Lumino Industries Limited has fixed the Price Band of ₹78/- to ₹ 82/- per Equity Share of face value ₹5/- each for its maiden initial public offer. The Company’s Initial Public Offering will open on Thursday, August 27, 2026, for subscription and close on Monday, August 31, 2026.
- Issue Opens: August 27, 2026
- Issue Closes: August 31, 2026
- Face Value: Rs 5
- Price Band: Rs 78 – 82 per share
- Minimum Bid Lot: 182 Equity Shares
Investors can bid for a minimum of 182 Equity Shares and in multiples of 182 Equity Shares thereafter. Equity shares outstanding as on date is 243,578,096 Equity Shares of face value of ₹5 each.
The Offer, with a face value of ₹5 per Equity Share, comprises a fresh up to ₹5,000.00 million and an offer-for-sale up to ₹2,000.00 million by promoters – Devendra Goel and Jay Goel.
The proceeds from its fresh issuance worth ₹3,370 million will be utilized for prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the Company, ₹150.13 million for capital expenditure by the Company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility, and general corporate purposes. The Offer is being made through the book-building process.
