Lumino Industries shares jumps 39.6% on debut, lists at ₹110 on NSE

Business & Economy

What to know

  • Of the IPO proceeds, ₹337 crore will be utilised for payment of debt, and ₹15 crore will be used for capital expenditureS1
  • Lumino Industries share price listed at 34.15% premium over the IPO price of ₹82. The stock opened at ₹110 per share on NSE and ₹109 on NSE.S2
  • Proceeds from the IPO will fund debt repayment, capital expenditure, and general corporate purposes for the integrated EPC company.S3
Timeline · newest first
1mo Thehindubusinessline

Lumino Industries shares jumps 39.6% on debut, lists at ₹110 on NSE

Of the IPO proceeds, ₹337 crore will be utilised for payment of debt, and ₹15 crore will be used for capital expenditure

1mo Livemint

Lumino Industries IPO listing: Shares make debut at 34% premium, lists at ₹110 per share

Lumino Industries share price listed at 34.15% premium over the IPO price of ₹82. The stock opened at ₹110 per share on NSE and ₹109 on NSE.

1mo Feedburner:ndtvprofit Latest

Lumino Industries Shares Makes Strong Debut With 34% Premium On NSE

Proceeds from the IPO will fund debt repayment, capital expenditure, and general corporate purposes for the integrated EPC company.

Lumino Industries shares jumps 39.6% on debut, lists at ₹110 on NSE

3 outlets 3 reports

What to know

  • Of the IPO proceeds, ₹337 crore will be utilised for payment of debt, and ₹15 crore will be used for capital expenditureS1
  • Lumino Industries share price listed at 34.15% premium over the IPO price of ₹82. The stock opened at ₹110 per share on NSE and ₹109 on NSE.S2
  • Proceeds from the IPO will fund debt repayment, capital expenditure, and general corporate purposes for the integrated EPC company.S3
Timeline · newest first

Sources · 3 citations

S1 Thehindubusinessline 1 report · EN
S2 Livemint 1 report · EN