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Home/Business/LEAP India & Technocraft Ventures IPOs L…

LEAP India & Technocraft Ventures IPOs Launch: GMP Projections

Business
By IPO Desk•
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A wide shot of a large, brightly lit warehouse with stacks of blue and gray pallets and robotic equipment.

Automated material handling in a modern logistics warehouse

Key Highlights

LEAP India and Technocraft Ventures IPOs opened August 7. LEAP India eyes 12.26% listing premium, Technocraft Ventures 7.55%, driven by strong GMP.

The Initial Offerings for LEAP India and Technocraft Ventures commenced their subscription period on August 7, with bidding open until August 11. Both IPOs are slated to finalize their allotments on August 12 and are expected to be listed on the and on August 14.

Key Timelines

  • Period: August 7 to August 11
  • Allotment Finalization: August 12
  • : August 14 on BSE and NSE

Current grey market trends suggest that LEAP India may achieve more favourable listing gains, with an estimated premium of 12.26% above its upper price band. This positive outlook is largely attributed to strong market sentiment surrounding its business model, which is backed by KKR.

Technocraft Ventures, in comparison, is projected to see a listing gain of 7.55% based on grey market premiums. Investors are advised to closely monitor subscription levels and (GMP) trends, noting that GMP is based on speculation and does not represent official data.

LEAP India IPO Details

  • IPO Value: Rs 2,480 crore
  • : Rs 480 crore (3.02 crore shares)
  • : Rs 2,000 crore (12.58 crore shares)
  • : Rs 151 to Rs 159 per share
  • : 94 shares
  • Minimum Investment: Rs 14,946 (at upper price band)
  • Founded: 2013
  • Business Focus: Sustainable supply chain asset-pooling solutions, including pallets and material handling equipment, serving sectors like FMCG, e-commerce, and automotive.

Technocraft Ventures IPO Overview

  • Overall IPO Size: Rs 251.88 crore
  • Fresh Issuance: 95 lakh new shares (Rs 201.51 crore)
  • Existing Share Sale: 24 lakh shares (Rs 50.37 crore)
  • Bidding Price: Rs 200 to Rs 212 per share
  • Lot Size: 70 shares
  • Minimum Retail Application: Rs 14,840 (at upper price)
  • Founded: 1998
  • Business Focus: Engineering, Procurement, and Construction (EPC) firm, specialising in civil infrastructure projects such as water supply, highways, and urban planning.
BSEIndiaKKRLEAP IndiaNSETechnocraft Ventures