LEAP India IPO 2026
LEAP India Limited is launching its Mainboard IPO to raise funds through a combination of fresh issue and offer for sale. The company operates in supply chain solutions, asset pooling and material handling equipment.
IPO Open Date
7 Aug 2026IPO Close Date
11 Aug 2026Price Band
₹151 – ₹159Lot Size
94 SharesIssue Size
₹2,480 CrFresh Issue
₹480 CrOFS
₹2,000 CrFace Value
₹1LEAP India IPO Details
| Particulars | Details |
|---|---|
| Company Name | LEAP India Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Built Issue |
| IPO Open Date | 7 August 2026 |
| IPO Close Date | 11 August 2026 |
| Price Band | ₹151 – ₹159 per share |
| Face Value | ₹1 per share |
| Issue Size | ₹2,480 Crore |
| Fresh Issue | ₹480 Crore |
| Offer for Sale | ₹2,000 Crore |
| Lot Size | 94 Shares |
| Minimum Investment | ₹14,946 at upper price band |
| Listing | BSE & NSE |
| Registrar | MUFG Intime India Private Limited |
LEAP India IPO Timeline
*IPO timeline is subject to final exchange/registrar confirmation.
LEAP India Company Profile
LEAP India Limited is a technology-enabled supply chain solutions company focused on asset pooling and material handling solutions. The company provides solutions designed to improve supply-chain efficiency through shared-use assets and logistics infrastructure.
The company operates a network of warehouses and outsourced pallet manufacturing facilities and serves customers across multiple industries. Its customer base includes companies from sectors such as consumer goods, automotive, electronics and industrial products.
Supply Chain Solutions, Asset Pooling, Material Handling Equipment, Warehousing and Pallet Pooling Services.
LEAP India Business Model
LEAP India follows an asset-pooling model in which businesses can access supply-chain assets without necessarily owning the entire asset base. This model can help customers optimise logistics operations, asset utilisation and supply-chain costs.
Key Business Areas
- Asset Pooling Solutions
- Pallet Pooling
- Material Handling Equipment
- Warehousing Solutions
- Supply Chain Management
- Logistics Infrastructure Services
LEAP India Financial Performance
The company's revenue and profitability have shown growth in FY26, according to reported IPO financial information.
| Financial Year | Revenue / Income | Profit After Tax |
|---|---|---|
| FY 2023-24 | ₹372 Crore* | ₹37.2 Crore* |
| FY 2024-25 | ₹485 Crore* | ₹37 Crore* |
| FY 2025-26 | ₹747.5 Crore* | ₹62.3 Crore* |
*Figures are presented in rounded form based on publicly reported IPO financial information. Refer to the company's RHP/financial disclosures for audited figures and accounting definitions.
LEAP India IPO – Objects of the Issue
The fresh issue proceeds are primarily intended to strengthen the company's financial position and support its business requirements, including repayment or prepayment of certain borrowings and general corporate purposes, as specified in the offer documents.
The ₹2,000 crore OFS component represents shares being offered for sale by existing shareholders and does not represent fresh capital coming into the company.
LEAP India Promoters & Investors
LEAP India has been backed by institutional investors including KKR. The company's promoter group includes Sunu Mathew and Vertical Holdings II Pte. Ltd.
LEAP India IPO – Strengths & Risks
Potential Strengths
- ✔ Technology-enabled supply-chain business
- ✔ Asset pooling model
- ✔ Presence across multiple industries
- ✔ Revenue growth in FY26
- ✔ Institutional backing
- ✔ Large and growing logistics ecosystem
Key Risks
- ⚠ High dependence on supply-chain and logistics demand
- ⚠ Competition in logistics and asset-pooling industry
- ⚠ Significant OFS component in the IPO
- ⚠ Business may require substantial capital expenditure
- ⚠ IPO valuation and market volatility risks
- ⚠ Investors should carefully study the RHP risk factors
LEAP India IPO GMP
Grey Market Premium (GMP) is an unofficial indicator of market sentiment and is not regulated or guaranteed by stock exchanges or SEBI.
LEAP India IPO Allotment Status
After the IPO closes, investors can check the LEAP India IPO allotment status through the registrar's website using their PAN, application number or other required details.
| Allotment Information | Status |
|---|---|
| IPO Status | Open – 7 to 11 August 2026 |
| Basis of Allotment | Expected after IPO closing* |
| Refund Initiation | As per final IPO schedule* |
| Share Credit | As per final IPO schedule* |
| Listing | Expected 14 August 2026* |
