LEAP India IPO Opens on August 7, 2026, at ₹151-159 Price Band

LEAP India has announced the price band for its upcoming initial public offering (IPO), which will open for public subscription on August 7, 2026. The KKR-backed supply chain management and asset pooling company has set the price band at ₹151 to ₹159 per equity share.

The anchor investor portion will open on August 6, 2026, while the public issue will close on August 11, 2026. At the upper end of the price band, the IPO is expected to raise ₹2,480 crore.

LEAP India IPO Price Band and Subscription Details

The company has fixed the IPO price band at ₹151-159 per share, with investors required to bid for a minimum of 94 shares and in multiples thereafter. The issue comprises a fresh issue of ₹480 crore and an offer for sale (OFS) of ₹2,000 crore.

The fresh issue size has been increased from the ₹400 crore proposed in the draft papers, while the OFS component remains unchanged. The anchor investor portion will open on August 6, 2026, ahead of the public subscription window from August 7, 2026, to August 11, 2026.

LEAP India IPO OFS And Shareholding Structure

Under the OFS, promoter entity Vertical Holdings II will sell shares worth ₹1,998.62 crore, while KIA EBT Scheme 3 will offload shares worth ₹1.37 crore. Global investment firm KKR, through Vertical Holdings II, and Sunu Mathew are the company's promoters.

Before the issue, Vertical Holdings II holds a 73.78% stake in the company, while Sunu Mathew owns 21.07%. LEAP India has also reserved shares worth up to ₹1.25 crore for eligible employees.

LEAP India Business Model and Operations

Mumbai-based LEAP India operates an asset pooling platform that manages 1.47 crore assets across India. The company has built a network of more than 10,100 customer touchpoints serving industries such as FMCG, food and beverages, third-party logistics, e-commerce, quick commerce, automotive and industrials.

Asset pooling allows businesses to share logistics assets, helping improve utilisation and operational efficiency. The company submitted its draft red herring prospectus to SEBI in August 2025 and received regulatory approval in December 2025.

LEAP India Financial Performance and IPO Proceeds Utilisation

For FY26, LEAP India reported a net profit of ₹62.3 crore, representing a 66% increase from ₹37.6 crore in FY25. Revenue rose 56.4% year-on-year to ₹729.5 crore from ₹466.5 crore in the previous financial year.

The company intends to utilise ₹360 crore from the fresh issue proceeds towards repayment of debt, with the remaining amount allocated for general corporate purposes. As of June 2026, LEAP India had outstanding consolidated borrowings of ₹1,023.2 crore.

Read More: Upcoming IPOs This Week (August 3 to 7).

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.

Conclusion

LEAP India's ₹2,480 crore IPO is scheduled to open for subscription on August 7, 2026, with a price band of ₹151-159 per share. The issue comprises both a fresh issue and an offer for sale, with KKR-backed promoter Vertical Holdings II being the primary selling shareholder.

The company operates a large asset pooling platform serving multiple sectors and reported strong growth in revenue and profit during FY26. The basis of allotment is expected to be finalised on August 12, 2026, and the shares are likely to be listed on August 14, 2026.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.