| Event | Date |
|---|---|
| Open Date | 27-08-2026 , Thursday |
| Close Date | 31-08-2026 , Monday |
| Tentative Allotment | 01-09-2026 , Tuesday |
| Tentative Listing Date | 03-09-2026 , Thursday |
| Retail Appl. Cut Off Time | 31-08-2026 , Monday 05:00 PM |
| Non Retail Appl. Cut Off Time | 31-08-2026 , Monday 04:00 PM |
| Anchor Allotment | 25-08-2026 , Tuesday |
| Initiation Of Refund | 01-09-2026 , Tuesday |
| Credit Of Share To Demat | 02-09-2026 , Wednesday |
| Category | Percentage | No. of Shares Offered | Amount |
|---|---|---|---|
QIB | 50.00 % | 4,20,73,169 | 345.00 Cr |
SHNI | 5.00 % | 42,07,317 | 34.50 Cr |
BHNI | 10.00 % | 84,14,635 | 69.00 Cr |
Total HNI | 15.00 % | 1,26,21,952 | 103.50 Cr |
Retail | 35.00 % | 2,94,51,220 | 241.50 Cr |
Employee | 0.00 % | 12,19,512 | 10.00 Cr |
Lumino Industries Ltd allotted 2,52,43,901 equity shares to anchor investors at ₹82 per share on 25 Aug 2026 before the IPO opening. The total anchor allocation stood at 207.00 Cr across 30 anchor investors.
Mutual funds received 1,80,71,114 shares worth 148.18 Cr, representing 71.59% of the total anchor investor allocation. Within the mutual fund portion, HDFC Mutual Fund had the highest fund-house level allocation with 54,80,384 shares worth 44.94 Cr across 6 schemes. Other leading fund houses by allocation included Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Bandhan Mutual Fund and Edelweiss Mutual Fund.
At scheme level, the largest mutual fund allocations included HDFC TRUSTEE COMPANY LIMITED - HDFC INFRASTRUCTURE FUND, KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK RURAL OPPORTUNITIES FUND, KOTAK CONTRA FUND, KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUND and KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND.
The largest anchor investor received 7.24% of the anchor portion. The top five anchor investors together received 73,02,568 shares, representing about 28.93% of the total anchor allocation.
| Rank | Anchor Investor Name | Shares Allocated | Allocation % | Allocation Amount |
|---|---|---|---|---|
| 1 | HDFC TRUSTEE COMPANY LIMITED - HDFC INFRASTRUCTURE FUND | 18,26,916 | 7.24 % | 14.98 Cr |
| 2 | ABAKKUS GROWTH FUND - OPEN ENDED | 18,21,820 | 7.22 % | 14.94 Cr |
| 3 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK RURAL OPPORTUNITIES FUND | 12,18,308 | 4.83 % | 9.99 Cr |
| 4 | KOTAK CONTRA FUND | 12,17,762 | 4.82 % | 9.99 Cr |
| 5 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUND | 12,17,762 | 4.82 % | 9.99 Cr |
| Rank | Mutual Fund Scheme | AMC | Shares Allocated | Allocation % | Allocation Amount |
|---|---|---|---|---|---|
| 1 | HDFC TRUSTEE COMPANY LIMITED - HDFC INFRASTRUCTURE FUND | HDFC Mutual Fund | 18,26,916 | 7.24 % | 14.98 Cr |
| 2 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK RURAL OPPORTUNITIES FUND | Kotak Mahindra Mutual Fund | 12,18,308 | 4.83 % | 9.99 Cr |
| 3 | KOTAK CONTRA FUND | Kotak Mahindra Mutual Fund | 12,17,762 | 4.82 % | 9.99 Cr |
| 4 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUND | Kotak Mahindra Mutual Fund | 12,17,762 | 4.82 % | 9.99 Cr |
| 5 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND | Kotak Mahindra Mutual Fund | 12,17,762 | 4.82 % | 9.99 Cr |
The figures are based on the company’s stock exchange anchor allotment intimation. Anchor allocation is only an informational disclosure and does not indicate future listing performance.
