LEAP India IPO
LEAP India IPO is priced at ₹151–₹159 per share with an issue size of ₹2480 crore. The IPO opens on Aug 7, 2026 and closes on Aug 11, 2026, with a lot size of 94 shares and a minimum investment of ₹14,946.
LEAP India Limited IPO
- IPO Dates
- Aug 7, 2026 – Aug 11, 2026
- Price band
- ₹151-159 per equity share
- Minimum Investment
- ₹14,946
- Issue size
- ₹2480 Cr
- Lot size
- 94
- Allotment Date
- Aug 12, 2026
- Listing
- Aug 14, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Aug 7, 2026
Open Date
Completed
-
Aug 11, 2026
Close Date
Upcoming
-
Aug 12, 2026
Allotment Date
Upcoming
-
Aug 14, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
LEAP India IPO Latest Available GMP: ₹12
LEAP India IPO latest available GMP is ₹12 per share (a 8% premium over the ₹159 upper price band), last recorded on 7 Aug 2026, 6:30 PM IST. The indicative listing price is ₹171 (₹159 upper price band + ₹12 GMP).
- GMP
- ₹12
- GMP percentage
- 8%
- Upper price band
- ₹159
- Indicative listing price
- ₹171
During the recorded period, LEAP India IPO GMP ranged from ₹3 to ₹16. The latest GMP is ₹12.
LEAP India IPO GMP trend (day-wise) 30 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹12 | ₹0 | 8% | ₹171 | |
| ₹12 | +₹2 | 8% | ₹171 | |
| ₹10 | −₹3 | 6% | ₹169 | |
| ₹13 | −₹2 | 8% | ₹172 | |
| ₹15 | −₹1 | 9% | ₹174 | |
| ₹16 | ₹0 | 10% | ₹175 | |
| ₹16 | ₹0 | 10% | ₹175 | |
| ₹16 | +₹2 | 10% | ₹175 | |
| ₹14 | +₹2 | 9% | ₹173 | |
| ₹12 | ₹0 | 8% | ₹171 |
LEAP India IPO Live Subscription Details
View Subscription DetailsLEAP India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:LEAP India IPO Essentials
LEAP India IPO Details
LEAP India IPO is priced at ₹151-159 per share with a total issue size of 2480 crore. The IPO has a lot size of 94 shares and will be listed on BSE and NSE.
- Issue price
- ₹151-159 per equity share
- Lot size
- 94 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- ₹2480 Crores
- Total issue size
- 15,59,74,842 shares
(aggregating up to ₹2480 crore) - Fresh issue
- 3,01,88,679 shares
(aggregating up to ₹480 crore) - Offer for sale (OFS)
- 12,57,86,163 shares
(aggregating up to ₹2000 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead manager
-
JM Financial Ltd., Avendus Capital Pvt.Ltd., IIFL Capital Services Ltd., UBS Securities India Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 94 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 94 | ₹14,946 |
| Retail(max) | 13 | 1,222 | ₹1,94,298 |
| sHNI(min) | 14 | 1,316 | ₹2,09,244 |
| sHNI(max) | 66 | 6,204 | ₹9,86,436 |
| bHNI(min) | 67 | 6,298 | ₹10,01,382 |
LEAP India IPO Reservation
LEAP India IPO reservation details show category-wise allocation of shares. Out of the total 155974842 shares, approximately 19.99% are reserved for QIB, 14.99% for NII, 34.98% for retail investors, 0.05% for employees, and 29.98% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 46768854 (29.98%) | |
| QIB Shares Offered | 31179259 (19.99%) | |
| NII (HNI) Shares Offered | 23384434 (14.99%) | |
| bHNI > ₹10L | 15589623 (10%) | 11,846 |
| sHNI < ₹10L | 7794811 (5%) | 5923 |
| Retail Shares Offered | 54563679 (34.98%) | 5,80,465 |
| Employee Shares Offered | 78616 (0.05%) | |
| Total Shares Offered | 155974842 (100%) |
LEAP India IPO Analytics
LEAP India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
LEAP India IPO Subscription Status
LEAP India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 0.28x, indicating low demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,11,79,259 |
2,33,84,434
1,55,89,623
77,94,811
|
5,45,63,679 | 10,92,05,988 |
|
Day 1
07-08-26 05:00 PM
|
0.64 x |
0.12x
0.09x
0.17x
|
0.14 x | 0.28 x |
LEAP India Valuations
Earnings
- EPS Pre IPO
- ₹1.52/-
- EPS Post IPO
- ₹1.42/-
- P/E Pre IPO
- 104.61
- P/E Post IPO
- 111.97
Returns
- ROE
- 6.48%
- ROCE
- 19.06%
- RoNW
- 6.19%
- PAT Margin
- 8.34%
Fundamentals
- Debt / Equity
- 1.01
- Price / Book
- 6.48
- Market Cap
- ₹7,004.53 Cr.
