LEAP India IPO
Bookbuilding IPO | ₹2,480.00 Cr | Listing at BSE, NSE
IPO Open
Fri, Aug 07, 2026
IPO Close
Tue, Aug 11, 2026
Price Band
₹151.00 to ₹159.00
Market Cap (Pre-IPO)
-
IPO Details
| IPO Date | Aug 07, 2026 to Aug 11, 2026 |
| Listing Date | Tentative: Aug 14, 2026 |
| Face Value | ₹1.00 per share |
| Price Band | ₹151.00 to ₹159.00 |
| Lot Size | 94 Shares (Minimum: ₹14,946.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹2,480.00 Crores |
| Total Shares Offered | 155,974,841 shares |
| Fresh Issue | 30,188,679 shares |
| Offer For Sale | 125,786,162 shares |
LEAP India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
LEAP India IPO Lot Size
Investors can bid for a minimum of 94 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹14,946 |
| Retail (Max) | 13 | 1,222 | ₹194,298 |
| S-HNI (Min) | 14 | 1,316 | ₹209,244 |
| S-HNI (Max) | 66 | 6,204 | ₹986,436 |
| B-HNI (Min) | 67 | 6,298 | ₹1,001,382 |
LEAP India Financial Information (Restated Consolidated)
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.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,401.05 | 2,042.46 | 1,400.28 |
| Total Income | 747.36 | 485.03 | 371.94 |
| Profit After Tax | 62.34 | 37.56 | 37.17 |
| EBITDA | 378.83 | 273.80 | 209.92 |
| NET Worth | 1,006.33 | 917.35 | 714.18 |
| Reserves and Surplus | 678.78 | 606.09 | 521.84 |
| Total Borrowing | 1,017.73 | 801.66 | 513.07 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 6.48% |
| ROCE (Return on Capital Employed) | 19.06% |
| Debt/Equity | 1.01 |
| RoNW (Return on Net Worth) | 6.19% |
| PAT Margin (Profit After Tax Margin) | 8.34% |
| EBITDA Margin | 50.69% |
| Price to Book Value | 6.48 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 1.52 | 1.42 |
| P/E (x) | 104.61 | 111.97 |
Company Overview
LEAP India Ltd. – Company Overview
- LEAP India Ltd. is engaged in providing asset pooling and sustainable supply chain solutions for industries such as FMCG, food & beverage, e-commerce, logistics, automotive, and consumer durables.
- The company offers equipment pooling, returnable packaging, inventory management, transportation, and repair & maintenance services.
- Product Portfolio:
- Pallets
- Containers
- Material Handling Equipment (MHE)
- Articulated Forklifts
- Very Narrow Aisle (VNA) Forklifts
- The company serves 1,000+ customers, including leading companies such as Hindustan Coca-Cola Beverages, Marico, Toll (India) Logistics, Daikin Airconditioning India, and Panasonic Life Solutions India.
- It focuses on ESG-driven operations, promoting sustainable product design and responsible sourcing to support circular supply chains.
- As of March 31, 2026, the company had 419 permanent employees and 2,062 MHE operators.
Company 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
Use of Proceeds
| 1) | Repayment / prepayment, in full or in part, of certain borrowings availed by the Company | 360.00 |
| 2) | General Corporate Purposes | |
| Total | 360.00 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Quick Info
| Sector | chain management, and asset-pooling |
| Exchange | BSE, NSE |
Important Dates
| IPO Open | Aug 07, 2026 |
| IPO Close | Aug 11, 2026 |
| Allotment Date | Aug 12, 2026 |
| Credit to Demat | Aug 13, 2026 |
| Listing Date | Tentative: Aug 14, 2026 |
Lead Manager(s)
JM Financial Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹2,480.00 crores.
- Issue Structure: 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.
- IPO Dates: The issue opens on August 7, 2026 and closes on August 11, 2026.
- Allotment Date: The allotment is expected to be finalized on August 12, 2026.
- Listing Details: The shares are proposed to be listed on both National Stock Exchange of India and BSE Limited on August 14, 2026.
- Retail Investment Requirement: Minimum 1 lot (94 shares) amounting to approximately ₹14,946 (at the upper price band).
- Issue Price Band: ₹151 to ₹159 per equity share.
- Lot Size: 94 shares per lot.
This IPO offers investors an opportunity to participate in the logistics and supply chain solutions sector through a combination of a fresh issue of shares and an offer for sale by existing shareholders.