Leap India IPO

Leap India Limited is a listed issue, offered in a price band of ₹159 to ₹159 per share, in lots of 94 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹159 – ₹159

Lot size

94 shares

Minimum investment

₹14,946

Issue size

₹2,480 Cr

Fresh issue

₹480 Cr

Offer for sale

₹2,000 Cr

Opens

7 Aug 2026

Closes

11 Aug 2026

Listing date

14 Aug 2026

Registrar

MUFG Intime India Pvt. Ltd.

Symbol

LEAP

One lot of 94 shares at the upper band price of ₹159 is ₹14,946 — the smallest retail application this issue accepts.

Lead managers: Avendus Capital Private Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 11 Aug 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹13

Implied over upper band

8.20%

As of

14 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• We are the largest on-demand asset pooling provider in India's supply chain management sector, utilizing a 'share and reuse' business model.
• We maintain a pan-India network of 7,747 customer touchpoints and have 13.57 million assets as of May 31, 2025.
• We have established partnerships with over 900 customers, including blue-chip companies across various industries, as of March 31, 2025.
• Our comprehensive suite of supply chain assets, including pallets, containers, and MHE, enables us to capture a larger share of wallet from existing and new customers.
• We have a long-standing track record of profitability, having remained PAT positive since 2020.
• Our Individual Promoter, Mr. Sunu Mathew, is the Chairman, Managing Director and Chief Executive Officer with over 26 years of work experience.
• Our asset management and customer service approach is built on technology-driven processes and a commitment to operational efficiency.

Risk factors disclosed in the offer document

• Our long-term contracts with customers, if not renewed or expanded, could adversely impact our business, financial condition, results of operations and cash flows.
• Reliance on our technology infrastructure means any disruption or failure could materially affect our growth prospects, reputation, business, results of operations, financial condition and cash flows.
• Pooling asset loss and inadequate controls on equipment may result in additional expenses and negatively affect our financial performance.
• Exposure to counterparty credit risk and inability to collect receivables on time could reduce profits and affect cash flows.
• Failure to set or meet quality standards for our Assets may adversely affect our business, results of operations and financial condition.
• Increases in maintenance costs could result in additional expenses and negatively affect our financial performance.
• A majority of our revenue comes from pallet pooling, and any adverse impact on this business would affect our profitability.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (MUFG Intime India Pvt. Ltd.) after the issue closes. Track the whole calendar in the IPO Centre.

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