Lumino Industries Limited traces its origins to a partnership firm, Lumino Industries, formed on September 1, 1989 in Calcutta, West Bengal by Deepak Goel and Shanti Devi Goel to manufacture cables, conductors and other electrical goods. The company later took over the partnership business as a going concern and was incorporated as a public limited company on March 30, 2005 (RoC, West Bengal).
The company is a product-driven, integrated engineering, procurement and construction (EPC) player focused on the power distribution and transmission sector in India. Its core manufacturing and supply portfolio includes conductors, cables, wires, and other specialised products and components, including high temperature low-sag (HTLS) conductors used in distribution and transmission lines.
Operationally, Lumino established a production factory in Kolkata in 1999. It expanded into power distribution EPC in 2006, entered solar EPC in 2018, set up a furnace in Howrah in 2019 to produce aluminium alloy rods and aluminium wire rods, diversified into HTLS conductor manufacturing in 2020, and secured its first water EPC project in 2023.
The company is planning a public fundraise aggregating to Rs 1,000 crore via equity shares of face value Rs 5 each, comprising a fresh issue of Rs 600 crore and an offer for sale of Rs 400 crore.
