Lumino Industries is set to launch its initial public offering (IPO) on August 27, 2026, with plans to raise around INR 700 crore. The issue will comprise a fresh issue of INR 500 crore along with an offer for sale of up to 2.44 crore equity shares.

Aug 25, 2026

Lumino Industries, a manufacturer of conductors, power cables and electrical wires, has fixed the IPO price band at INR 78–INR 82 per share. The issue will close on August 31, 2026, with the company scheduled to list on the BSE and NSE on September 3, 2026.

Watch: Top Cable Companies in India

The company operates two manufacturing facilities in Howrah, West Bengal, and serves sectors including power distribution, industrial applications, renewable energy and communication. Its portfolio includes aluminium conductors, high-temperature low-sag conductors, power cables and electrical wires.

Also Read: Deepak Deshmukh Appointed President & National Sales Head – B2B Channel at Polycab India

For FY2026, Lumino Industries reported revenue of INR 2,089.31 crore and a profit after tax of INR 160 crore, compared with revenue of INR 1,946.68 crore and profit of INR 124.59 crore in FY2025. A significant portion of the fresh issue proceeds is proposed to be utilised towards repayment or prepayment of certain outstanding borrowings, along with capital expenditure at an existing manufacturing facility.