Lumino Industries IPO GMP History
Lumino Industries IPO has been listed on September 3, 2026 at a listing price of ₹110, against the issue price of ₹82 — a gain of ₹28 (+34.15%). The GMP peaked at ₹63 on 29 August 2026 and reached a low of ₹38 on 3 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Lumino Industries IPO raised ₹700 Cr. through its IPO at a price band of ₹78 to ₹82 per share, with a lot size of 182 shares. The IPO was open for subscription from 27 Aug 2026 to 31 Aug 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 03 Sep 2026 | ₹ 38 | ▼ | 46.34% | — | — |
| 02 Sep 2026 | ₹ 39 | — | 47.56% | — | — |
| 01 Sep 2026 | ₹ 39 | ▼ | 47.56% | — | — |
| 31 Aug 2026 | ₹ 48 | ▼ | 58.54% | — | — |
| 30 Aug 2026 | ₹ 61 | ▼ | 74.39% | — | — |
| 29 Aug 2026 | ₹ 63 | ▲ | 76.83% | — | — |
| 28 Aug 2026 | ₹ 61.5 | ▲ | 75.00% | — | — |
| 27 Aug 2026 | ₹ 56 | ▲ | 68.29% | — | — |
| 26 Aug 2026 | ₹ 50 | ▲ | 60.98% | — | — |
| 25 Aug 2026 | ₹ 46 | ▼ | 56.10% | — | — |
| 24 Aug 2026 | ₹ 47 | ▼ | 57.32% | — | — |
| 23 Aug 2026 | ₹ 49 | ▼ | 59.76% | — | — |
| 22 Aug 2026 | ₹ 52 | ▲ | 63.41% | — | — |
| 21 Aug 2026 | ₹ 46 | — | 56.10% | — | — |
Lumino Industries IPO dates
Key dates from opening to listing. Today is 8 October.
- Open 27 Aug 2026
- Close 31 Aug 2026
- Allotment 01 Sep 2026
- Refund/credit 02 Sep 2026
- Listing 03 Sep 2026
Lumino Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹82 |
|---|---|
| GMP-based estimate (pre-listing) | ₹120 (+46.3%) |
| Listing gain / loss | +₹28 per share |
| Listing date | 03 Sep, 2026 |
| Actual listing price | ₹110 (+34.15%) |
Is Lumino Industries IPO GMP reliable?
Grey market premium for Lumino Industries IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Lumino Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Lumino Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Lumino Industries IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Lumino Industries IPO
Lumino Industries Ltd was started in 2005. It is an integrated engineering, procurement and construction company that also manufactures its own products for the power transmission and distribution industry.
The company works through two segments. Its manufacturing segment makes aluminium conductors, power cables and electrical wires, including high-temperature low-sag conductors, known as HTLS conductors, which carry more current on the same line and are used to upgrade existing transmission lines. Its EPC segment takes up power transmission and distribution work, extra high voltage substations, HTLS re-conductoring, railway electrification, solar power projects and water management projects.
The company supplies to major EPC companies in India and also sells abroad to government owned electricity companies, public enterprises and electricity boards in countries including the USA, Mali, Burkina Faso, Cote d'Ivoire, Nepal, Bangladesh, Kenya, Ghana, Rwanda and Ethiopia. As on 31 March 2026 it had 890 permanent employees.
Frequently asked
What is the GMP of Lumino Industries IPO?
The current Grey Market Premium (GMP) of Lumino Industries IPO is ₹ 38.
What is the Kostak Price of Lumino Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Lumino Industries IPO is not available.
What is the Subject to Sauda Price of Lumino Industries IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Lumino Industries IPO?
Lumino Industries IPO listed on September 3, 2026 at ₹110, against the issue price of ₹82 — a gain of +34.15%.
How did the GMP of Lumino Industries IPO trend before listing?
The GMP of Lumino Industries IPO was falling in its final days before listing. The GMP peaked at ₹63 on 29 August 2026. View the day-wise table above for the complete GMP history.
Explore Lumino Industries IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
