2 weeks ago

LEAP India Shares List At 4.4% Premium To Issue Price

LEAP India Shares List At 4.4% Premium To Issue Price
LEAP India Shares List At 4.4% Premium To Issue Price Of ₹159 · inc42.com

LEAP India is a company that helps other businesses share and rent things like pallets and containers used for moving products.

Its customers include big brands like Coca-Cola and Panasonic.

The company wanted to raise money, so it held an IPO, which lets people buy small pieces of the company.

Many investors wanted to buy shares, and the IPO was subscribed more than eight times.

The shares started selling on Indian stock exchanges on August 14.

They began at 166 rupees, slightly higher than the 159 rupees investors originally paid.

That means people who got shares made a small profit at the start.

Then some investors sold their shares, and the price went down a little.

The company is doing well, with profit up 66 percent in its last financial year.

Now the company is worth more than 7,000 crore rupees.

Key facts

IPO size
₹2,480 Cr (₹480 Cr fresh issue + ₹2,000 Cr offer for sale)
Issue price / price band
₹159 / ₹151-₹159
Listing price (BSE)
₹166 (4.4% premium)
Subscription
8.38X (96.32 Cr shares bid vs 11.49 Cr on offer)
Market capitalisation
₹7,011.1 Cr (~$735 Mn)
FY26 net profit
₹62.3 Cr, up 66% from ₹37.5 Cr in FY25
FY26 operating revenue
₹729.5 Cr, up 56.4% from ₹466.5 Cr in FY25
Founded
2013 by Mathew

Sources

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