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LEAP India Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Upcoming
GMP +₹0 +0% Est. Listing ₹159
Issue Price
₹159
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹159
GMP based
Lot Size
94
shares / lot
Min Amount
₹14,946
1 lot · 94 shares
Opens
07 Aug
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
07 Aug 2026
Fri Upcoming
Soon
Close Date
11 Aug 2026
Tue Upcoming
Soon
Allotment
12 Aug 2026
Wed Upcoming
Soon
Refund
13 Aug 2026
Thu Upcoming
Soon
Demat Credit
13 Aug 2026
Thu Upcoming
Soon
Listing Date
14 Aug 2026
Fri Upcoming
Issue Details
Pricing & Size
Issue Price
₹159 Face ₹1
Lot Size
94 shares
Min Investment
₹14,946
Total Issue Size
15,59,74,842 shares (agg. up to ₹2,480 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the Net Offer
NII / HNI
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
41,03,47,780 shares
Post-Issue Shareholding
44,05,36,459 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 94 ₹14,946
HNI / NII 14 1,316 2,09,244
bHNI / bNII 67 6,298 10,01,382
Objects of Issue
2 objectives
1
Repayment / prepayment, in full or in part, of certain borrowings availed by the Company
360.00 Cr
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
JM Financial Ltd
Avendus Capital Pvt.Ltd
IIFL Capital Services Ltd
UBS Securities India Pvt.Ltd
IPO Timeline
Open
07 Aug
Upcoming
Close
11 Aug
Upcoming
Allotment
12 Aug
Upcoming
Listing
14 Aug
Upcoming
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
leapindia.ipo@in.mpms.mufg.com
Company Contact
Email
compliance@leapindia.net
Phone
+91 22 6958 8700
Address
14th Floor Commerz, International Business Park Oberoi Garden Off Western Express Highway, Goregaon, Maharashtra, 400063
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹159
Est. Listing
₹159
Lot Size
94 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB Not more than 50% of the Net Offer
NII / HNI (Total) Not less than 15% of the Net Offer
Retail Investors Not less than 35% of the Net Offer
Total **
Market Maker *
* Based on ₹159.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the Net Offer
NII
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue747.36485.03371.94
PAT62.3437.5637.17
EBITDA378.83273.80209.92
Net Worth1006.33917.35714.18
Total Assets2401.052042.461400.28
Reserves678.78606.09521.84
Borrowings1017.73801.66513.07
Key Financial Ratios
6.48
ROE
Return on Equity
19.06
ROCE
Return on Capital Employed
6.19
RONW
Return on Net Worth
8.34
PAT Margin
PAT / Revenue
50.69
EBITDA Mgn
EBITDA / Revenue
1.01
D/E Ratio
Debt to Equity
24.52
P/BV
Price to Book Value
1.52
Pre EPS
EPS Pre-Issue
1.42
Post EPS
EPS Post-Issue
104.61
Pre P/E
P/E Pre-Issue
111.97
Post P/E
P/E Post-Issue
About LEAP India Ltd

Incorporated in 2013, LEAP India Ltd specializes in sustainable supply chain and asset-pooling solutions. It offers services including equipment pooling, returnable packaging, inventory management, transportation, and repair & maintenance across industries like e-commerce, FMCG, automotive, and consumer durables. Global investment firm KKR acquired a majority stake in LEAP India in 2023, aligning with its Asia infrastructure strategy

Offerings:

  • Pallets: Durable, recyclable wooden pallets with up to 5-ton load capacity for efficient storage, handling, and transportation.
  • Containers: Reusable, foldable, and stackable containers designed for safe storage, material handling, and supply chain operations.
  • Material Handling Equipment (MHE): Industrial equipment, including forklifts, for efficient lifting, moving, loading, and stacking of materials.
  • Articulated Forklifts: Compact forklifts designed for narrow aisles, improving warehouse space utilization and pallet handling.
  • VNA (Very Narrow Aisle) Forklifts: Specialized forklifts for high-density warehouses, enabling efficient operations in ultra-narrow aisles and high-rack storage.

The company serve a diverse customer base spanning sectors such as fastmoving consumer goods (“FMCG”), food and beverage (“F&B”), third-party logistics (“3PL”), e-commerce and quick commerce, automotive, industrials and others. The company incorporated ESG considerations into the business by focusing on responsible sourcing and product design that supports sustainability.

The company established partnerships with more than 1,000 customers as of March 31, 2026, including with blue-chip companies across various industries. The customer list includes reputed companies such as Hindustan Coca-Cola Beverages Private Limited, Marico Limited, Toll (India) Logistics Private Limited, Daikin Airconditioning India Private Limited, Panasonic Life Solutions India Private Limited, among others.

As of March 31, 2026, the company had 419 permanent employees and 2,062 MHE operators.

Competitve Strengths:

  • Industry with multi-decadal and rapid growth story
  • Largest on-demand supply chain asset pooling company, in an industry with high barriers to entry
  • Trusted supply chain partner equipped to meet evolving customer needs with a focus on quality and sustainability
  • Highly resilient business model with a blue-chip customer base across high growth sectors
Frequently Asked Questions
What is the issue price of LEAP India Ltd IPO?
The issue price of LEAP India Ltd IPO is ₹159 per share, face value ₹1.
What is the lot size?
Minimum lot size is 94 shares, requiring ₹14,946.
What are the IPO dates?
Opens 07 Aug 2026, closes 11 Aug 2026.
When is the listing date?
Tentative listing: 14 Aug 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹159 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

LEAP India Ltd IPO · Expected 12 Aug 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
12 Aug 2026
Refund Initiation
13 Aug 2026
Demat Credit
13 Aug 2026
Listing Date
14 Aug 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹159
Face ₹1
Lot Size
94
shares / lot
Min Amount
₹14,946
1 lot
Est. Listing
₹159
GMP +₹0
Key Dates
Open
07 Aug Soon
Close
11 Aug Soon
Listing
14 Aug Soon
Registrar
MUFG Intime India Pvt.Ltd
A
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