LEAP India IPO Day 3: Subscription Status, Timeline & Key Issue Details
LEAP India’s ₹2,480.00 crore initial public offering (IPO) entered its final day of subscription today, August 11, 2026. The issue has a price band of ₹151 to ₹159 per share. As of 10:50 AM on day 3, the IPO had received bids for 0.70 times the shares on offer.
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 3 Subscription Status
[August 11, 2026, 10:50 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.61x |
|
Non-Institutional Investors (NIIs) |
1.08x |
|
Retail Individual Investors (RIIs) |
0.59x |
|
Employees |
4.01x |
|
Total |
0.70x |
About LEAP India Limited
Founded in 2013, LEAP India provides supply chain and logistics solutions centred on asset pooling and sustainable operations. Its services include pallet and container pooling, reusable packaging, transportation, inventory management and material handling solutions. In 2023, global investment firm KKR acquired a controlling stake in the company as part of its Asia-focused infrastructure investment strategy.
As of March 31, 2026, LEAP India served over 1,000 customers across industries such as FMCG, food and beverages, e-commerce, logistics, automotive and industrial manufacturing. The company also incorporates sustainability across its operations through responsible sourcing and by considering ESG factors in product development and business 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 |
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