04 Sep 2026
Trilegal advised Lumino Industries Limited (“Company”) and Devendra Goel and Jay Goel (collectively, the “Promoter Selling Shareholders”) as their legal advisor in connection with the initial public offering of equity shares (“IPO”).
The IPO comprised a fresh issue of 60,975,609 equity shares of face value ₹5 each, aggregating to ₹5,000 million by the Company (“Fresh Issue”), and an offer for sale of 24,390,242 equity shares of face value ₹5 each, aggregating to ₹2,000 million by the Promoter Selling Shareholders (“Offer for Sale”).
Lumino Industries Limited is a product-driven integrated engineering, procurement and construction player in India, with a strong focus on manufacturing and supplying conductors, power cables, electrical wires, and other specialised products and components to the growing power transmission and distribution industry in India.
Motilal Oswal Investment Advisors Limited, JM Financial Limited and Monarch Networth Capital Limited acted as the Book Running Lead Managers to the IPO.
The Trilegal Capital Markets Team advising on the matter was led by Partner: Abhinav Maker; and supported by Senior Associate: Maniya Goyal and Associates: Ipsita Sahoo, Varda Saxena, and Tejas Kothari; and Trainee Associate: Saloni Mehta.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 161 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.
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