Lumino Industries Share Price

Historically, a partnership firm by the name Lumino Industries' was formed with effect from September 1, 1989 at Calcutta, West Bengal to commence the business of manufacturing cables, conductors and other electrical goods, pursuant to a Partnership Deed dated September 1, 1989 entered into between Deepak Goel and Shanti Devi Goel. Subsequently, Company took over the business operated by the partnership firm, Lumino Industries, as a going concern. Thereafter, Lumino Industries Limited was incorporated as a Public Limited Company dated March 30, 2005 issued by the RoC, West Bengal. Lumino Industries is a product-driven integrated engineering, procurement and construction (EPC) player in India, with strong focus on manufacturing and supplying conductors, cables and wires and other specialised products and components to the growing power distribution and transmission industry in India. It also manufacture high temperature low-sag (HTLS) conductors used in distribution and transmission lines in India. The Company commenced business in 1989 as a power conductor and cables manufacturer. It established a factory for production in Kolkata, West Bengal in 1999. Later, in 2007, it diversified the business activities into power distribution EPC sector and further into solar EPC sector in 2018. The Company set up furnace in Howrah, West Bengal for production of aluminium alloy rods and aluminium wire rod in 2019 and diversified the business into manufacturing of High-tension low sag (HTLS) conductors in 2020. The Company entered the electrical wire business, making it operational in 4 states in FY23. The Company launched the IPO by issuing 85,365,851 Equity shares of Rs 5 each and raised proceeds of Rs 700 crore on 31 August 2026. The IPO comprise the fresh issue of 60,975,609 equity shares amounting to Rs 500 crore and the offer for sale of 24,390,242 equity shares amounting to Rs 200 crore. The Company has commissioned a power distribution EPC project in Rwanda, Africa in FY 2026.