Lumino Industries IPO
Lumino Industries Limited (LUMINO) · mainboard IPO on NSE and BSE · Book Building. Listed on 03 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +45.1% (likely range +22% to +66%), day's high +56.8%, chance of a gain 95%. Actual: +34.1% at the open, +45.1% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,76,92,307 | 3,91,76,11,516 | 221x | |
| NII (HNI) total | 1,32,69,231 | 2,34,10,20,318 | 176x | |
| Big NII (above ₹10 lakh) | 88,46,154 | 1,69,89,86,016 | 192x | |
| Small NII (₹2-10 lakh) | 44,23,077 | 64,20,34,302 | 145x | |
| Retail | 3,09,61,538 | 1,19,20,79,980 | 38.5x | |
| Employees | 12,82,051 | 1,52,40,316 | 11.9x | |
| Total | 6,32,05,127 | 7,46,59,52,130 | 118x |
Bids on NSE and BSE together, as published by NSE, as of 31 Aug 2026, 06:57 PM. Shares offered exclude the anchor portion. 14% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Lumino Industries's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| CMR Green TechnologiesJun 2026 | 270x | 172x | 27.0x | 127x | ₹631 Cr | +39.6% | +40.1% |
| Corona RemediesDec 2025 | 279x | 209x | 28.7x | 137x | ₹691 Cr | +38.4% | +41.0% |
| Augmont EnterprisesAug 2026 | 227x | 121x | 31.0x | 106x | ₹867 Cr | +21.9% | +29.4% |
| KusumgarJul 2026 | 284x | 165x | 26.5x | 129x | ₹685 Cr | +35.8% | +49.4% |
| GNG ElectronicsJul 2025 | 266x | 228x | 46.8x | 148x | ₹479 Cr | +49.8% | +51.6% |
| Ardee IndustriesAug 2026 | 198x | 255x | 45.7x | 134x | ₹440 Cr | +35.9% | +38.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| JM Financial | 109 | +22.8% | 75% |
| Monarch Networth Capital | 6 | +23.6% | 67% |
Offer documents (NSE)
Frequently asked
What is the Lumino Industries IPO price band and lot size? ₹78.0–82.0 per share, with a lot of 182 shares, so the smallest retail bid is ₹14,924.
How many times has it been subscribed? 118x overall: QIB 221x, NII 176x, retail 38.5x, employees 11.9x.
How did it list? It opened at ₹110, +34.1% against the issue price of ₹82.0, and closed its first day +34.5%.
