Archive · 3 Aug 2026
LEAP India Sets ₹151-₹159 Price Band for ₹2,480 Crore IPO
LEAP India, a company that helps businesses manage their assets, is going public.
It will sell shares at a price between ₹151 and ₹159 each.
People can buy at least 94 shares at a time.
The company will raise about ₹2,480 crore, using part of it to pay off loans.
The shares will start trading on the stock market on August 14.
LEAP India fixed its IPO price band at ₹151-₹159 per share with a minimum lot of 94 shares.
The fresh issue is ₹480 crore and the offer for sale (OFS) is ₹2,000 crore, totaling ₹2,480 crore.
Anchor investor subscription opens on August 6, public issue on August 7-11, allotment finalized on August 12, and listing likely on August 14.
Half of the issue is reserved for qualified institutional buyers, 15% for non‑institutional investors, and 35% for retail investors; up to ₹1.25 crore shares are set aside for employees.
LEAP India plans to use ₹360 crore of fresh issue proceeds to repay debt, with the rest for general corporate purposes; FY26 net profit rose 66% to ₹62.3 crore.
- Who
- LEAP India, promoted by KKR (via Vertical Holdings II) and Sunu Mathew
- What
- Initial public offering with a price band of ₹151-₹159 per share
- When
- Anchor investor subscription opens August 6, public issue August 7-11, allotment finalized August 12, listing likely August 14
- Where
- Mumbai, India
- Why
- To raise capital for debt repayment and general corporate purposes
- Price band
- ₹151-₹159 per share
- Issue size
- ₹2,480 crore
- Fresh issue
- ₹480 crore
- OFS
- ₹2,000 crore
- Employee shares
- ₹1.25 crore
- Debt repayment
- ₹360 crore
- Listing date
- August 14, 2026