| Application | Discount | Qty (Lot) | Total |
|---|---|---|---|
Retail MIN | - | 182 (1) | ₹ 14,924 |
Retail MAX | - | 2366 (13) | ₹ 1,94,012 |
SHNI MIN | - | 2548 (14) | ₹ 2,08,936 |
SHNI MAX | - | 12194 (67) | ₹ 9,99,908 |
BHNI MIN | - | 12376 (68) | ₹ 10,14,832 |
Employee MIN | - | 182 (1) | ₹ 14,924 |
Employee MAX | - | 6006 (33) | ₹ 4,92,492 |
| Objective | No Of Shares | Amount |
|---|---|---|
Fresh Issue | - | 500.00 Cr |
Offer for Sale | - | 200.00 Cr |
| Name | Contact Person | Telephone | Website | |
|---|---|---|---|---|
Motilal Oswal Investment Advisors Limited | Subodh Mallya / Rohan Aerande | +91 22 7193 4380 | ipo.lumino@motilaloswal.com | www.motilaloswal.com |
JM Financial Limited | Prachee Dhuri | +91 22 6630 3030 | lumino.ipo@jmfl.com | www.jmfl.com |
Monarch Networth Capital Limited | Saahil Kinkhabwala / Aayushi Poddar | +91 22 6647 6400 | ecm@mnclgroup.com | www.mnclgroup.com |
Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.
This IPO is of Lumino Industries Ltd. The issue is scheduled to open on Thursday, 27 August 2026 and closes on Monday, 31 August 2026.
After the IPO process is completed, the shares are proposed to be listed on both NSE and BSE.
IPO size means the total amount offered to investors through the public issue.
For Lumino Industries Ltd IPO, the total issue size is Rs 700 crore, consisting of a fresh issue of Rs 500 crore and an Offer for Sale (OFS) of Rs 200 crore.
Price band is the price range within which investors can bid for shares in a book-built IPO.
For this IPO, the lower price band is Rs 78 per share and the upper price band is Rs 82 per share.
Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.
For Lumino Industries Ltd IPO, the minimum lot size is 182 shares. At the upper price band of Rs 82 per share, the minimum application amount is Rs 14,924. Applications must be made in multiples of 182 shares.
Fresh Issue means the company issues new shares to investors and receives money from that part of the IPO.
For Lumino Industries Ltd IPO, the Fresh Issue size is Rs 500 crore. The company can use these funds for purposes mentioned in the IPO documents, such as business growth, repayment of borrowings, working capital, capital expenditure, or general corporate purposes.
Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.
For Lumino Industries Ltd IPO, the Offer for Sale (OFS) size is Rs 200 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.
Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.
The IPO opening date is the first day on which investors can apply for the public issue.
For Lumino Industries Ltd IPO, the IPO opens on Thursday, 27 August 2026.
The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.
Lumino Industries Ltd IPO closes on Monday, 31 August 2026.
The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.
For Lumino Industries Ltd IPO, the tentative allotment date is Tuesday, 01 September 2026.
The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.
Lumino Industries Ltd IPO is expected to list on Thursday, 03 September 2026.
After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.
For Lumino Industries Ltd IPO, refund initiation is expected on Tuesday, 01 September 2026, and credit of shares to demat accounts is expected on Wednesday, 02 September 2026.
Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.
IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.
For Lumino Industries Ltd IPO, the available categories in the structure table include QIB, Retail, Non-Institutional Investors (NII/HNI), Employees. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.
QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.
In Lumino Industries Ltd IPO, 50% shares are reserved under the QIB category, with 4,20,73,169 shares offered, and an allocation amount of ₹345.00 crore.
