Upcoming IPO: Mumbai-based provide chain asset supplier Leap India Ltd filed its preliminary draft papers with the capital markets regulator, the Securities and Trade Board of India (Sebi), on Friday, 29 August 2025, in keeping with the official submitting.
The corporate goals to boost a complete of ₹2,400 crore from the Indian inventory market by way of a mix of recent concern of fairness shares, together with a suggestion on the market (OFS) element.
Leap India IPO Particulars
Leap India is providing a book-built concern comprising a recent concern of fairness shares with a face worth of Re 1 apiece, amounting to ₹400 crore. The IPO additionally has a suggestion on the market (OFS) element, providing fairness shares owned by the promoter promoting stakeholder amounting to ₹2,000 crore, in keeping with the draft papers.
The corporate plans to make use of the proceeds raised from the recent concern to fund ₹300 crore of debt reimbursement, and the remainder of the funds are set for use for working capital necessities.
Vertical Holdings and KIA EBT are the promoters promoting stakeholders within the public concern. The corporate goals to allocate no more than 50% of the supply to the certified institutional patrons (QIBs), whereas they plan to allot no more than 15% to non-institutional buyers (NIIs) and 35% to the retail buyers.
JM Monetary Restricted, IIFL Capital Companies Restricted, UBS Securities India Personal Ltd and Avendus Capital Personal Restricted are the book-running lead managers of the general public concern, whereas MUFG Intime India Personal Restricted is the registrar of the supply.
About Leap India
In keeping with the official firm knowledge, Leap India holds 13.57 million belongings and has a pan-India community of seven,747 buyer touchpoints and 30 fulfilment centres. The corporate makes use of these centres to facilitate the storage, upkeep, restore, and speedy deployment of its belongings to its prospects.
With over 900 prospects, Leap India caters to marquee purchasers like Panasonic Life Options India Personal Ltd, Marico Ltd, Haier Home equipment Personal Ltd, Hindustan Coca Cola Drinks Personal Ltd., Daikin, Daimler India Business Autos, and JM Baxi, and many others.
The submitting knowledge additionally confirmed that the corporate has earned ₹485 crore in income from core operations, whereas making ₹37.5 crore in internet income for the monetary yr ended 2024-25.
Learn all tales by Anubhav Mukherjee
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