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Lumino Industries fixes IPO price band at Rs 78-82/share, issue to open on Aug 27
Lumino Industries has announced its IPO price range set between Rs 78 and Rs 82 per share. This Rs 700 crore offering will be available for subscription from August 27 to August 31. The plan includes a fresh issue of Rs 500 crore alongside an offer-for-sale of Rs 200 crore. Funds raised are earmarked for debt repayment and upgrading equipment, furthering their focus on power cable and electrical wire manufacturing.
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thehindubusinessline.com
Lumino Industries IPO: ₹700 cr offering to be launched on Aug 27
Lumino Industries plans to launch a ₹700 crore IPO on August 27 to reduce debt and upgrade facilities.
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economictimes.indiatimes.com
Lumino Industries sets price band for Rs 700 crore IPO; issue opens on August 27
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…
