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LEAP India IPO

LEAP India IPO

LEAP India IPO

Overview

LEAP India IPO is a book build issue of ₹2,480.00 crores. The issue is a combination of fresh issue of 3.02 crore shares aggregating to ₹480.00 crores and offer for sale of 12.58 crore shares aggregating to ₹2,000.00 crores. LEAP India IPO opens for subscription on Aug 7, 2026 and closes on Aug 11, 2026. The allotment for the LEAP India IPO is expected to be finalized on Aug 12, 2026. LEAP India IPO will list on NSE and BSE with a tentative listing date fixed as Aug 14, 2026. LEAP India IPO is set issue price band at ₹151 to ₹159 per share. The lot size for an application is 94 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,946 (94 shares) (based on upper price). JM Financial Ltd. is the book running lead managerand MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Total Shares

15,59,74,842

Issue Size

₹2,480 Cr

Price Band

151 – ₹159

Lot Size

93 shares

Min. Investment

14,946

Max. Investment

1,94,298

Open Date

07 Aug, 2026

Close Date

11 Aug, 2026

Allotment

12 Aug, 2026

Listing

14 Aug, 2026

Announced

07 Aug, 2026

Opening Date

07 Aug, 2026

Closing Date

11 Aug, 2026

Basis of Allotment

12 Aug, 2026

Initiation of Refunds

13 Aug, 2026

Credit of Shares

13 Aug, 2026

Listing Date

14 Aug, 2026

Live GMP

Est. Listing: ₹163

4

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About LEAP India IPO

LEAP India IPO Share Price

Issue Breakdown

Total Issue15,59,74,842 shares₹2,480 Cr
Fresh Issue3,01,88,679 shares₹480 Cr
Offer for Sale12,57,86,163 shares₹2,000 Cr

Shareholding

Pre-Issue41,03,47,780
Post-Issue44,05,36,459

Dilution: 7.4% increase in shares

LEAP India IPO Financial Health

LEAP India Ltd.'s revenue increased by 54% and profit after tax (PAT) rose by 66% between the financial year ending with March 31, 2026 and March 31, 2025.

LEAP India IPO Lot Size

Investors can bid for a minimum of 94 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)19414,946
Retail (Max)1312221,94,298
S-HNI (Min)1413162,09,244
S-HNI (Max)6662049,86,436
B-HNI (Min)67629810,01,382

(All values in CR)

LEAP India IPO Valuations

MetricValue
ROE-
ROCE-
Debt/Equity-
RoNW-
PAT Margin-
EBITDA Margin-
NAV-
Price to Book Value-

(All values in CR)

LEAP India IPO Strength & Risk

+Strengths

LEAP India IPO Strengths

  • Leading player in India’s asset pooling and material handling equipment solutions segment.
  • Large operational network with 30 warehouses and 7 outsourced pallet manufacturing units.
  • Diversified customer base of more than 900 customers, reducing dependence on a single industry.
  • Long-term and recurring customer contracts provide better revenue visibility.
  • Technology-enabled platform supports asset tracking, utilisation and supply-chain operations.
  • Strong growth profile, with FY26 revenue rising 56.4% and net profit increasing 66%.
!Risks

LEAP India IPO Risks

  • Dependence on renewal and expansion of long-term customer contracts; loss of key customers could affect revenue and cash flows.
  • Heavy reliance on technology infrastructure; disruptions or system failures could impact operations.
  • Business requires significant investment in pallets, containers and other pooling assets.
  • Damage, loss or inefficient utilisation of assets could negatively affect profitability.
  • Operations are exposed to fluctuations in demand from manufacturing, logistics and supply-chain industries.
  • A substantial portion of the IPO is an Offer for Sale (OFS), meaning those proceeds will go to selling shareholders rather than the company.

LEAP India IPO GMP

LEAP India IPO last GMP is ₹4, last updated Aug 4th 2026 11:01 AM. With the upper price band of ₹159.00, LEAP India IPO's estimated listing price is ₹163 (cap price + today's GMP). The expected percentage gain/loss per share is 2.52%. >> LEAP India IPO Retail Subject to Sauda: ₹300 >> LEAP India IPO Small HNI Subject to Sauda: ₹4200 During this period, the GMP ranged from a low of ₹4.00 to a high of ₹8.00.

+4+2.5%

Last updated 04 Aug, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
04 Aug, 2026159₹4-₹163 (2.52%)37604 Aug, 2026
03 Aug, 2026159₹4-₹163 (2.52%)37603 Aug, 2026
02 Aug, 20260₹8-₹8 (0.00%)-02 Aug, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for LEAP India IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find LEAP India IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.