LEAP India IPO: August 7 Launch, Rs 151-159 Price Band

LEAP India is launching its initial public offering (IPO) with subscriptions available from August 07, 2026, to August 11, 2026. The issue comprises 16,42,38,410 shares, priced between Rs 151 and Rs 159 per equity share.

Issue Snapshot

• Issue Type: 100% book building
• Total Shares Offered: 16,42,38,410
• Face Value Per Share: Rs 1
• Price Band Per Share: Rs 151 – 159
• Issue Opening Date: August 07, 2026
• Issue Closing Date: August 11, 2026

The shares will be listed on both the BSE and the NSE. The pricing represents 151 times its face value on the lower end and 159 times on the higher end.

Investor Allocation

The IPO outlines specific allocations for different investor categories. Not more than 50% of the issue will go to Qualified Institutional Buyers (QIBs), which includes a 5% allocation for mutual funds.

• QIBs: Not more than 50% (including 5% for mutual funds)
• Non-institutional Bidders: Not less than 15%
• Retail Investors: Remaining 35%

The book running lead managers for the issue include JM Financial, Avendus Capital, IIFL Capital Services, and UBS Securities India. Chirag Bagadia serves as the compliance officer for the offering.

Company Profile: Asset Pooling Leader

LEAP India operates as India’s largest on-demand asset pooling provider within the supply chain management sector, measured by its extensive pooled Assets. The company supplies pallets, containers, and material handling equipment (MHE) to support customer supply chain requirements.

Its circular business model helps customers reduce environmental impact while enhancing efficiency, cost-effectiveness, and safety across their India-wide supply chains. The company serves diverse sectors, including fast-moving consumer goods (FMCG), food and beverage (F&B), third-party logistics (3PL), e-commerce, and automotive.

LEAP India leverages technology with its in-house developed MyLEAP platform for order tracking and management. It has also integrated SAP S/4HANA and Salesforce Management to facilitate electronic data interchange with clients.