· Mainboard · NSE, BSE
Price Band
₹151–159
Lot Size
94 shares
Issue Size
₹2,480 Cr
Min. Investment
₹14,946
Indicative, updates through the day
Cap price plus current GMP: ₹172 — arithmetic, not a forecast
LEAP India IPO is a Mainboard issue that listed on NSE, BSE on 14 August 2026. The issue price band is fixed at ₹151–₹159 per equity share with a minimum market lot size of 94 shares, bringing the total issue size to ₹2,480 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,946.
The latest unlisted Grey Market Premium (GMP) for LEAP India IPO is quoted at ₹13, representing a premium of approximately 8.18% over the upper price band of ₹159. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹172, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, LEAP India IPO has been subscribed 8.8x overall — with QIB at 17.73x, NII at 13.29x, bNII at 14.49x, sNII at 10.89x, Retail at 1.77x, Employee at 11.47x, representing over 9,72,027 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 94 shares (approx. ₹14,946 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime), with the basis of allotment finalised on 12 August 2026 and listing completed on 14 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹159
Listed At
₹165.9
Current Price
₹144.93
Incorporated in 2013, LEAP India Ltd specializes in sustainable supply chain and asset-pooling solutions. It offers services including equipment pooling, returnable packaging, inventory management, transportation, and repair & maintenance across industries like e-commerce, FMCG, automotive, and consumer durables. Global investment firm KKR acquired a majority stake in LEAP India in 2023, aligning with its Asia infrastructure strategy The company serve a diverse customer base spanning sectors such as fastmoving consumer goods (“FMCG”), food and beverage (“F&B”), third-party logistics (“3PL”), e-commerce and quick commerce, automotive, industrials and others. The company incorporated ESG considerations into the business by focusing on responsible sourcing and product design that supports sustainability. The company established partnerships with more than 1,000 customers as of March 31, 2026, including with blue-chip companies across various industries. The customer list includes reputed companies such as Hindustan Coca-Cola Beverages Private Limited, Marico Limited, Toll (India) Logistics Private Limited, Daikin Airconditioning India Private Limited, Panasonic Life Solutions India Private Limited, among others. As of March 31, 2026, the company had 419 permanent employees and 2,062 MHE operators.
LEAP India IPO raises ₹743.62 crore from anchor investors. LEAP India IPO Anchor bid date is August 6, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 7,79,48,111 | 50% |
| − Anchor Investor | 4,67,68,854 | 0% |
| − QIB (Ex. Anchor) | 3,11,79,257 | 0% |
| NII (HNI) | 2,33,84,434 | 15% |
| − bNII > ₹10L | 1,55,89,623 | 0% |
| − sNII < ₹10L | 77,94,811 | 0% |
| Retail | 5,45,63,679 | 35% |
| Employee | 78,616 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹14,946 |
| Retail (Max) | 13 | 1222 | ₹1,94,298 |
| S-HNI (Min) | 14 | 1316 | ₹2,09,244 |
| S-HNI (Max) | 66 | 6204 | ₹9,86,436 |
| B-HNI (Min) | 67 | 6298 | ₹10,01,382 |
EPS (Pre IPO)
1.52
EPS (Post IPO)
1.42
ROE
6.19%
P/E (Pre IPO)
104.61
P/E (Post IPO)
111.97
Price / Book
6.48
Market Cap
₹6,524.53 Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| WeWork India Management Ltd. | 67.75 | ₹2,999.64 Cr | |
| Dev Accelerator Ltd. | 233.25 | ₹143.35 Cr | |
| Aegeus Technologies Ltd. | 15.98 | ₹23.71 Cr | |
| Propshop Events & Exhibitions Ltd. | 12.32 | ₹28.57 Cr | |
| PAN HR Solutions Ltd. | 8.41 | ₹17.04 Cr | |
| Armour Security India Ltd. | 17.53 | ₹26.51 Cr |
LEAP India Ltd. Address
MUFG Intime India Pvt. Ltd. (formerly Link Intime)