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LEAP India IPO opens August 7: Price band fixed at Rs 151–159 per share; issue size Rs 2,480 crore

  • August 3, 2026
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KKR-backed supply chain asset pooling firm LEAP India has set a value band of Rs 151 to Rs 159 per share for its Rs 2,480 crore IPO. The

LEAP India IPO opens August 7: Price band fixed at Rs 151–159 per share; issue size Rs 2,480 crore


KKR-backed supply chain asset pooling firm LEAP India has set a value band of Rs 151 to Rs 159 per share for its Rs 2,480 crore IPO.

The general public situation will open for subscription on 7 August and shut on 11 August, whereas bidding for anchor investors will happen on 6 August.

The minimal bid lot has been mounted at 94 shares and multiples of 94 thereafter.

The premise of allotment is predicted to be finalised on 12 August. Refunds are attributable to be initiated on 13 August, when shares are additionally anticipated to be credited to profitable candidates’ demat accounts.

Buying and selling in LEAP India shares is tentatively scheduled to start on the BSE and the NSE on 14 August.

The provide includes a recent situation of shares value as much as Rs 480 crore and a proposal on the market value as much as Rs 2,000 crore by present shareholders.

LEAP India elevated the recent situation from the Rs 400 crore proposed in its DRHP filed in August 2025. The dimensions of the offer-for-sale part stays unchanged.

Beneath the provide on the market, promoter Vertical Holdings II Pte Ltd will promote shares value as much as Rs 1,998.62 crore. KIA EBT Scheme 3, a promoter group entity performing by its trustee, will promote shares value as much as Rs 1.38 crore.

The corporate won’t obtain any proceeds from the provide on the market, which can go to the promoting shareholders after relevant bills and taxes.

Shares value as much as Rs 1.25 crore have been reserved for eligible workers.

LEAP India acquired a last remark letter from the SEBI on 5 December 2025, permitting it to proceed with the general public providing course of.

The corporate plans to make use of as much as Rs 360 crore from the online proceeds of the recent situation to repay or prepay a few of its borrowings. The remaining funds shall be used for common company functions.

Its consolidated excellent borrowings stood at Rs 1,023.20 crore as of 30 June 2026.

Integrated in July 2013, Mumbai-based LEAP India offers pooled provide chain property, together with pallets, containers and material-handling tools.

As of 31 March 2026, the corporate managed 1.47 crore property and had greater than 10,100 buyer touchpoints throughout India.

It serves sectors together with fast-moving shopper items, meals and drinks, third-party logistics, e-commerce and quick commerce, automotive and industrials.

Vertical Holdings II, an affiliate of world funding agency KKR, held a 73.78% stake in LEAP India earlier than the difficulty. Founder Sunu Mathew owned 21.07%.

LEAP India’s income from operations rose by 56.39% to Rs 729.53 crore within the monetary yr ended March 2026, from Rs 466.47 crore a yr earlier, whereas PAT elevated by 65.99% to Rs 62.34 crore, in contrast with Rs 37.56 crore within the earlier monetary yr.

JM Monetary, Avendus Capital, IIFL Capital Providers and UBS Securities India are the book-running lead managers for the IPO. MUFG Intime India is the registrar.