Lumino Industries Limited’s Initial Public Offering to open on Thursday, August 27, 2026, Price Band set at Rs 78 – Rs 82 per Equity Share of face value of Rs 5 each (“Equity Shares”)

Bid/Offer Opening Date – Thursday, August 27, 2026 and Bid/Offer Closing Date – Monday, August 31, 2026

Minimum Bid Lot is 182 Equity Shares and in multiples of 182 Equity Shares thereafter

MUMBAI, AUGUST 21, 2026 | GPN, SACHIN MURDESHWAR: Lumino Industries Limited has fixed the Price Band of Rs 78/- to Rs 82/- per Equity Share of face value ₹5/- each for its maiden initial public offer.

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Thursday, August 27, 2026, for subscription and close on Monday, August 31, 2026.

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 Rs 5 each.

The Offer, with a face value of Rs 5 per Equity Share, comprises a fresh up to Rs 5,000.00 million and an offer-for-sale up to Rs 2,000.00 million by promoters – Devendra Goel and Jay Goel.

The proceeds from its fresh issuance worth Rs 3,370 million will be utilized for prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company, Rs 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, in compliance with SEBI ICDR Regulations, wherein not more than 50% of the net offer will be available for allocation to qualified institutional buyers (QIBs), not less than 15% to non-institutional bidders (NIIs), and not less than 35% to retail individual bidders (RIIs).

The Company Spokespersons present at the IPO announcement who interacted with our. newsman Sachin Murdeshwar and the media
were – Mr. Devendra Goel, Managing Director
Mr. Purushottam Dass Goel, Chairperson and Non-Executive Director; Lumino Industries Limited; Mr. Hemant Bhuwania, Chief Financial Officer, Lumino Industries Limited

The Company is a product-driven integrated engineering, procurement and construction (“EPC”) player in India, with strong focus on manufacturing (“Manufacturing”) and supplying conductors, power cables and electrical wires and other specialized products and components to the growing power transmission and distribution industry in India. It also manufactures high-temperature low-sag (“HTLS”) conductors used in distribution and transmission lines in India.

The Company supplies conductors, power cables and other specialized products to large EPC players such as Kalpataru Projects International Limited (formerly known as Kalpataru Power Transmission Limited), Jackson Limited, Warora Kurnool Transmission Limited, K.G.N. Electricals, WRSS XXI (A) Transco Limited, Monte Carlo Limited and R.S. Infraprojects Private Limited. It also caters its products to international clients, which include government owned and controlled electricity companies, public enterprises and electricity boards, in countries such as United States of America, Mali, Burkina Faso, Côte d’Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia. Further, in line with its product-driven strategy and integrated operations, the Company also supplies products for captive consumption in the EPC projects executed by it.
Motilal Oswal Investment Advisors Limited, JM Financial Limited and Monarch Networth Capital Limited are the Book Running Lead Managers to the Offer, and Bigshare Services Private Limited is the Registrar of the Offer.
The Equity Shares are proposed to be listed on BSE and NSE.

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Lumino Industries Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated 2026, with the RoC. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM https://www.motilaloswal.com/, https://www.jmfl.com/ and https://www.mnclgroup.com/, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https://luminoindustries.com/.