India, Aug. 26 -- Lumino Industries is launching an IPO of up to Rs. 700 crore. This includes a fresh issue of up to Rs. 500 crore and an offer for sale of up to Rs. 200 crore by promoter shareholders Devendra Goel and Jay Goel. The public offer will open on August 27 and close on August 31, 2026.

The company traces its operating history back to 1989, when the original partnership business began manufacturing cables, conductors and other electrical goods. Lumino Industries Limited was incorporated in 2005 and took over that business as a going concern.

At first glance, Lumino may look like another cable and conductor manufacturer. But that is only one part of the business. It describes itself as an integrated, product-driven engineerin...