LEAP India’s ₹2,480.00 crore initial public offering (IPO) entered its second day of subscription today, August 10, 2026. The issue has a price band of ₹151 to ₹159 per share. As of 10:25 AM on day 2, the IPO had received bids for 0.31 times the shares on offer.

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 2 Subscription Status

[August 10, 2026, 10:25 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.61x
Non-Institutional Investors (NIIs)	0.18x
Retail Individual Investors (RIIs)	0.19x
Employees	1.55x
Total	0.31x

About LEAP India Limited

Founded in 2013, LEAP India provides supply chain and logistics solutions focused on asset pooling and sustainable operations. Its offerings cover pallet and container pooling, reusable packaging, transportation, inventory management, and material handling solutions. In 2023, global investment firm KKR acquired a controlling interest in the company under its Asia-focused infrastructure investment strategy.

As of March 31, 2026, LEAP India served more than 1,000 customers across sectors including FMCG, food and beverages, e-commerce, logistics, automotive and industrial manufacturing. The company also integrates sustainability into its business through responsible sourcing and the use of ESG considerations in product development and operational practices.

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