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EPC firm Lumino Industries files DRHP for Rs 1,000cr IPO

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....PC firm Lumino Industries files DRHP for Rs 1,000cr IPO <br>PTI News<br>Dated:- 21-1-2025<br>PTI<BR>Kolkata, Jan 21 (PTI) Lumino Industries, an EPC company specialising in conductors, power cables, an....

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....d power EPC projects, has filed its draft red herring prospectus (DRHP) with SEBI to raise Rs 1,000 crore through an initial public offering (IPO). The IPO comprises a mix of a fresh issue of shares ....

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....worth Rs 600 crore and an offer-for-sale (OFS) of Rs 400 crore by promoters. A portion of the offer will be reserved for the eligible employees under the employee reservation portion. In addition, t....

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....he Kolkata-based company, in consultation with the book-running lead managers (BRLMs), may consider a pre-IPO placement of equity shares aggregating up to Rs 120 crore. The company will use Rs 420 cr....

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....ore proceeds from the fresh issue to reduce borrowing. Only a meagre amount of Rs 15 crore will go for capex while the rest will be used for general corporate purposes. The IPO will carry a face val....

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....ue of Rs 5 per equity share. PTI BSM SBN SBN<BR> News - Press release - PIB....