The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
Lumino Industries IPO Lot Size & Minimum Investment by investor category
Application
Shares
Amount at ₹82
Retail (min)1 lot
182
₹14,924
Retail (max)13 lots
2,366
₹1,94,012
sHNI (min)14 lots
2,548
₹2,08,936
bHNI (min)68 lots
12,376
₹10,14,832
One lot is 182 shares, so a single application at the ₹82 cut-off costs ₹14,924. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Lumino Industries IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
The company is an integrated engineering, procurement, and construction (EPC) player with in-house manufacturing capabilities for conductors and power cables.
The company has a strong focus on manufacturing and supplying conductors, power cables, and electrical wires, along with other specialized products and components.
The company has a diversified product portfolio and a wide range of cables and conductors, including low voltage power cables, high voltage power cables, instrumentation cables, solar cables, railway signalling cable, flexible electrical wire, overhead aluminium conductors, and HTLS conductors.
The company has a strategic approach to expanding its business scope and providing a platform to directly supply and implement its in-house manufactured conductors.
The company has a strong market presence, diversified revenue streams, and increased profitability by ensuring consistent demand for its products and participating in the growing infrastructure and energy sectors.
The company has received UL certification, which is a critical requirement for expanding its market reach in the U.S. and European markets.
The company has a strong financial position and is well-placed to capitalize on the growing demand for power infrastructure and energy sectors.
▼ Risk factors (7)
The company's revenues are substantially dependent on orders from state-owned electricity boards (SEBs) and public sector power utilities.
Revenue from the top 10 customers comprises a significant portion of the company's revenue, and adverse changes affecting their financial condition or loss of customers will have an adverse effect on the business.
The sale of cables and conductors manufactured by the company contributes a significant portion to its revenue, and any adverse development in its manufacturing business could have an adverse effect on its business, cash flows, results of operation, and financial position.
Any increases or fluctuations in prices of, or delay or disruption in supply of primary raw materials could affect the company's estimated costs, expenditures and timelines.
The company's revenues from its EPC segment are dependent upon its ability to effectively secure contracts awarded through competitive bidding.
The company has high working capital requirements, and delays in collection of receivables or inability to access suitable financing could adversely affect its business, prospects, financial condition, and results of operations.
The company has had negative cash flow from operating activities in the past and may continue to have negative cash flows in the future, which could adversely affect its profitability if it is required to fund this through external borrowings.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Lumino Industries Limited, the registrar is Bigshare Services Private Limited — allotment is finalised in the days between the issue closing on 31 Aug 2026 and listing on 03 Sept 2026.
By Bigshare Services; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Wed, 02 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Thu, 03 Sept, 2026
NSE · trading from 10:00 am IST
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
Lumino Industries IPO Price Band & Lot Size FAQs
What is the price band of Lumino Industries IPO?
The Lumino Industries Limited IPO price band is ₹82 to ₹82 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Lumino Industries IPO?
One lot is 182 shares, so a single application at the ₹82 cut-off costs ₹14,924. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
What is the minimum investment in Lumino Industries IPO?
₹14,924 — one lot of 182 shares at ₹82. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Lumino Industries IPO a mainboard or SME issue, and on which exchange?
Lumino Industries Limited is a mainboard issue listing on NSE. The lead manager is Motilal Oswal Investment Advisors Limited.
What is the issue size of Lumino Industries IPO?
The issue size is ₹700 crore, of which ₹500 crore is a fresh issue and ₹200 crore an offer for sale by existing shareholders.
Lumino Industries IPO Registrar where allotment and refund queries go
RegistrarBigshare Services Private Limited
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Lumino Industries IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (31 Aug 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Bigshare Services Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹40 on a ₹82 upper band means the grey market is dealing at ₹122.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.