The offer, with a face value of ₹5 per equity share, of the Kolkata-based company comprises a fresh issue up to ₹500 crore and an offer for sale up to ₹200 crore by promoters

Lumino Industries plans to launch a ₹700 crore IPO on August 27 to reduce debt and upgrade facilities.

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…