The Leapfrog Engineering Services IPO is officially opening for subscription today, June 17, 2026, and will remain open until June 19, 2026. Investors looking to participate in the SME space are keeping a close watch on this ₹88.51 crore book-built issue.
If you are planning to apply, here is a complete breakdown of the Leapfrog Engineering Services IPO, including the price band, current Grey Market Premium (GMP), lot size, and company background.
Leapfrog Engineering Services IPO Details
The ₹88.51 crore offering consists of a fresh issue of ₹79.60 crore alongside an Offer for Sale (OFS) of ₹8.91 crore. The shares will be listed on the BSE SME platform.
ParameterDetailsIPO Open DateJune 17, 2026IPO Close DateJune 19, 2026Price Band₹21 to ₹23 per shareFace Value₹1 per shareIssue Size₹88.51 CroreLot Size6,000 SharesListing ExchangeBSE SME
Important Dates (Tentative Timeline)
Tracking the timeline is crucial so you don't miss any critical deadlines:
- Basis of Allotment: Monday, June 22, 2026
- Initiation of Refunds: Tuesday, June 23, 2026
- Credit of Shares to Demat: Tuesday, June 23, 2026
- Listing Date: Wednesday, June 24, 2026
Lot Size & Minimum Investment
For retail investors, the minimum investment requires bidding for 2 lots (12,000 shares), which amounts to a notable ₹2,76,000 at the upper price band.
- Retail (Min/Max): 2 Lots (12,000 shares) = ₹2,76,000
- HNI (Min): 3 Lots (18,000 shares) = ₹4,14,000
Current GMP (Grey Market Premium)
As of the opening day, the Leapfrog Engineering Services IPO GMP is currently trading at ₹0. This suggests a muted pre-listing sentiment in the unofficial market, with an estimated listing price matching the upper price band of ₹23 (0% listing gain). However, GMP is highly volatile and can fluctuate rapidly as subscription numbers roll in over the next three days.
About Leapfrog Engineering Services Ltd.
Headquartered in Bengaluru, Leapfrog Engineering Services Ltd. is an established Engineering, Procurement, Construction, and Commissioning (EPCC) company. They serve high-demand sectors like Oil & Gas, Pharmaceuticals, Food Processing, and Metals.
The company boasts a robust order book exceeding ₹384 crore, heavily backed by profitable export projects in Gulf markets such as Kuwait and Bahrain. Funds raised from the fresh issue will primarily be used to set up a new assembly unit and to support working capital needs.
Disclaimer: IPO investments are subject to market risks. The GMP is an unofficial indicator and should not be the sole basis for your investment decisions. Please consult a SEBI-registered financial advisor before investing.