LEAP India Ltd. IPO is a book-built issue aggregating up to ₹2,400.00 crore. The IPO comprises a fresh issue of equity shares worth ₹400.00 crore and an offer for sale of ₹2,000.00 crore. The company has received approval from SEBI on December 5, 2025, and the IPO will be launched subject to market conditions and other statutory approvals. The equity shares are proposed to be listed on BSE and NSE.
Key details such as the IPO opening and closing dates, price band, lot size, minimum investment amount, allotment date, and listing date are yet to be announced by the company.
JM Financial Ltd. is the book-running lead manager to the issue, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar for the IPO.
For detailed information on the company’s business operations, financial performance, risk factors, and objects of the issue, investors are advised to refer to the LEAP India IPO DRHP.
Industry Outlook
- India’s supply chain ecosystem is rapidly evolving, with a strong focus on efficiency, resilience, and global competitiveness.
- Adoption of modern warehousing, palletisation, and material handling systems is increasing to meet international standards and reduce operational inefficiencies.
- India’s palletisation rate is around 15%, compared with over 90% in North America and the European Union in 2024, indicating substantial growth potential.
- The low palletisation base highlights significant opportunities for asset pooling solutions using shared and reusable logistics platforms.
- The pooled assets market, covering pallets, containers, and material handling equipment, is expected to grow at double-digit rates over the next decade.
LEAP India IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Repay or prepay existing borrowings to reduce outstanding debt and strengthen the balance sheet.
- Improve financial flexibility by lowering interest costs and enhancing capital structure.
- Utilise funds for general corporate purposes, including administrative needs, operational improvements, and strategic growth initiatives.
- Enhance corporate visibility and governance through listing on BSE and NSE, improving investor confidence and access to capital markets.
About LEAP India Limited
LEAP India Limited was originally incorporated as LEAP India Private Limited on 3 July 2013 under the Companies Act, 1956. It was subsequently converted into a public limited company and renamed LEAP India Limited on 31 July 2025 following shareholder approval and issuance of a fresh certificate of incorporation by the Registrar of Companies.
The company is India’s largest on-demand asset pooling provider, offering pallets, containers, and material handling equipment to support supply chain operations across diverse industries. Its ‘share and reuse’ model enables businesses to optimise logistics efficiency, reduce costs, and enhance sustainability through pooled assets.
LEAP India operates from its registered and corporate office in Goregaon (East), Mumbai, and has established a strong presence across India through a network of service centres and customer touchpoints. The company’s solutions cater to leading FMCG, food and beverage, and industrial clients, leveraging technology-driven platforms for asset tracking and lifecycle management.
With a focus on operational excellence and innovation, LEAP India aims to capitalise on the growing demand for modern warehousing and palletisation in India, driven by global manufacturing standards and supply chain digitisation. Its growth strategy is underpinned by scale, technology integration, and long-term customer relationships, positioning the company as a key enabler of efficient and sustainable logistics.
How To Check the Allotment Status of the LEAP India IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for LEAP India IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the LEAP India IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of LEAP India IPO
Registered and Corporate Office: 14th Floor, Commerz, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai – 400063, Maharashtra, India.
Phone: +91 22 6958 8700
E-mail: compliance@leapindia.net
