3 weeks ago
Leap India Raises ₹371.3 Crore Pre-IPO, GIC Arm Joins Investors
Leap India is a company that helps other businesses share the trucks, warehouses, and equipment they need to move and store goods.
Before a company sells shares to the public for the first time, it can first sell shares to big, special investors.
That is called a pre-IPO placement, and Leap India just did one.
The company raised about 371 crore rupees by selling over 2.3 crore shares at 159 rupees each.
Most of the money, about 280 crore rupees, came from a company owned by Singapore's big government investment fund, GIC.
Another investment firm, Dymon Asia, bought shares worth nearly 50 crore rupees.
One of Leap India's own promoters also invested through a company he mostly owns, putting in about 23 crore rupees.
Soon regular people will also get a chance to buy Leap India shares.
The public offer starts on 7 August 2026 and stays open until 11 August 2026.
Leap India raised approximately Rs 371.3 crore through a pre-IPO private placement before its public issue opens.
The company allotted 2,33,51,100 equity shares at Rs 159 per share, including a premium of Rs 158 on a face value of Rs 1.
Gamnat Pte Ltd, a subsidiary of Singapore's sovereign wealth fund GIC, was the largest investor with about Rs 279.99 crore.
Dymon Asia Multi-Strategy Investment invested nearly Rs 49.99 crore, and promoter-linked Matyas Possessiones invested roughly Rs 22.99 crore.
The IPO opens for public subscription on 7 August 2026 and remains open until 11 August 2026.
- Who
- Leap India, an asset-pooling services company, and investors Gamnat Pte Ltd (a GIC subsidiary), Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd, and promoter-linked Matyas Possessiones Private Limited.
- What
- Leap India raised about Rs 371.3 crore via a pre-IPO placement of 2,33,51,100 equity shares at Rs 159 each, ahead of its IPO.
- Where
- India — the report is datelined Mumbai and the company serves businesses across India's supply chain sector.
- When
- The placement was allotted in early August 2026, disclosed via advertisement on 6 August 2026, with the IPO running from 7 to 11 August 2026.
- Why
- To bring major institutional investors onto the company's shareholder list before the public offer opens.
Key facts
- Amount raised
- Rs 371.3 crore
- Shares allotted
- 2,33,51,100 equity shares
- Issue price
- Rs 159 per share (face value Rs 1, premium Rs 158)
- Largest investor
- Gamnat Pte Ltd (GIC subsidiary) — approximately Rs 279.99 crore
- Other investors
- Dymon Asia Multi-Strategy Investment — nearly Rs 49.99 crore; Matyas Possessiones — approximately Rs 22.99 crore
- IPO dates
- Opens 7 August 2026; closes 11 August 2026
- Company profile
- India's largest provider of on-demand pooled assets for supply chains; formerly Leap India Private Limited
- Disclosure
- Advertisement published in the Financial Express on 6 August 2026
Sources
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