Lamtuf, a prominent manufacturer of high-pressure laminates and allied products, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), signaling its intent to launch an initial public offering. The proposed IPO will include both fresh equity shares and an offer for sale by existing shareholders. The move underscores Lamtuf’s ambition to raise capital for expanding manufacturing capabilities, reducing debt, and strengthening its market position.