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  5. Lumino Industries
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Lumino Industries

· Mainboard · NSE, BSE

ListedCheck allotment

Price Band

₹78–82

Lot Size

182 shares

Issue Size

₹700 Cr

Min. Investment

₹14,924

  • GMP
  • Subscription
  • Analysis
  • Dates
  • Financials
  • FAQ

Grey Market Premium

Indicative, updates through the day

₹38(+46.34% over cap price)

Cap price plus current GMP: ₹120 — arithmetic, not a forecast

Subscription Status

QIB222.15x
NII178x
bNII194.66x
sNII144.67x
Retail37.78x
Employee11.78x

Lumino IndustriesIPO: In-Depth Research & Market Analysis

Lumino Industries IPO is a Mainboard issue that listed on NSE, BSE on 3 September 2026. The issue price band is fixed at ₹78–₹82 per equity share with a minimum market lot size of 182 shares, bringing the total issue size to ₹700 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,924.

Lumino IndustriesIPO GMP Today & Market Expectations

The latest unlisted Grey Market Premium (GMP) for Lumino Industries IPO is quoted at ₹38, representing a premium of approximately 46.34% over the upper price band of ₹82. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹120, and informal quotes have eased over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.

Lumino IndustriesIPO Subscription Status & Demand Analysis

As per the latest exchange feeds from BSE and NSE, Lumino Industries IPO has been subscribed 118.3x overall — with QIB at 222.15x, NII at 178x, bNII at 194.66x, sNII at 144.67x, Retail at 37.78x, Employee at 11.78x, representing over 54,96,651 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.

How to Apply for Lumino IndustriesIPO & Check Allotment

The minimum investment for retail investors is one lot of 182 shares (approx. ₹14,924 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).

The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 1 September 2026 and listing completed on 3 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.

Data verified against official SEBI RHP & Exchange FeedsEducational Analysis · Not Investment Advice

Listing Performance

Issue Price

₹82

Listed At

₹110

Current Price

₹110.32

Issue Objectives

  • Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company
  • Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility
  • General corporate purposes
  • Issue Expenses

Anchor Investors

Lumino Industries IPO raises ₹207.00 crore from anchor investors. Lumino Industries IPO Anchor bid date is August 25, 2026.

Reservation

CategoryShares Offered%
QIB4,20,73,16950%
− Anchor Investor2,52,43,9010%
− QIB (Ex. Anchor)1,68,29,2680%
NII (HNI)1,26,21,95115%
− bNII > ₹10L84,14,6340%
− sNII < ₹10L42,07,3170%
Retail2,94,51,21935%
Employee12,19,5120%
  • QIB50.0%
  • − Anchor Investor0.0%
  • − QIB (Ex. Anchor)0.0%
  • NII (HNI)15.0%
  • − bNII > ₹10L0.0%
  • − sNII < ₹10L0.0%
  • Retail35.0%
  • Employee0.0%

Market Lot Size

ApplicationLotsSharesAmount
Retail (Min)1182₹14,924
Retail (Max)132366₹1,94,012
S-HNI (Min)142548₹2,08,936
S-HNI (Max)6712194₹9,99,908
B-HNI (Min)6812376₹10,14,832

Financials (₹ Cr)

31 Mar 202431 Mar 202531 Mar 2026
Total AssetsRevenueProfit After Tax

Valuations

EPS (Pre IPO)

6.57

EPS (Post IPO)

5.25

ROE

24.62%

P/E (Pre IPO)

12.48

P/E (Post IPO)

15.62

Price / Book

2.74

Market Cap

₹1,997Cr.

Peers Comparison

CompanyP/EROERevenue
Laser Power & Infra Ltd.16.24₹742.00 Cr
Susan Electricals India Ltd.10.85₹70.38 Cr
Systematic Industries Ltd.17.75₹115.60 Cr
Prime Cable Industries Ltd.15.6₹40.04 Cr
JD Cables Ltd.11.66₹95.99 Cr

Contact Details

Lumino Industries Ltd. Address

  • +91 33 2441 2008
  • investor.relation@luminoindustries.com
  • https://www.luminoindustries.com/

Registrar Contact Details

Bigshare Services Pvt. Ltd.

  • +91 22 6263 8200
  • ipo@bigshareonline.com
  • https://bigshareonline.com
  • Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093

Frequently Asked Questions

As of today, the grey market premium (GMP) for Lumino Industries IPO is ₹38, which is 46.34% over the upper price band of ₹82.

Key Dates

Open Date
27 Aug 2026
Close Date
31 Aug 2026
Basis of Allotment
01 Sept 2026
Listing Date
03 Sept 2026

Issue Details

Registrar
Bigshare Services
Lead Manager(s)
Exchange
NSE, BSE
Check allotment status