Bookbuilding IPO | ₹1,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Lumino Industries Ltd. on June 9, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Lumino Industries Ltd. IPO is a Book Build Issue of ₹1,000.00 crores consisting of a fresh issue of shares worth Rs ₹600.00 crores and an offer for sale (OFS) of ₹400.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Lumino Industries IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹600 Cr) |
| Offer for Sale | [.] shares of ₹5 (agg. up to ₹400 Cr) |
| Share Holding Pre Issue | 24,35,78,096 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Jan 23, 2025 |
| SEBI/Exchange approval received | Mon, Jun 9, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2005, Lumino Industries Limited is a product-driven engineering, procurement, and construction(EPC) company manufacturing and supplying conductors, power cables, electrical wires, and specialised components for India's power distribution and transmission industry.
The company manufactures high-temperature, low-sag (HTLS) conductors for distribution and transmission lines and is the fastest-growing player in the conductors, power cables, and EPC industry.
The company has developed a product-driven business model focused on designing, manufacturing, and distributing specialised products for power distribution, industrial, renewable energy, and communication applications.
The company supplies products to international clients, including government-owned electricity companies in countries like the USA, Nepal, and Ghana. In Fiscal 2024, 62.38% of EPC project products were manufactured in-house.
The company's electrical wire business operates in four states in India through a network of approximately 122 distributors.
The company operates two manufacturing facilities in Howrah, West Bengal, with a combined capacity of 40,000 MT of aluminium per year, and three warehouses covering approximately 110,000 sq. ft.
Business Segments:
Products:
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1,618.06 | 1,176.74 | 851.14 | 697.34 |
| Total Income | 969.62 | 1,427.03 | 773.10 | 616.91 |
| Profit After Tax | 63.70 | 86.61 | 19.40 | 33.74 |
| NET Worth | 502.35 | 438.99 | 352.47 | 333.06 |
| Reserves and Surplus | 477.22 | 413.86 | 327.34 | 320.11 |
| Total Borrowing | 769.97 | 442.27 | 305.43 | 199.95 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Susan Electricals India Ltd. | SME | ₹70.38 Cr | ₹127 | 10.85 | ₹195.30 | +53.78% | ₹223.45 (-0.82%) |
| Systematic Industries Ltd. | SME | ₹115.60 Cr | ₹195 | 17.75 | ₹196.45 | +0.74% | ₹171.20 (+1.60%) |
| Prime Cable Industries Ltd. | SME | ₹40.04 Cr | ₹83 | 15.6 | ₹78.30 | -5.66% | ₹156.95 (+4.98%) |
| JD Cables Ltd. | SME | ₹95.99 Cr | ₹152 | 11.66 | ₹157.90 | +3.88% | ₹249.65 (+2.67%) |
| Bhadora Industries Ltd. | SME | ₹55.62 Cr | ₹103 | 12.6 | ₹105.95 | +2.86% | ₹87.90 (-2.55%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or re-payment, in full or in part,of certain outstanding borrowings availed by Company | 420.00 |
| 2 | Capital expenditure by Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility | 15.08 |
| 3 | General corporate purposes | |
| Total | 435.08 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.52% |
| ROCE | 19.60% |
| Debt/Equity | 0.95 |
| RoNW | 21.52% |
| PAT Margin | 6.07% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lumino Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹1,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Lumino Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Lumino Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Lumino Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Lumino Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Lumino Industries IPO dates are not announced. Please check back again after some time.
Lumino Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Lumino Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Lumino Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Lumino Industries IPO allotment status.
The Lumino Industries IPO listing date is not yet announced. The tentative date of listing is .
