LEAP India Ltd IPO Details

LEAP India Ltd IPO Details

MainboardClosed
Min. Investment
₹14,946
/ 94 Shares
Check Allotment Status
Issue Price
₹151 to ₹159
Subscription
-
Issue Size
₹2480.00 Cr
Lot Size
94 Shares
Open
2026-08-07
Close
2026-08-11
Allotment
2026-08-12
Listing
2026-08-14

1. LEAP India Ltd IPO Details (Mainboard) IPO Details

LEAP India Ltd IPO is a book-built mainboard issue of ₹2,480.00 crores. The issue comprises a fresh issue of 3.02 crore shares (aggregating up to ₹480.00 Cr) and an offer-for-sale (OFS) of 12.58 crore shares (aggregating up to ₹2,000.00 Cr).

The bidding for the IPO starts this Friday, Aug 07, 2026, and ends on Aug 11, 2026. The allotment is expected to be finalized on Aug 12, 2026. The company will list on both the BSE and NSE mainboard platforms, with a tentative listing date fixed as Aug 14, 2026.

The price band is set at ₹151–₹159 per share. The lot size for an application is 94 shares, which means the minimum amount of investment required by a retail investor is ₹14,946.

    Grey Market Premium

    Estimated listing gains (Live)

    +₹12Per Share
    EST. GAINS
    Updated real-time from market sources

    LEAP India IPO Details

    IPO Date7 to 11 Aug, 2026
    Listing DateFri, Aug 14, 2026 T
    Face Value₹ 10 per share
    Price Band₹151 to ₹159
    Lot Size94 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtBSE, NSE
    Total Issue Size15,59,74,842 shares (agg. up to ₹ 2,480 Cr)
    Fresh Issue3,01,88,679 shares (agg. up to ₹ 480 Cr)
    Offer for Sale12,57,86,163 shares of ₹ 10 (agg. up to ₹ 2,000 Cr)
    Share Holding Pre Issue41,03,72,525 shares
    Share Holding Post Issue44,05,61,204 shares

    IPO Timetable (Tentative)

    EventDate
    IPO OpenFri, Aug 7, 2026
    IPO CloseTue, Aug 11, 2026
    AllotmentWed, Aug 12, 2026
    RefundThu, Aug 13, 2026
    Credit of SharesThu, Aug 13, 2026
    ListingFri, Aug 14, 2026

    Issue Reservation

    Investor CategoryShares Offered
    QIB Shares OfferedNot more than 50% of the Net Issue
    Retail Shares OfferedNot less than 35% of the Net Issue
    NII Shares OfferedNot less than 15% of the Net Issue

    IPO Lot Size

    ApplicationLotsSharesAmount
    Retail (Min)194₹14,946
    Retail (Max)131,222₹1,94,298
    S-HNI (Min)141,316₹2,09,244
    S-HNI (Max)666,204₹9,86,436
    B-HNI (Min)676,298₹10,01,382

    2. About LEAP India Ltd IPO Details (Mainboard)

    Incorporated in 2013 and headquartered in Mumbai, Maharashtra, LEAP India Limited is India’s leading on-demand supply chain asset pooling provider operating on a "share-and-reuse" model. The company specializes in pallet, container, and material handling equipment (MHE) pooling, providing end-to-end supply chain asset management solutions across FMCG, e-commerce, automotive, and industrial sectors. Global investment firm KKR acquired a majority stake in LEAP India in 2023.

    Track Record

    • Financial Scale: Consolidated operational revenue grew from ₹364.97 Cr in FY24 to ₹466.47 Cr in FY25, and reached ₹729.53 Cr for the fiscal year ended March 31, 2026.

    • Profitability: Net profit (PAT) demonstrated steady growth, rising from ₹37.17 Cr in FY24 to ₹37.56 Cr in FY25, and expanding to ₹62.34 Cr in FY26.

    • Asset Base & Touchpoints: Manages over 14.70 million pooled assets with a network spanning over 10,100 customer touchpoints and 29 fulfilment centres across India as of March 31, 2026.

    LEAP India Ltd IPO GMP

    As of August 04, 2026, the Grey Market Premium (GMP) is trading around ₹4 (~2.5%).

    Note: Because public subscriptions open later this week on August 07, early grey market tracking indicators are starting flat. Subscription and premium momentum are expected to pick up closer to the bidding launch.

    LEAP India Ltd IPO Allotment Status

    The allotment is scheduled to be finalized on August 12, 2026.

    Check LEAP India Allotment Status

    To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the stock exchange mainboard channels: MUFG Intime India IPO Status Portal

    You can verify your status via:

    • Registrar's website (MUFG Intime India Private Limited / Link Intime)

    • BSE and NSE official mainboard tracking portals

    • Using your PAN number, Application ID, or DP ID/Client ID

    Strengths

    • Market Leadership: India's largest on-demand asset pooling provider with nationwide scale and operational moat.

    • Backed by Global PE Major: Majority-owned by KKR, providing strategic backing and strong corporate governance.

    • High Customer Retention: Serves over 1,000 corporate clients (including Coca-Cola, Marico, Daikin, and Haier) with near 0% churn among top 100 customers.

    Weaknesses

    • Capital Intensive Model: Asset pooling requires ongoing capital expenditure for pallet and container acquisition and maintenance.

    • Economic Cycle Sensitivity: Freight and supply chain volume fluctuations can impact asset utilization rates.

    How the Company Will Use IPO Money

    The fresh issue proceeds (₹480.00 Cr) will be utilized for:

    • Debt Repayment: Part or full repayment/prepayment of outstanding borrowings.

    • Working Capital & Capital Expenditure: Purchase of additional pooling assets and general corporate operational requirements.

    Lead Manager & Registrar

    • Book Running Lead Managers: JM Financial Ltd., Avendus Capital, IIFL Capital Services, and UBS Securities

    • Registrar: MUFG Intime India Private Limited

    Frequently Asked Questions (LEAP India Ltd IPO Details)

    D
    Founder | India IPO Updates

    DIPAK DANGODARA

    I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

    I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.