Mumbai: The Initial Public Offering of Lumino Industries Limited IPO was subscribed 118.07 times on the final day of bidding.

The issue received bids of 7,46,59,52,130 equity shares against the offered 6,32,05,127 equity shares, according to data available on the stock exchanges.

Qualified Institutional Buyers (QIB) and Non-institutional investors portion were subscribed 221.43 times and 176.42 times, respectively. Retail Portion was subscribed 38.50 times whereas employee reserved portion was subscribed 11.89 times.