LEAP India Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 2,401.05 | 2,042.46 | 1,400.28 |
| Revenue | 747.36 | 485.03 | 371.94 |
| Profit After Tax | 62.34 | 37.56 | 37.17 |
| Net Worth | 1,006.33 | 917.35 | 714.18 |
| Reserves & Surplus | 678.78 | 606.09 | 521.84 |
| Total Borrowing | 1,017.73 | 801.66 | 513.07 |
LEAP India Company & Offer Insights
About LEAP India
LEAP India Ltd was incorporated in 2013 as an entity that provides sustainable supply chain and asset pooling solutions.These services include asset pooling, returnable packaging, inventory, transportation, repair and maintenance in various industries, such as e-commerce, FMCG, automotive, consumer durables, etc.
KKR invested in LEAP India by buying a majority stake in the company in 2023 in line with its Asia infrastructure strategy.Customers of LEAP India Ltd come from many different industries, among which are fast-moving consumer goods (FMCG), food and beverage (F&B), third-party logistics (3PL), e-commerce and quick commerce, automotive, industrials, and others.
Products:
Pallets
Containers
Material handling equipment (MHE)
As of March 31, 2025, LEAP India Ltd employed 366 people permanently.
LEAP India Promoter(s)
Sunu Mathew, Vertical Holdings II Pte.Ltd. are the company's promoters of LEAP India.
LEAP India IPO Issue Objectives
- •
- Repayment / prepayment, in full or in part, of certain borrowings availed by the Company - ₹360.0 Cr
- •
- General corporate purposes
LEAP India IPO - Anchor Investors
LEAP India Limited finalised its anchor investor allocation on August 6, 2026, raising ₹743.62 crore from 32 institutional investors at an anchor price of ₹159 per share.
The anchor book comprises 4,67,68,854 equity shares allocated across domestic mutual funds, a life insurance company, foreign portfolio investors, and an alternative investment fund. Domestic mutual funds received 33.34% of the anchor allocation through 6 fund houses across 15 schemes, including Axis Mutual Fund, Motilal Oswal Mutual Fund, Bank of India Mutual Fund, JM Financial Mutual Fund, ITI Mutual Fund, and Groww Mutual Fund.
Aditya Birla Sun Life Insurance Company Limited received 6.72% as the sole life insurance participant. Leading foreign institutional investors include Smallcap World Fund, Inc. at 21.51%, Government Pension Fund Global at 6.37%, The Prudential Assurance Company Limited and Amundi Funds New Silk Road each at 4.30%, and Monetary Authority of Singapore at 7.39%.
LEAP India IPO - Strengths and Risks
LEAP India IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
LEAP India
+91 22 6958 8700
14th Floor Commerz, International Business Park Oberoi Garden Off Western Express Highway Goregaon, Maharashtra - 400063.
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
LEAP India IPO is a book-built IPO worth ₹2480 crore. The price band is ₹151–₹159 per share. The IPO opens on Aug 7, 2026 and closes on Aug 11, 2026. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.
The price band of LEAP India IPO is ₹151 to ₹159 per share.
The lot size of LEAP India IPO is 94 shares.
The minimum investment for LEAP India IPO is approximately ₹14,946 based on the upper price band .
LEAP India IPO opens on Aug 7, 2026 and closes on Aug 11, 2026.
The allotment date of LEAP India IPO is Aug 12, 2026.
LEAP India IPO is expected to be listed on Aug 14, 2026, on BSE and NSE .
LEAP India IPO latest available GMP is ₹12 per share (a 8% premium over the ₹159 upper price band), last recorded on 7 Aug 2026, 6:30 PM IST. The indicative listing price is ₹171 (₹159 upper price band + ₹12 GMP).
LEAP India IPO valuation snapshot: P/E 111.97, EPS ₹1.42/-, P/B 6.48, RoNW 6.19%, and market cap ₹7,004.53 Cr.
To apply for LEAP India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of LEAP India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for LEAP India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check LEAP India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the LEAP India IPO allotment status on IPO Ji for quick and easy access.

|
Offer Date |
Aug 07 - Aug 11, 2026 |
|
Offer Price |
₹ 151-159 |
|
Lot Size |
94 |
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