Leap India Sets ₹2,480-Crore IPO Price Band at ₹151-159

Leap India Limited, a KKR-backed supply-chain operator, has announced a price band of ₹151-159 per equity share for its ₹2,480-crore initial public offering (IPO). The IPO will open for subscription on August 7 and close on August 11.

The offer comprises a fresh issue of ₹480 crore and an offer-for-sale of up to ₹2,000 crore. The company plans to utilize the net proceeds from the fresh issue to repay or prepay certain borrowings.

Leap India is the largest on-demand asset pooling provider in the domestic supply chain management sector, with 14.70 million assets and over 10,100 customer touch points across India. The company's 'share and reuse' business model supports its customers by enhancing time and cost efficiency and safety of supply chains.

The company's total income stood at ₹747.35 crore in 2025-26, with an EBITDA of ₹378.8 crore and a net profit after tax of ₹62.34 crore. The IPO will be listed on the BSE and NSE on August 14.

JM Financial Limited, Avendus Capital Private Limited, IIFL Capital Services Limited, and UBS Securities India Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.

Leap India's solutions help customers connect different stages of their value chain, from manufacturing to distribution and retail. The company's technology-enabled supply chain solutions cater to customer requirements across industries.

The IPO is expected to provide a significant boost to the company's growth plans, with the proceeds from the fresh issue being utilized to strengthen its financial position.

The listing of the IPO on August 14 will be closely watched by investors, as it is expected to provide a benchmark for the company's valuation.

In conclusion, Leap India's IPO is a significant development in the supply chain management sector, and the company's strong financial performance and growth plans make it an attractive investment opportunity for investors.