Lumino Industries IPO listing: listed at ₹110, +34.1% over the issue price

Lumino Industries listed on NSE, BSE on 3 Sep 2026 at ₹110 per share, +₹28 (+34.1%) against the upper price band of ₹82. The issue (price band ₹82, bidding 27 Aug 2026 to 31 Aug 2026) was subscribed 124.02x overall. The last grey-market premium we captured before listing was ₹36 on 2 Sep 2026 (daily average of 10 quotes), which ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠​⁠​​​⁠​​​⁠​​​​​⁠⁠​​​​​⁠⁠​​​⁠​⁠​​​​​​​​⁠⁠​​⁠​⁠⁠​⁠⁠⁠​⁠​​​⁠​⁠⁠⁠⁠implied a listing price of ₹118; the shares listed at ₹110, ₹8 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Lumino Industries IPO listing, as recorded on 3 Sep 2026
Listing date3 Sep 2026
ExchangeNSE, BSE
Listing price₹110
Upper price band (issue price basis)₹82
Gain or loss vs upper band+₹28 per share (+34.1%)
Price band₹82
Issue dates27 Aug 2026 to 31 Aug 2026
Subscription (overall, at close)124.02x, as of 31 Aug 2026
Lot size182 shares
Gain or loss per lot vs upper band+₹5,096

Grey-market premium against the actual listing

The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠​⁠​​​⁠​​​⁠​​​​​⁠⁠​​​​​⁠⁠​​​⁠​⁠​​​​​​​​⁠⁠​​⁠​⁠⁠​⁠⁠⁠​⁠​​​⁠​⁠⁠⁠⁠was ₹36 on 2 Sep 2026 (daily average of 10 quotes), which implied a listing price of ₹118; the shares listed at ₹110, ₹8 below that.

Lumino Industries IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹110 on 3 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
21 Aug 2026₹45₹127−₹17 (−13.4%)7
22 Aug 2026₹48₹130−₹20 (−15.4%)12
23 Aug 2026₹51₹133−₹23 (−17.3%)10
24 Aug 2026₹48₹130−₹20 (−15.4%)12
25 Aug 2026₹48₹130−₹20 (−15.4%)5
26 Aug 2026₹47₹129−₹19 (−14.7%)5
27 Aug 2026₹55₹137−₹27 (−19.7%)9
28 Aug 2026₹58₹140−₹30 (−21.4%)9
29 Aug 2026₹62₹144−₹34 (−23.6%)13
30 Aug 2026₹62₹144−₹34 (−23.6%)10
31 Aug 2026₹55₹137−₹27 (−19.7%)10
1 Sep 2026₹43₹125−₹15 (−12.0%)11
2 Sep 2026₹36₹118−₹8 (−6.8%)10

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠​⁠​​​⁠​​​⁠​​​​​⁠⁠​​​​​⁠⁠​​​⁠​⁠​​​​​​​​⁠⁠​​⁠​⁠⁠​⁠⁠⁠​⁠​​​⁠​⁠⁠⁠⁠by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Lumino Industries IPO listing price?

Lumino Industries listed on NSE, BSE on 3 Sep 2026 at ₹110 per share.

How did Lumino Industries list against the issue price?

The listing price of ₹110 was +₹28 per share (+34.1%) against the upper price band of ₹82.

What did the grey market indicate before Lumino Industries listed?

The last grey-market premium we captured before listing was ₹36 on 2 Sep 2026 (daily average of 10 quotes), which implied a listing price of ₹118; the ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠​⁠​​​⁠​​​⁠​​​​​⁠⁠​​​​​⁠⁠​​​⁠​⁠​​​​​​​​⁠⁠​​⁠​⁠⁠​⁠⁠⁠​⁠​​​⁠​⁠⁠⁠⁠shares listed at ₹110, ₹8 below that. GMP is unofficial and not a forecast.

Where do Lumino Industries shares trade now?

On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Lumino Industries IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠⁠⁠​⁠​​​⁠​​​⁠​​​​​⁠⁠​​​​​⁠⁠​​​⁠​⁠​​​​​​​​⁠⁠​​⁠​⁠⁠​⁠⁠⁠​⁠​​​⁠​⁠⁠⁠⁠unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Lumino Industries IPO Listing