The Retail category is reserved for individual investors and HUFs applying for up to Rs 2 lakh within the retail investment limit allowed under IPO rules.
In Lumino Industries Ltd IPO, 35% shares are reserved under the Retail category, with 2,94,51,220 shares offered, and an allocation amount of ₹241.50 crore.
NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.
In Lumino Industries Ltd IPO, 15% shares are reserved under the NII/HNI category, with 1,26,21,952 shares offered, and an allocation amount of ₹103.50 crore.
SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.
In Lumino Industries Ltd IPO, 5% shares are reserved under the SHNI sub-category, with 42,07,317 shares offered, and an allocation amount of ₹34.50 crore.
BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.
In Lumino Industries Ltd IPO, 10% shares are reserved under the BHNI sub-category, with 84,14,635 shares offered, and an allocation amount of ₹69.00 crore.
Employee reservation is a special quota reserved for eligible company employees, if applicable.
In Lumino Industries Ltd IPO, 12,19,512 shares are offered under the Employee Reservation category, and an allocation amount of ₹10.00 crore.
Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.
Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.
For Lumino Industries Ltd IPO, the minimum lot size is 182 shares. At the upper price band of Rs 82 per share, the minimum application amount is Rs 14,924. Applications must be made in multiples of 182 shares.
Retail minimum application shows the minimum application size for retail investors.
For Lumino Industries Ltd IPO, the Retail minimum application is 182 shares (1 lot) for about Rs 14,924.
Retail maximum application shows the maximum application size generally available under the retail category.
For Lumino Industries Ltd IPO, the Retail maximum application is 2,366 shares (13 lots) for about Rs 1,94,012.
SHNI minimum application shows the minimum application size for the Small HNI category.
For Lumino Industries Ltd IPO, the SHNI minimum application is 2,548 shares (14 lots) for about Rs 2,08,936.
SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.
For Lumino Industries Ltd IPO, the SHNI maximum application is 12,194 shares (67 lots) for about Rs 9,99,908.
BHNI minimum application shows the minimum application size for the Big HNI category.
For Lumino Industries Ltd IPO, the BHNI minimum application is 12,376 shares (68 lots) for about Rs 10,14,832.
Employee minimum application shows the minimum application size under the employee category, if this category is available in the IPO.
For Lumino Industries Ltd IPO, the Employee minimum application is 182 shares (1 lot) for about Rs 14,924.
Employee maximum application shows the maximum application size under the employee category, if provided in the lot size table.
For Lumino Industries Ltd IPO, the Employee maximum application is 6,006 shares (33 lots) for about Rs 4,92,492.
Understand important financial figures in simple language using the financial statement data available for the IPO.
Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.
The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.
Investors should read the table to understand the company's financial performance and financial position over different periods.
The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.
Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.
Some companies may provide detailed financial breakup, while others may present broader financial categories.
Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.
A single financial figure should not be used alone to judge the company.
Profit is important, but it does not show the full financial picture.
Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.
Cash flow helps investors understand how money moves in and out of the business.
A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.
No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.
Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.
Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.
It helps investors understand the company in a broader industry context.
Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.
It is useful for context, but it should not be treated as a final investment conclusion.
Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.
Investors should compare only relevant and similar metrics.
Investors should use the peer comparison table as a reference point.
Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.
No. Peer Comparison does not directly decide whether an IPO is good or bad.
It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.
No. Peer Comparison is only one part of IPO analysis.
Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.
Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.
Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.
They help investors understand the company beyond basic financial figures.
KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.
They should be reviewed together with financial statements, peer comparison and IPO pricing.
KPI data may differ depending on the company, industry, financial disclosures and available offer document information.
Not every IPO may provide every KPI, and some metrics may not be applicable to every business.
Investors should read KPI metrics together instead of relying on one ratio.
A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.
No. High or low KPI values need context.
The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.
No. KPI data is useful, but it should not be used alone.
Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.