Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business
Kumar Gaurav

Lumino Industries raises Rs 207 crore from anchor investors; IPO opens on August 27

Integrated engineering, procurement and construction (EPC) player Lumino Industries has announced that it has garnered Rs 206.99 crore from anchor investors ahead of its initial public offering (IPO), which will open for public subscription on Thursday, August 27, 2026. Through its maiden share sale, the company seeks to raise Rs 700 crore from the markets.

The company informed the bourses that it has allocated 25,243,901 equity shares at Rs 82 apiece to anchor investors. Some of the marquee institutions that participated in the anchor book include Citigroup Global Markets Mauritius Private Limited, SBI General Insurance Company Limited, Bajaj Life Insurance Limited, Silver Stride India Global Fund and 3PIM India Equity (IFSC) Fund, among others.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.