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LEAP India Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹159
Per Share
GMP
+₹16
+10.06% Grey Market
Est. Listing
₹175
Expected Price
Min. Application
₹29,892
2 lots × 94 shares
IPO Issue Details
Issue Price / Price Band₹159 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size94 Shares per Lot
Total Issue Size15,59,74,842 shares (agg. up to ₹2,480 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 07 Aug 2026
Subscription CloseTue, 11 Aug 2026
Anchor AllotmentThu, 06 Aug 2026
Basis of AllotmentWed, 12 Aug 2026
Initiation of RefundsThu, 13 Aug 2026
Credit of Shares to DematThu, 13 Aug 2026
Listing DateFri, 14 Aug 2026
UPI Mandate Deadline5:00 PM on 11 Aug 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,946 — 94 shares
Retail — Max (13 Lots)₹194,298 (13 Lots)
HNI — Min (67 Lots)10,01,382 — 6,298 shares
EPS (Pre-IPO)₹1.52
EPS (Post-IPO)₹1.42
P/E Ratio (Pre-IPO)104.61x
P/E Ratio (Post-IPO)111.97x
Pre-IPO Promoter Holding41,03,47,780 shares
Post-IPO Promoter Holding44,05,36,459 shares
Fresh Issue Shares3,01,88,679 shares (agg. up to ₹480 Cr)
Offer for Sale Shares12,57,86,163 shares of ₹1 (agg. up to ₹2,000 Cr)
About LEAP India Ltd

Incorporated in 2013, LEAP India Ltd specializes in sustainable supply chain and asset-pooling solutions. It offers services including equipment pooling, returnable packaging, inventory management, transportation, and repair & maintenance across industries like e-commerce, FMCG, automotive, and consumer durables. Global investment firm KKR acquired a majority stake in LEAP India in 2023, aligning with its Asia infrastructure strategyOfferings:Pallets: Durable, recyclable wooden pallets with up to 5-ton load capacity for efficient storage, handling, and transportation.Containers: Reusable, foldable, and stackable containers designed for safe storage, material handling, and supply chain operations.Material Handling Equipment (MHE): Industrial equipment, including forklifts, for efficient lifting, moving, loading, and stacking of materials.Articulated Forklifts: Compact forklifts designed for narrow aisles, improving warehouse space utilization and pallet handling.VNA (Very Narrow Aisle) Forklifts: Specialized forklifts for high-density warehouses, enabling efficient operations in ultra-narrow aisles and high-rack storage.The company serve a diverse customer base spanning sectors such as fastmoving consumer goods (“FMCG”), food and beverage (“F&B”), third-party logistics (“3PL”), e-commerce and quick commerce, automotive, industrials and others. The company incorporated ESG considerations into the business by focusing on responsible sourcing and product design that supports sustainability.The company established partnerships with more than 1,000 customers as of March 31, 2026, including with blue-chip companies across various industries. The customer list includes reputed companies such as Hindustan Coca-Cola Beverages Private Limited, Marico Limited, Toll (India) Logistics Private Limited, Daikin Airconditioning India Private Limited, Panasonic Life Solutions India Private Limited, among others.As of March 31, 2026, the company had 419 permanent employees and 2,062 MHE operators.Competitve Strengths:Industry with multi-decadal and rapid growth storyLargest on-demand supply chain asset pooling company, in an industry with high barriers to entryTrusted supply chain partner equipped to meet evolving customer needs with a focus on quality and sustainabilityHighly resilient business model with a blue-chip customer base across high growth sectors

Objects of the Issue

LEAP India Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment / prepayment, in full or in part, of certain borrowings availed by the Company
360.00
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 41,03,47,780 shares
Post-IPO Promoter Holding 44,05,36,459 shares
Lock-in Period (30%)Fri, Sep 11, 2026
Lock-in Period (50%)Tue, Nov 10, 2026
Check AllotmentCheck Status →
LEAP India Ltd — Live Price LIVE
₹159.00
INR · BSE
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Issue ₹159.00 GMP: +₹16 (+10.06%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusListed
Issue Price₹159
GMP+₹16
Est. Listing₹175
Lot Size94 shares
Min Amount₹29,892
Listing Date14 Aug 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹159
Listing Date14 Aug 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 77,966,410 ₹1,239.67 Cr 7.69x
NII / HNI 23,389,924 ₹371.90 Cr 13.29x
Retail (RII) 54,576,488 ₹867.77 Cr 1.77x
TOTAL 42,018 100.00% ₹0.67 Cr 0.53x
* Based on ₹159.00 (upper price band)
Day-wise Subscription
QIB
7.69x
NII / HNI
13.29x
Retail
1.77x
Total
0.53x
In Progress
Lot Size & Investment Details
Lot Size
94
Shares
Issue Price
₹159.00
Per Share
Min Investment
₹14,946
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 94 ₹14,946
Retail (Max) 13 1,222 ₹194,298
sNII (Min) 14 1,316 ₹209,244
bNII (Min) 68 6,392 ₹1,016,328
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 747.36 485.03 371.94
EBITDA 378.83 273.80 209.92
Profit After Tax (PAT) 62.34 37.56 37.17
Net Worth 1006.33 917.35 714.18
Total Assets 2401.05 2042.46 1400.28
Reserves & Surplus 678.78 606.09 521.84
Total Borrowings 1017.73 801.66 513.07
Key Ratios & Valuation
Issue Price ₹159
Face Value ₹1 Per Share
P/BV 24.52
RoE 6.48
RoCE 19.06
RoNW 6.19
PAT Margin (%) 8.34
EBITDA Margin (%) 50.69
Debt / Equity 1.01
Company Details
Company
LEAP India Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
14th Floor Commerz, International Business Park Oberoi Garden Off Western Express Highway, Goregaon, Maharashtra, 400063
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