ListedMainboard

Lumino Industries Limited

LUMINO27 Aug 2026 – 31 Aug 2026INE185Q01025
On listing day it
+34.5%
listing-day close vs issue price
Since then, against the issue price
+32.7%
₹108.81 on 11 Sept 2026

Against an issue price of ₹82. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹82
final issue price
Issue size
Lot size
182 sh
₹14,924 a lot
Listed on
3 Sept 2026
NSE
Now trading as LUMINO — see its filed financials and price history →
Notes

Lumino Industries Limited was a mainboard initial public offer.

The book was open from 27 August 2026 to 31 August 2026.

The issue was priced at ₹82 a share, from a band of ₹78 to ₹82.

As of the exchange's 31-Aug-2026 18:57:00 update the book was subscribed 118.1 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 221.43 times, non-institutional investors 176.42 times, retail investors 38.50 times and employees 11.89 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

103.09 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

The shares listed on 3 September 2026.

The last official close on file is ₹109 (11 September 2026), which is 32.7% above the issue price.

It now trades as LUMINO, and its filed financials are on its company page.

How it has done since listing
NSE close · 11 Sept 2026
Issue price
₹82
final issue price
Listing-day move
+34.5%
listing-day close vs issue price
Now vs issue price
+32.7%
11 Sept 2026
Since first close

Shares sold in the issue at ₹82 last closed at ₹108.81.

See LUMINO’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹82
face value ₹5
Lot size
182 sh
₹14,924 a lot
Registrar
Bigshare Services Private Limited
Lead managers
  • Motilal Oswal Investment Advisors Limited
  • JM Financial Limited
  • Monarch Networth Capital Limited
What happens when
5-day book
  1. Bidding opens27 Aug 2026
  2. Bidding closes31 Aug 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing3 Sept 2026
How the bidding is going
as of 31-Aug-2026 18:57:00
118.12x
NSE + BSE combined
746.60 cr bid against 6.32 cr offered
captured 1 Sept 2026, 7:00 pm IST

Investors have bid for 118.12 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)28% of the offer reserved221.43x
3,91,76,11,516 bid · 1,76,92,307 offered
Non-institutional (HNI)21% of the offer reserved176.42x
2,34,10,20,318 bid · 1,32,69,231 offered
Retail49% of the offer reserved38.50x
1,19,20,79,980 bid · 3,09,61,538 offered
Employees2% of the offer reserved11.89x
1,52,40,316 bid · 12,82,051 offered
NSE bids only — a different figure104.69x

Bids placed on NSE alone, excluding BSE. It is smaller than the 118.12x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 31 Aug 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹78
₹79
₹80
₹81
₹82

The columns are near-identical because they are: demand falls only 0.05% between ₹78 and ₹82, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
103.09 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹78 to ₹82
0.05%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    3 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    2 Dec 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    3 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    3 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
12.5x
diluted earnings · 11.9x at the floor
The issuer's chosen peers
48.6x
average of a 19.8x – 108.7x range
Earnings the price leans on
₹5.58
diluted, per share
Earnings per share, by year
YearBasicDilutedWeight
FY2024₹3.56₹3.561
FY2025₹5.11₹5.112
FY2026₹6.57₹6.573

Weighted-average return on net worth over the same years: 24.07%.

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

The numbers behind the offer
from the offer document

Restated figures the issuer is required to publish in its offer document, covering the years before it came to market.

LineFY2024FY2025FY2026
Equity Share capital(₹ million)304.471,217.891,217.89
Net asset value per equity share (₹(₹ per share)18.323.4129.95
Net worth(₹ million)4,389.855,631.297,226.31
Revenue from operations(₹ million)14,073.1519,179.6820,410.73
Return on Equity(%)21.5124.5124.61
Total borrowings(₹ million)409.054,188.283,841.61
Total income(₹ million)14,246.2719,466.8120,893.13

Figures as filed by the issuer in its offer document.

What the money will be used for
from the offer document

What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.

  • Prepayment or re-payment, in full or in part, of certain outstanding3,370₹ million
  • Capital expenditure by our Company for purchase of equipment and150.13₹ million
  • General corporate purposes1,105.79₹ million
  • Total4,625.92₹ million

Figures as filed by the issuer in its offer document.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
JM Financial Limited
20212026
67
14 measurable
+13.3%
Monarch Networth Capital Limited
20222026
7
1 measurable
+34.5%
Motilal Oswal Investment Advisors Limited
20222026
40
5 measurable
+29.1%
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
20212026
212
16 measurable
+19.0%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
7 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.