LEAP India IPO: ₹2,480 Cr Issue Opens Aug 7-11

LEAP India’s IPO, targeting ₹2,480 crore, opened for public subscription on August 7, 2026, and will close on August 11, 2026. This offering for the supply chain asset pooling firm aims to raise capital through a mix of new shares and existing shareholder sales.

IPO Structure

The total IPO value is segmented into two main components, addressing both company needs and existing investor exits:

• A fresh issue of ₹480 crore, with ₹360 crore designated for debt repayment and the remainder for general corporate purposes.
• An offer for sale (OFS) amounting to ₹2,000 crore, executed by promoters KIA EBT Scheme 3 and Vertical Holdings II Pte Ltd.

Key Numbers

• Total IPO Value: ₹2,480 crore
• Fresh Issue: ₹480 crore
• Offer for Sale: ₹2,000 crore
• Price Band: ₹151 to ₹159 per share
• Lot Size: 94 shares

Anchor Investments

Prior to the public opening, LEAP India successfully allotted shares to a significant number of anchor investors.

• 4.68 crore shares, valued at ₹743.62 crore, were allotted.
• This involved 32 anchor investors, including Smallcap World Fund, Monetary Authority of Singapore, and Morgan Stanley India Investment Fund.

Investor Allocation

The IPO’s shares are strategically reserved for various investor categories, ensuring broad participation:

• Qualified Institutional Buyers (QIBs): 50%
• Retail Investors: 35%
• Non-Institutional Investors (NIIs): 15%

Key Investor Dates

Investors should note the following critical dates for the IPO process:

• Subscription Period: August 7 to August 11, 2026
• Basis of Allotment: August 12, 2026
• Refunds & Demat Credit: August 13, 2026
• Listing Date: August 14, 2026

LEAP India provides comprehensive supply chain management services, including asset pooling, inventory management, and transportation. They serve diverse sectors such as FMCG, e-commerce, and automotive.

The IPO concludes its subscription period on August 11, 2026, with shares anticipated to begin trading on August 14, 2026.