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.