IPO Details

LEAP India Limited IPO

LEAP India Limited logo
Mainboard IPO
₹14,194

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: LEAP India Limited

Industry / Sector: Supply Chain Asset Pooling & Material Handling Solutions

Founded Year: 2013

Promoters: Sunu Mathew, Vertical Holdings II Pte. Ltd.

LEAP India specializes in sustainable supply chain and asset-pooling solutions including equipment pooling, returnable packaging (pallets, containers), inventory management, transportation, and repair & maintenance. It serves e-commerce, FMCG, automotive, F&B, 3PL and industrials. KKR acquired a majority stake in 2023.

IPO Basic Details

Company NameLEAP India Limited
IPO TypeMainboard IPO
Price Band₹151 – ₹159
Lot Size94 Shares
Total Issue Size15,59,74,841 Equity Shares (₹2,480 Cr)

IPO Strengths & Risks

Strengths

  • Largest on-demand supply chain asset pooling company with high barriers to entry
  • Blue-chip customer base across high-growth sectors
  • Resilient business model focused on quality and sustainability
  • Industry with multi-decadal growth potential

Risks

  • High valuation / elevated P/E
  • Dependence on capital-intensive asset base
  • Competition and customer concentration risks
  • Working capital and debt levels

IPO Important Dates

IPO Open Date07 Aug 2026
IPO Close Date11 Aug 2026
Basis of Allotment12 Aug 2026
Refund Initiation13 Aug 2026
Demat Credit Date13 Aug 2026
Listing Date14 Aug 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – ₹360.00 Cr
  • General corporate purposes – Balance Amount

Investor Reservation

QIB QuotaNot more than 50% of the Net Offer
Retail QuotaNot less than 35% of the Net Offer
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot94₹14,946
Retail Maximum---
S-HNI Minimum14 Lots1,316₹2,09,244
S-HNI Maximum---
B-HNI Minimum67 Lots6,298₹10,01,382

Key Performance Indicators (KPI)

ROE6.48% (Mar 2026)
ROCE19.06% (Mar 2026)
RoNW6.19% (Mar 2026)
PAT Margin8.34% (Mar 2026)
EBITDA Margin50.69% (Mar 2026)
EPS-
NAV per share-
Debt to Equity1.01 (Mar 2026)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026 (31 Mar 2026)₹2,401.05 Cr₹747.36 Cr₹62.34 Cr₹378.83 Cr₹1,006.33 Cr₹1,017.73 Cr
FY2025 (31 Mar 2025)₹2,042.46 Cr₹485.03 Cr₹37.56 Cr₹273.80 Cr₹917.35 Cr₹801.66 Cr
FY2024 (31 Mar 2024)₹1,400.28 Cr₹371.94 Cr₹37.17 Cr₹209.92 Cr₹714.18 Cr₹513.07 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedAug 2026
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: MUFG Intime India Pvt. Ltd.

Registrar Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Manager(s)

JM Financial Ltd.

Company Information

Address: 14th Floor, Commerz, International Business Park, Oberoi Garden City (Mumbai area)

Website: https://www.leapindia.net/

Email: compliance@leapindia.net

Phone: +91 22 6958 8700

IPO Documents

Frequently Asked Questions (FAQ)

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