LEAP India IPO Day 1: Subscription Status, Timeline & Key Issue Details

07 August 2026
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LEAP India’s ₹2,480 crore initial public offering (IPO) opened for public subscription today, August 7, 2026, with a price band of ₹151 to ₹159 per share. As of 10:35 A.M.on the first day of bidding, the issue had been subscribed 0.02 times.

The IPO will remain open for subscription until August 11, 2026. The basis of allotment is expected to be finalised on August 12, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 14, 2026.

LEAP India IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹2,480.00 crore
  • Fresh Issue: Up to ₹480.00 crore
  • Offer for Sale (OFS): Up to ₹2,000 crore
  • Face Value: ₹1 per equity share
  • Price Band: ₹151 to ₹159 per share
  • Lot Size: 94 shares
  • Minimum Investment Amount (Retail Investor): ₹14,946 (94 shares at the upper price band)
  • Listing: BSE, NSE
  • Book Running Lead Managers: JM Financial Limited, Avendus Capital Private Limited, IIFL Capital Services Limited and UBS Securities India Private Limited
  • Registrar: MUFG Intime India Private Limited

LEAP India IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

7 August 2026

Subscription Closing Date

11 August 2026

Basis of Allotment Date

12 August 2026

Refund Initiation Date

13 August 2026

Credit of Shares

13 August 2026

Listing on BSE and NSE

14 August 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Repayment and or prepayment, in full or in part, of certain borrowings availed by the company 
  • General corporate purposes.

LEAP India IPO Day 1 Subscription Status

[August 7, 2026, 10:35 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.01x

Retail Individual Investors (RIIs)

0.03x

Employees

0.30x

Total 

0.02x

About LEAP India Limited

Established in 2013, LEAP India is a supply chain solutions provider offering asset-pooling and sustainable logistics services. Its portfolio includes pallet and container pooling, returnable packaging, transportation, inventory management, and material handling equipment. In 2023, global investment firm KKR acquired a majority stake in the company as part of its Asia-focused infrastructure investment strategy.

As of March 31, 2026, LEAP India catered to over 1,000 customers across industries such as FMCG, food and beverages, e-commerce, logistics, automotive, and industrial manufacturing. The company also emphasises sustainability by adopting responsible sourcing practices and incorporating ESG principles into its product design and operations.

Key Financial Highlights 

Particulars

FY26      

  (in ₹ crore)

FY25      

  (in ₹ crore)

FY24                                         (in ₹ crore)

Revenue from operations

729.53

466.47 

364.97

EBITDA

378.83

273.79 

209.92

Profit After Tax (PAT)

62.34 

37.56

37.17

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.  

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