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LEAP India Ltd

LEAP India Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹159
₹159
GMP (Grey Market)
+₹16
+10.06%
Est. Listing Price
₹175
Based on GMP
Min. Investment
₹14,946
1 lot × 94 shares
Subscribed
0.53x
Under-subscribed
IPO Details
Open Date
07 Aug 2026
Close Date
11 Aug 2026
Allotment
12 Aug 2026
Listing Date
14 Aug 2026
Exchange
NSE & BSE
Price Band
₹159
Listing Price
See chart
Allotment Status
Price Band
₹159
Per share
Face Value
₹1 per share
 
Lot Size
94 Shares
per lot
Issue Size
15,59,74,842 shares (agg. up to ₹2,480 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,946
1 lot
Pre-IPO Holding
41,03,47,780 shares
Promoters
Post-IPO Holding
44,05,36,459 shares
Promoters
P/E (Pre)
104.61x
 
P/E (Post)
111.97x
 
EPS (Pre)
₹1.52
 
EPS (Post)
₹1.42
 
UPI Deadline
5:00 PM on 11 Aug 2026
Mandate
GMP
+₹16
+10.06% est.
Anchor AllotmentThu, 06 Aug 2026
Basis of AllotmentWed, 12 Aug 2026
Refund InitiationThu, 13 Aug 2026
Demat CreditThu, 13 Aug 2026
Listing DayFri, 14 Aug 2026
UPI Mandate Deadline5:00 PM on 11 Aug 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares3,01,88,679 shares (agg. up to ₹480 Cr)
Offer for Sale12,57,86,163 shares of ₹1 (agg. up to ₹2,000 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
LEAP India Ltd IPO subscribed 0.53 times overall. Retail: 1.77x. QIB: 7.69x. NII: 13.29x. By 11 Aug 2026.
QIB
7.69x
Over
NII/HNI
13.29x
Over
Retail
1.77x
Over
Total
0.53x
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 7.69x
77,966,410
₹1,239.67
NII / HNI
Over 13.29x
23,389,924
₹371.90
Retail
Over 1.77x
54,576,488
₹867.77
Total 0.53x
42,018
100% ₹0.67
IPO Shares Offered
LEAP India Ltd IPO total issue size: ₹0.67 Cr. Retail: ₹867.77 Cr. QIB: ₹1,239.67 Cr. NII: ₹371.90 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 77,966,410 ₹1,239.67
185,554.79%
NII 23,389,924 ₹371.90
55,666.44%
Retail 54,576,488 ₹867.77
129,888.35%
Total 42,018 ₹0.67
100.00%
* Based on upper price band ₹159 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 23,389,924 54,576,488 77,966,412
Allotment price (₹) 159 159 159 159 159 159 159 159
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹867.77 ₹867.77
Times subscribed 7.69x 13.29x 1.77x 0.53x
Shares allotted 23,389,924 54,576,488 77,966,412
No. of allottees
* Upper price band ₹159 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
94
Shares per Lot
Issue Price
₹159.00
Upper Band
Min Investment
₹14,946
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2188₹29,892
Retail (Max — 13 Lots)131,222₹194,298
S-HNI (Min — 14 Lots)141,316₹209,244
B-HNI (Min — 68 Lots)686,392₹1,016,328
* Issue Price ₹159 × Lot Size 94 shares
IPO Schedule
Anchor
06 Aug 2026
✓ Done
IPO Open
07 Aug 2026
✓ Done
IPO Close
11 Aug 2026
✓ Done
Allotment
12 Aug 2026
✓ Done
Refunds
13 Aug 2026
✓ Done
Demat Credit
13 Aug 2026
✓ Done
Listing Day
14 Aug 2026
✓ Done
LEAP India Ltd — Live Price LIVE
₹159.00
INR · BSE
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Issue ₹159.00 GMP: +₹16 Live Price
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
1
Repayment / prepayment, in full or in part, of certain borrowings availed by the Company
2
General Corporate Purposes
LEAP India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹371.9
31 Mar 2024
₹485.0
31 Mar 2025
₹747.4
31 Mar 2026
Profit After Tax (PAT)
₹37.2
31 Mar 2024
₹37.6
31 Mar 2025
₹62.3
31 Mar 2026
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
Borrowings 1017.73 801.66 513.07
EBITDA Margin (%) 50.69
PAT Margin (%) 8.34
P/BV Ratio
24.52
RoE
6.48
RoCE
19.06
RoNW
6.19
PAT Margin
8.34
EBITDA Margin
50.69
Debt/Equity
1.01
Issue Structure & Shareholding
Total Shares Offered15,59,74,842
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding41,03,47,780 shares
Post-Issue Promoter Holding44,05,36,459 shares
P/BV Ratio24.52
RoE6.48
RoCE19.06
Debt / Equity1.01
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd
Avendus Capital Pvt.Ltd
IIFL Capital Services Ltd
UBS Securities India Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much LEAP India Ltd IPO subscribed?

LEAP India Ltd IPO is subscribed 0.53 times by Aug 11, 2026. Retail: 1.77x. QIB: 7.69x. NII: 13.29x.

Investor CategorySubscription
Qualified Institutional (QIB)7.69x
Non Institutional (NII/HNI)13.29x
Retail Individual1.77x
Total Subscription0.53x
What is LEAP India Ltd IPO retail subscription status?

The LEAP India Ltd IPO retail category is subscribed 1.77 times as of 11 Aug 2026. The retail portion is oversubscribed.

How to subscribe LEAP India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Aug 2026 and closes 11 Aug 2026. Min investment: ₹14,946 (1 lot = 94 shares). UPI mandate: 5:00 PM on 11 Aug 2026.

How many times LEAP India Ltd IPO subscribed?

The LEAP India Ltd IPO subscribed 0.53x overall. QIB: 7.69x, NII: 13.29x, Retail: 1.77x. Applications: from NSE/BSE.

How to check LEAP India Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Aug 2026. Refunds: on 13 Aug 2026.

When LEAP India Ltd IPO will be listed?

The LEAP India Ltd IPO listing date is 14 Aug 2026, Friday. Listed on: NSE & BSE. Issue price: ₹159. Estimated listing: ₹175. GMP: +₹16.

When LEAP India Ltd IPO close?

The LEAP India Ltd IPO closes on 11 Aug 2026, Tuesday. UPI mandate: 5:00 PM on 11 Aug 2026. Allotment: 12 Aug 2026. Listing: 14 Aug 2026.