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LEAP IPO

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Open Date

7 Aug 2026

Close Date

11 Aug 2026

Min Investment

₹ 14,194

Lot Size

94

Issue Size

₹ 2480.00 Cr

Price Range

₹ 151 - ₹ 159

Subscribed

8.36 x
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
7 Aug 2026
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IPO Offer Ends
11 Aug 2026
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Allotment Finalisation
12 Aug 2026
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Refund Initialisation
13 Aug 2026
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Non-Institutional Buyers (sHNI)
13 Aug 2026
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Listing of Shares
14 Aug 2026
IPO Subscription Details as on 14 Nov 2026, 09:22 PM
Qualified Instituational Buyers (QiB)
16.84 x
Retail
1.68 x
Employees
10.9 x
Total
8.36 x
Non-Institutional Buyer (bHNI)
13.77 x
Non-Institutional Buyer (sHNI)
10.34 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is the largest on-demand asset pooling provider in India's supply chain management sector, utilizing a 'share and reuse' business model referred to as pooling. The company operates with 14.70 million assets including pallets, containers and material handling equipment (MHEs) across a pan-India network of over 10,100 customer touchpoints and 29 fulfilment centres. The company serves diverse customers spanning FMCG, food and beverage, third-party logistics, e-commerce, automotive, and industrial sectors through technology-enabled supply chain solutions that connect different stages of customers' value chains from manufacturing to retail distribution.
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Founded In

2013

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CEO

Sunu Mathew

Financials of Leap India IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue364.97466.47729.53
Other Income6.9718.5617.82
Total Income
371.94485.03747.36
Total Expenses
325.24432.97666.50
Profit Before Tax46.7152.0680.85
Total Profit
37.1737.5662.34

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize the Net Proceeds towards repayment/prepayment of certain borrowings availed from banks and financial institutions. This will help reduce outstanding indebtedness and debt servicing costs and enable utilization of internal accruals for further investment towards business growth and expansion.360
The company proposes to utilize the Net Proceeds towards general corporate purposes including acquisition of fixed assets, funding of growth opportunities, strategic initiatives, insurance, repair and maintenance, payment of taxes, duties and meeting expenses incurred in the ordinary course of business.-
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  • Industry with multi-decadal and rapid growth story: The company operates in a rapidly growing industry where palletization adoption in India is at 9.4% penetration with only 10 million pooled pallets out of 106 million total pallets, compared to 89% in North America and 91% in EU.
  • Largest on-demand supply chain asset pooling company: The company is the largest on-demand asset pooling provider in India's supply chain management sector with 14.70 million assets, spanning 10,100 customer touchpoints and 29 fulfilment centres as of March 31, 2026.
  • Trusted supply chain partner with focus on quality and sustainability: The company provides asset-light pooling solutions using 100% FSC certified SPF timber, enabling customers to avoid upfront procurement costs while ensuring standardized, high-quality assets with comprehensive testing protocols and IIP certification.
  • Highly resilient business model with blue-chip customer base: The company serves over 1,000 customers across diversified high-growth sectors including FMCG, F&B, 3PL, e-commerce, automotive and industrials with contracts ranging 1-5 years and built-in price escalations for margin protection.
  • Efficient asset management capabilities led by technology: The company was the first in India to introduce passive RFID-tagged containers and operates IoT-enabled MHE fleet with MyLEAP platform providing real-time asset tracking and comprehensive digital solutions for customers.
  • Strong financial performance with rapid growth: The company achieved revenue growth from ₹3,649.71 million in Fiscal 2024 to ₹7,295.33 million in Fiscal 2026, maintaining EBITDA margins of 50.69% and Cash PAT margins of 35.68% in Fiscal 2026.
  • Founder-led company with experienced management team: The company is led by Mr. Sunu Mathew with over 26 years of experience and supported by management team averaging 27 years of industry experience, backed by reputed investors including KKR-affiliated entities.
  • High growth potential through increasing penetration strategies: The company plans three-pronged growth strategy: expansion within existing industries, penetration in new industries like textiles and pharmaceuticals, and expansion across supply value chain with dedicated team of 579 professionals for market education.

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