Lumino Industries IPO GMP, Open Date, Price Band, DRHP Filed

Lumino Industries IPO GMP will be available once the IPO is open for subscription. Lumino Industries files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the second week of May 2025. This upcoming IPO is a book-built issue offering a combination of fresh issue and offers for sale. The company is offering worth up to Rs 600 crore equity shares as a fresh issue and worth up to Rs 400 crore equity shares as an offer for sale.

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Lumino Industries IPO GMP

Lumino Industries IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the second day of subscription.

Lumino Industries IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases. 

However, if the Live IPO GMP quotes are 10% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Lumino Industries IPO, GMP is expected to quote the initial ticks at a premium of 12% or above.

Lumino Industries IPO Open Date, Close Date

Lumino Industries IPO's open date and close date are expected to be in the second week of May 2025. However, as of now, the open and close date has not yet been finalised.

Lumino Industries IPO Price Band

Lumino Industries IPO price band will be available soon. The minimum amount of investment for the retail category is to be under Rs 15,000, and for small HNI, the minimum investment amount will be under Rs 2,10,000.

Lumino Industries IPO Issue Size

Lumino Industries IPO issue size is of worth up to Rs 600 crore equity shares as a fresh issue and worth up to Rs 400 crore equity shares as an offer for sale. The total number of equity shares that will be issued in this IPO is not yet disclosed however, the total aggregate size of this IPO in rupees is Rs 1000 crores.

Lumino Industries IPO Allotment Status

Lumino Industries IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Lumino Industries IPO Listing Date

Lumino Industries IPO's listing date is expected to be around second week of May 2025. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Lumino Industries IPO: Listing Date, Lot Size, Price Band

Lumino Industries Limited: About the Company

Lumino Industries Limited, incorporated on March 30, 2005, is a Kolkata-based company specialising in the manufacturing of electrical products, including cables, conductors, and wires. The company operates a state-of-the-art manufacturing facility in Howrah, West Bengal, and has extensive experience in the power and energy sector.

Lumino Industries is also involved in engineering, procurement, and construction (EPC) projects. They cover service areas like power distribution and transmission systems, railway electrification, and solar power projects. The company focuses on delivering high-quality products and solutions to meet industry standards.

Led by Chairman Mr Purushottam Dass Goel and Managing Director Mr Devendra Goel, Lumino Industries is committed to innovation and sustainable practices. It also engages in community development through corporate social responsibility initiatives. With its expertise and reliable supply chain, the company serves both domestic and international markets effectively. 

Lumino Industries IPO Objectives

Lumino Industries IPO's objective is to utilise the net proceeds towards prepayment or re-payment in full or in part of certain outstanding borrowings availed by the company amounting Rs 420 crore, capital expenditure by the company for purchase of equipment and machinery, civil works and interior development of an existing manufacturing facility amounting Rs 15.08 crore and into general corporate purposes. (The information mentioned in the paragraph is as per DRHP filed with SEBI by the company).

Lumino Industries IPO: Key Dates, Allotment, Listing Date

Lumino Industries Financials (Amt in Rs Cr)

Vidya Wires Limited posted revenue of Rs 1,407.32 crore and Profit After Tax reported Rs 86.63 crore for the period ending on March 31, 2024. The company's revenue increased by 85.12% and PAT massively increased by 346.55% for the FY ending 2024 compared to FY ending 2023.

Lumino Industries IPO Subscription Details, IPO Reservation

Lumino Industries IPO subscription details will be available soon. Lumino Industries IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Lumino Industries IPO Lot Size Details

Lumino Industries IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be under 15,000, and for small HNI, the minimum investment will be under 2,10,000.

Lumino Industries IPO Promoter Holdings

Lumino Industries promoters are Purushottam Dass Goel, Devendra Goel And Jay Goel. The promoter’s shareholdings before the IPO were 84.90 %; however, after the IPO, shareholdings will decline.

Lumino Industries IPO Registrar

Lumino Industries IPO registrar is Bigshare Services Private Limited. On the date of allotment, investors can visit the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Lumino Industries IPO Lead Managers

Lumino Industries IPO lead managers are Motilal Oswal Investment Advisors Limited, JM Financial Limited and Monarch Networth Capital Limited.

How to apply to Lumino Industries IPO

Interested investors can apply to the Lumino Industries IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO on the Bigul app and website.

Lumino Industries IPO FAQ

1. What are the details of the Lumino Industries IPO?

Lumino Industries IPO is a book-built issue offering a fresh issue worth up to 600 crore equity shares and worth up to Rs 400 crore equity shares as an offer for sale, aggregating a total issue size of Rs 1000 crore.

2. When will the Lumino Industries IPO open and close?

Lumino Industries IPO's open date is expected to be in the second week of May 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Lumino Industries IPO GMP?

Lumino Industries IPO GMP quotation is not yet available. You can check the latest GMP price and reliable GMP soon once the subscription starts. If the subscription is oversubscribed, then Lumino Industries IPO GMP will also rise.

4. Write the details of the IPO Allotment Status.

Lumino Industries IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and the lead managers for Lumino Industries IPO?

Lumino Industries IPO registrar is Bigshare Services Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID. The lead managers of Lumino Industries IPO are Motilal Oswal Investment Advisors Limited, JM Financial Limited and Monarch Networth Capital Limited.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?