LEAP India IPO Details: Issue Size, Business Overview, Financials & Key Details

A Quick Summary

LEAP India IPO is a Book Build Mainboard IPO with a total issue size of ₹2,480 crore. The IPO comprises a fresh issue of ₹480 crore and an Offer for Sale (OFS) of ₹2,000 crore. The IPO opens on 7 August 2026 and closes on 11 August 2026.

LEAP India Limited is India's largest asset pooling and returnable packaging solutions company, providing pallets, containers, material handling equipment, inventory management, transportation, and repair & maintenance services. The company serves leading businesses across FMCG, food & beverage, e-commerce, quick commerce, automotive, industrial, and third-party logistics sectors.

The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of 14 August 2026.

LEAP India IPO: Key Details

For complete details on the IPO, company financials, GMP, subscription, and allotment, investors can refer to the detailed LEAP India IPO information.

LEAP India IPO GMP

Note: GMP (Grey Market Premium) is based on unofficial market sources and changes frequently depending on investor sentiment. It should not be considered a guarantee of listing performance.

LEAP India IPO Subscription Status

Note: Live subscription data will be updated once bidding opens on the NSE and BSE.

About LEAP India Limited

Incorporated in 2013, LEAP India Limited is a leading provider of sustainable supply chain asset pooling and logistics solutions. The company offers reusable logistics assets and services, including pallets, containers, material handling equipment (MHE), inventory management, transportation, and repair & maintenance, serving industries such as FMCG, food & beverage, 3PL, e-commerce, quick commerce, automotive, industrials, and consumer durables. In 2023, global investment firm KKR acquired a majority stake in the company, and as of 31 March 2025, LEAP India had 366 permanent employees.

LEAP India IPO Structure & Objectives

The LEAP India IPO comprises a fresh issue of ₹480 crore and an Offer for Sale (OFS) of ₹2,000 crore by existing shareholders. The company plans to utilize the net proceeds from the fresh issue primarily for repayment or prepayment of borrowings worth ₹360 crore and general corporate purposes. The proceeds from the OFS will be received by the selling shareholders.

Strong Financial Performance

Key Highlights

• Revenue increased by 54%, from ₹485.03 crore in FY25 to ₹747.36 crore in FY26.
• Profit after tax grew by 66%, from ₹37.56 crore to ₹62.34 crore.
• EBITDA increased to ₹378.83 crore, reflecting strong operational performance.
• Net worth crossed ₹1,000 crore during FY26.
• The company reported an EBITDA Margin of 50.69%, ROCE of 19.06%, and ROE of 6.48%.

Risks Investors Should Know

Investors should consider the following risks before investing:

• The business depends on continued growth in logistics, FMCG, and e-commerce sectors.
• High borrowings could impact profitability despite planned debt repayment.
• Asset-intensive operations require continuous capital expenditure.
• Customer concentration risk may impact revenues if major clients reduce business.
• Competition from organized and regional logistics service providers remains strong.
• Economic slowdowns may reduce demand for pooled logistics assets.

Investors should carefully read the RHP before making any investment decision.

Three Important IPO Facts

• ₹2,480 Crore IPO: ₹480 crore fresh issue and ₹2,000 crore OFS.
• Asset Pooling Leader: India's leading provider of reusable logistics assets.
• Strong FY26 Growth: Revenue up 54%, PAT up 66%, with a 50.69% EBITDA margin.

Summary

LEAP India Limited is a leading asset pooling and supply chain solutions provider with a strong presence across multiple industries. Backed by solid financial growth, the IPO opens on 7 August 2026 and closes on 11 August 2026, with a tentative listing on 14 August 2026. Investors should review the company's valuation, financials, and RHP before investing.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. IPO details, GMP, subscription data, and market information may change. Investors should consult a SEBI-registered financial advisor before making any investment decisions.

Author: Diwakar Kumar Singh

Diwakar Kumar Singh is a BFSI specialist and finance writer with over 7 years of hands-on experience in financial research, content creation, and analysis.

A Gold Medalist in MBA (Marketing) from IMT, he combines deep analytical skills with practical insights gained from evaluating companies, IPOs, unlisted shares, financial ratios, and investment opportunities. Diwakar has personally analysed hundreds of financial instruments and market scenarios, which he uses to break down complex topics into clear, actionable advice.

He has authored numerous in-depth finance articles, published multiple books internationally, and contributed to research publications. His work focuses on helping everyday investors and readers make better-informed financial decisions through well-researched, evidence-based explanations that are always grounded in real-world application rather than theory alone.