NSE:LUMINO management interview: Lumino Industries IPO: MD Devendra Goyal Explains Growth Strategy, Debt Repayment & Order Book
ET Now, 2026-08-21. Video: https://www.youtube.com/watch?v=K0yV6qCu_uI
- IPO proceeds deployment: The company is raising ₹500 crores in primary issuance, utilizing approximately ₹350 crores to become virtually debt-free, ₹15 crores to revamp existing facilities, and ₹150 crores for general corporate purposes.
- Manufacturing expansion plans: In the second half of the fiscal year, the company plans to expand its cable manufacturing capacity from low-voltage cables up to 1.1 KV into medium- and high-voltage cables ranging from 3.3 KV to 66 KV.
- Order book composition: Total order book stands at approximately ₹3,000 crores, consisting of ₹1,200 crores on the product side and ₹1,800 crores on the EPC side.
- EBITDA margin profile: Blended EBITDA margins stand at approximately 11.7%, comprising roughly 11.5% in manufacturing and about 12% in EPC, though the company plans to gradually reduce its EPC exposure.