positive
46 days agoLaser Power & Indo MIM File DRHPs to Raise ₹2,200 Cr
Two industrial firms, Laser Power & Infra and Indo MIM, have filed draft red herring prospectuses with SEBI to raise over ₹2,200 crore via IPOs. Laser Power plans a ₹1,200 crore issue, while Indo MIM is targeting ₹1,000 crore. Their filings align with a broader resurgence in India’s IPO market, particularly among engineering and manufacturing firms keen to access equity capital amid favorable valuations.
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
46 days agoLaser Power & Indo MIM File DRHPs to Raise ₹2,200 Cr
Two industrial firms, Laser Power & Infra and Indo MIM, have filed draft red herring prospectuses with SEBI to raise over ₹2,200 crore via IPOs. Laser Power plans a ₹1,200 crore issue, while Indo MIM is targeting ₹1,000 crore. Their filings align with a broader resurgence in India’s IPO market, particularly among engineering and manufacturing firms keen to access equity capital amid favorable valuations.
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
about 2 months ago
1 min read
64 words
Industrial firms file IPOs totalling ₹2,200 crore, boosting India’s primary market momentum.
Two industrial firms, Laser Power & Infra and Indo MIM, have filed draft red herring prospectuses with SEBI to raise over ₹2,200 crore via IPOs. Laser Power plans a ₹1,200 crore issue, while Indo MIM is targeting ₹1,000 crore. Their filings align with a broader resurgence in India’s IPO market, particularly among engineering and manufacturing firms keen to access equity capital amid favorable valuations.
Two industrial firms, Laser Power & Infra and Indo MIM, have filed draft red herring prospectuses with SEBI to raise over ₹2,200 crore via IPOs. Laser Power plans a ₹1,200 crore issue, while Indo MIM is targeting ₹1,000 crore. Their filings align with a broader resurgence in India’s IPO market, particularly among engineering and manufacturing firms keen to access equity capital amid favorable valuations.
Companies:
Laser Power & Infra
Indo MIM
Tags:
IPO
India
IPO
India
engineering firms
DRHP filing
Sep 28, 2025 • 18:23 IST