Lumino Industries is entering the final day of its IPO subscription today. The mainboard issue has a price band of Rs. 78–82 per share and comprises a fresh issue of Rs. 500 cr. along with an offer for sale.
The company operates in the electrical and power-infrastructure segment, giving investors exposure to India’s expanding transmission and power-distribution requirements.
The final subscription numbers will be important in determining investor demand ahead of the expected listing.
