Lumino Industries has fixed the price band for its Rs 700 crore IPO at Rs 78–Rs 82 per share, with the issue set to open for subscription on August 27 and close on August 31. The IPO comprises a Rs 500 crore fresh issue and a Rs 200 crore offer for sale, with a substantial portion of the fresh issue proceeds earmarked for debt repayment.
Lumino Industries has fixed the price band for its Rs 700 crore IPO at Rs 78–Rs 82 per share, with the issue set to open for subscription on August 27 and close on August 31. The IPO comprises a Rs 500 crore fresh issue and a Rs 200 crore offer for sale, with a substantial portion of the fresh issue proceeds earmarked for debt repayment.
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