Bajal Projects is mentioned as a competitor with a PE ratio of 21 in the electrical products manufacturing segment.
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Lumino Industries IPO | Analysis | GMP | Review
Aug 21, 2026
This video analyzes the Lumino Industries IPO, which opens from August 27th to 31st with a price band of ₹82 and a valuation of approximately ₹500 crore. The company operates in the manufacturing of cables and conductors, and also undertakes EPC projects related to electrical distribution and power transmission. The IPO funds will be used for increasing manufacturing capacity, capital expenditure, and working capital. The company has a significant order book for both manufacturing and EPC projects.
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The Lumino Industries IPO is opening soon, and the company is involved in manufacturing electrical components and undertaking EPC projects, with funds being raised for capacity expansion.
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