LEAP India IPO

Name: LEAP India IPO
Brand: LEAP India
Availability: PreOrder

Upcoming Mainboard

Min Investment

₹14,946

94 Shares

Min Investment

₹14,946 · 94 Shares

Open Aug 07

Close Aug 11

Allotment Aug 12

Refund Aug 13

Listing Aug 14

Market Sentiment

Grey Market Premium What is GMP?

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+Rs 3

+1.9%

Est. Listing: Rs 162

Updated: Aug 04, 2026 2:52 pm

Subscription Status

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Subscription data not available yet

This section updates automatically once data is available.

Analysis Score 43 / 100

Neutral

Data: 50%

GMP Score 40

Financial Health 51

Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price	₹151-159 per equity share
Face Value	₹1 Per Equity Share
Lot Size	94 shares (Min ₹14,946)
Total Issue Size	₹2,480.00 crore
Fresh Share	₹480.00 crore
Offer For Sale	₹2,000.00 crore
Issue Type	Book-built Issue
Lead Manager	JM Financial Ltd., Avendus Capital Pvt. Ltd., IIFL Capital Services Ltd., UBS Securities India Pvt. Ltd.
Registrar	MUFG Intime India Pvt. Ltd.
Listing at	Both

Market Lot Size

Category	Lots	Shares	Amount (₹)
Retail Minimum	1	94	₹14,946
Retail Maximum	13	1,222	₹1,94,298
S-HNI Minimum	14	1,316	₹2,09,244
S-HNI Maximum	66	6,204	₹9,86,436
B-HNI Minimum	67	6,298	₹10,01,382

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IPO Reservation

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Return Estimator (GMP*)

Category	Investment	Expected Profit
Retail Minimum	₹14,946	+₹282
Retail Maximum	₹1,94,298	+₹3,666
S-HNI Minimum	₹2,09,244	+₹3,948
S-HNI Maximum	₹9,86,436	+₹18,612
B-HNI Minimum	₹10,01,382	+₹18,894

GMP (Rumour*) +₹3

Exp. Listing ₹162

Return +1.9%

Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data

EPS (Pre)

Rs 1.52

ROE

6.48%

ROCE

19.06%

RoNW

6.19%

EBITDA Margin

50.69%

Debt/Equity

1.01

NAV/Share

Rs 24.52

Revenue Growth

54.09%

Profit Margin

8.34%

Financial Performance

Metric	2024	2025	2026
Revenue	371.94	485.03	747.36
Expense	325.24	432.97	666.50
Profit (PAT)	37.17	37.56	62.34
Total Assets	1,400.28	2,042.46	2,401.05

Values in Crores (₹)

Promoters & Holding Pattern

Promoters: Sunu Mathew and Vertical Holdings II Pte. Ltd

Strengths & Risks

Strengths

Revenue grew 54% in the latest reported year.
Solid profit margin — 8.3%.

Risks & Concerns

Grey-market premium is slipping during the bidding window.
Modest return on equity — 6%.
Elevated leverage — debt/equity of 1.01.
Largely an offer for sale — most proceeds go to selling shareholders, not the company.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Purpose	Amount (Cr)
Repayment / prepayment, in full or in part, of certain borrowings availed by the Company	360.00
Purposes	-

Resources & Documents

Anchor Investors

Anchor Bidding Date

August 06, 2026

IPO Documents

Draft Red Herring Prospectus

Company Contact Information

LEAP India Ltd., 14th Floor, Commerz, International Business Park Oberoi Garden, Off Western Express Highway,, Goregaon, Maharashtra, 400063

Phone

+91 22 6958 8700

compliance@leapindia.net

Website

https://www.leapindia.net/

LEAP India IPO — Quick Take

LEAP India has set a price band of Rs 151–Rs 159 per share for an issue size of Rs 2,480 crore. The Mainboard issue is scheduled to open for subscription on August 07, 2026 — 3 days from now.

The issue is promoted by Sunu Mathew and Vertical Holdings II Pte. Ltd with JM Financial Ltd., Avendus Capital Pvt. Ltd., IIFL Capital Services Ltd., UBS Securities India Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment / prepayment, in full or in part, of certain borrowings availed by the Company (Rs 360 crore) and Purposes.

Grey market is quoting a premium of +Rs 3 (+1.9% over issue price).

On fundamentals, the company is posting revenue growth of 54.1%, a profit margin of 8.3%, return on equity of 6.5% in its most recent reported period.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Aug 04, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is generated from live market data and company disclosures aggregated from BSE, NSE, SEBI filings (DRHP / RHP) and the registrar's office. It is informational only and not investment advice. Consult a SEBI-registered advisor before investing. How we recommend »

Frequently Asked Questions

The price band of LEAP India IPO is Rs 151 to Rs 159 per share. Face value is Rs 1 per share.

The total issue size of LEAP India IPO is Rs 2,480 crore, comprising fresh issue of Rs 480 crore and offer for sale (OFS) of Rs 2,000 crore.

Retail investors must apply for a minimum of 1 lot of 94 shares, requiring an investment of Rs 14,946. Maximum retail application is 13 lots (1222 shares, approx Rs 1,94,298).

LEAP India IPO opens for subscription on August 07, 2026 and closes on August 11, 2026. Anchor investor bidding is scheduled for August 06, 2026.

The expected allotment date for LEAP India IPO is August 12, 2026. Refunds for unsuccessful applicants are expected on August 13, 2026.

LEAP India IPO is scheduled to list on August 14, 2026 on both BSE and NSE.

The current GMP (Grey Market Premium) of LEAP India IPO is +Rs 3 (+1.9% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

The registrar for LEAP India IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for LEAP India IPO are JM Financial Ltd., Avendus Capital Pvt. Ltd., IIFL Capital Services Ltd., UBS Securities India Pvt. Ltd..

The promoter(s) of LEAP India are Sunu Mathew and Vertical Holdings II Pte. Ltd.

You can apply for LEAP India IPO online before 11 Aug 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 14,946 for 1 lot of 94 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for LEAP India in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 94 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Our data-driven analysis currently flags LEAP India IPO as Neutral. Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

LEAP India IPO GMP — What It Means

The latest grey market premium for LEAP India IPO is ₹3 (+1.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For LEAP India it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full LEAP India GMP history and trend, or learn how grey market premium works and how reliable it is.

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