31 Mar 2024
Assets1,400.28
Total Income371.94
EBITDA209.92
Profit After Tax37.17
NET Worth714.18
Reserves and Surplus521.84
Total Borrowing513.07
At a glance
Updated 2026-09-09The shares listed at ₹165.90, a 4.34% move from the issue price. LEAP India is a Mainboard IPO with an issue size of ₹2,480.00 crore, proposed for listing on BSE, NSE. The offer opens on 7th Aug 2026 and closes on 11th Aug 2026. The issue structure includes a fresh issue of ₹480.00 crore and an offer-for-sale component of ₹2,000.00 crore. The current listing schedule points to 14th Aug 2026.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,480.00 Cr
Fresh issue₹480.00 Cr
Offer for sale₹2,000.00 Cr
Face value₹1
Price band₹151.00–₹159.00
Allotment12th Aug 2026
Listing14th Aug 2026
Listing performance
Full performance ↗Issue price₹159.00
Listing price₹165.90
Current price—
Listing gain4.34%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹13.00
GMP / upper price8.18%
Est. listing₹172.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Aug 2026
Closes11th Aug 2026
Allotment12th Aug 2026
Refund13th Aug 2026
Demat13th Aug 2026
Listing14th Aug 2026
Subscription demand
Full bidding ↗QIB17.73×
sHNI10.93×
bHNI14.49×
NII / HNI14.49×
Retail1.81×
Total8.82×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 94 | ₹14,946 |
| Retail (Max) | 13 | 1222 | ₹194,298 |
| S-HNI (Min) | 14 | 1316 | ₹209,244 |
| S-HNI (Max) | 66 | 6204 | ₹986,436 |
| B-HNI (Min) | 67 | 6298 | ₹1,001,382 |
Reservation
Issue mix
QIB49.97%7,79,48,111 shares
− Anchor Investor29.98%4,67,68,854 shares
− QIB (Ex. Anchor)19.99%3,11,79,257 shares
NII (HNI)14.99%2,33,84,434 shares
− bNII > ₹10L9.99%1,55,89,623 shares
− sNII < ₹10L5.00%77,94,811 shares
Retail34.98%5,45,63,679 shares
Preferential Reservations
Employee0.05%78,616 shares
Total100.00%15,59,74,840 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment / prepayment, in full or in part, of certain borrowings availed by the Company | ₹360.00 Cr |
| General Corporate Purposes | ₹98.29 Cr |
| Issue Expenses | ₹112.19 Cr |
| Total | ₹570.47 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue747.36₹ Cr · +54.1% vs prior year
EBITDA378.83₹ Cr · +38.4% vs prior year
PAT62.34₹ Cr · +66.0% vs prior year
Assets2,401.05₹ Cr · +17.6% vs prior year
Net Worth1,006.33₹ Cr · +9.7% vs prior year
Borrowing1,017.73₹ Cr · +27.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets2,042.46
Total Income485.03
EBITDA273.80
Profit After Tax37.56
NET Worth917.35
Reserves and Surplus606.09
Total Borrowing801.66
31 Mar 2026
Assets2,401.05
Total Income747.36
EBITDA378.83
Profit After Tax62.34
NET Worth1,006.33
Reserves and Surplus678.78
Total Borrowing1,017.73
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 6.48% |
| ROCE | 19.06% |
| Debt / Equity | 1.01% |
| RoNW | 6.19% |
| PAT Margin | 8.34% |
| EBITDA Margin | 50.69% |
| Price to Book Value | 6.48 |
Valuation & shareholding
Pre-IPO EPS1.52
Post-IPO EPS1.42
Pre-IPO P/E104.61
Post-IPO P/E111.97
Promoter holding pre90.04%
Promoter holding post55.64%
Market cap₹7004.53 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Leap India IPO | — | 111.97 x | — | — |
| Skyways Air IPO | — | 31.57 x | — | — |
| Horizon Industrial IPO | — | - | — | — |
| Shiprocket Limited IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Repayment / prepayment, in full or in part, of certain borrowings availed by the Company | ₹360.00 Cr |
| General Corporate Purposes | ₹98.29 Cr |
| Issue Expenses | ₹112.19 Cr |
| Total | ₹570.47 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- UBS Securities India Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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