Lumino Industries IPO Proceeds Monitoring Report for Q2 FY27

Lumino Industries Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. CRISIL Ratings Limited, the monitoring agency, has confirmed that the utilization of Initial Public Offer (IPO) proceeds is in line with the stated objects. While a portion of unutilized proceeds was invested in debt mutual funds, there was no deviation from the original utilization plan. The IPO, which raised a net proceeds of ₹4,625.92 million (Gross proceeds of ₹5,000.00 million less ₹374.08 million in issue expenses), saw proceeds utilized for repayment of loans, general corporate purposes, and issue expenses.