S. and European markets.
  • Strong and diversified order book: The company's order book was ₹31,498.78 million as at March 31, 2026, comprising ₹19,919.76 million for EPC projects and ₹11,579.02 million for Manufacturing. The company has pan India presence across 26 states and four union territories.
  • Strong strategic alliances and partnerships with prominent international companies: The company has strategic collaboration with CTC Global Corporation for ACCC conductors and joint venture agreements for railway electrification and water EPC projects, enhancing product portfolio and market capabilities.
  • Experienced Promoters and committed management team with skilled workforce: The company is led by experienced management with over three decades of experience in power infrastructure industry. As at March 31, 2026, the company employed 890 permanent employees with 452 qualified engineers in execution team.

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
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