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News Details

03/08/2026 14:40

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LEAP India announces launch of initial public offering

LEAP India Ltd. has announced public offering of 155974842 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 158.00 per share. The gross proceeds of the issue are expected to be Rs 2,48,000.00 lakhs.

The company's initial public offer (IPO) will open on 07 August 2026 and is expected to close on 11 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 151.00-159.00 per share.

The IPO includes a fresh Issue of 155974842 Equity Shares of the Company at an price of Rs 159.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 94 shares with bids in multiples of 94.

LEAP India Ltd. anticipates using the proceeds of the issue for .

JM Financial Ltd.,IIFL Capital Services Limited,Avendus Capital Pvt. Ltd.,UBS Securities India Pvt. Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.