How to Apply for Lumino Industries Limited IPO on Groww
Follow this verified step-by-step walkthrough to submit your application for the Lumino Industries Limited public issue on Groww (Groww App) using UPI mandate.
Step-by-Step Application Walkthrough
- Open the Groww mobile app or website.
- Under the 'Stocks' tab, scroll to the 'IPO' quick-links section.
- Tap on Lumino Industries Limited to review issue dates, price band, and lot size.
- Click 'Apply for IPO' and enter the number of lots you wish to bid for.
- Select 'Cutoff price' to ensure maximum allotment probability.
- Enter your UPI ID, submit the bid, and approve the mandate notification received in your UPI app.
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Frequently Asked Questions
Can I apply for Lumino Industries Limited IPO using UPI on Groww?
Yes, Groww supports 100% digital IPO applications via NPCI UPI 2.0 mandate up to ₹5,00,000 per application.
What is the minimum investment for Lumino Industries Limited IPO?
The minimum bid is 1 lot (180 shares) at the cutoff price of ₹82.00, requiring a blocked amount of approximately ₹14,760.00.
What happens if my UPI mandate for Lumino Industries Limited is delayed?
UPI mandates are usually delivered within 15 to 45 minutes of submitting the bid on Groww. If you do not receive the notification, open your UPI app and check the 'Pending Mandates / Autopay' section.
Can I cancel or modify my Lumino Industries Limited IPO application on Groww?
Yes, you can modify or cancel your bid on Groww anytime before the official bidding window closes at 5:00 PM on the final issue date.
Also see: Lumino Industries Limited IPO Details & Subscription · Check Allotment Status · Groww Broker Review