The brief
Of the IPO proceeds, ₹337 crore will be utilised for payment of debt, and ₹15 crore will be used for capital expenditure Lumino Industries share price listed at 34.15% premium over the IPO price of ₹82. Key points and original sources are listed below.
- 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
