Leap India IPO
Miscellaneous • ₹2480cr
High risk because:
- Loss-making or weak profitability noted in DRHP
- 5 material risk factors disclosed in DRHP
- High dependence on the pallet pooling business for the majority of revenue.
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹151-159
Lot Size
94 shares
Issue Size
₹2480cr
Open
07 Aug 2026
Close
11 Aug 2026
Subscription
—
GMP +₹3 → est. ₹162
IPO Schedule
| Issue Open Date | 07 Aug 2026 |
| Issue Close Date | 11 Aug 2026 |
| Allotment Date | 12 Aug 2026 |
| Listing Date | 14 Aug 2026 |
About Leap India
LEAP India is an asset pooling company that provides supply chain solutions across India. The company’s core business involves the pooling of a large asset base, including over 14.7 million pallets, containers, and material handling equipment (MHEs). It rents these assets to over 1,000 clients in sectors such as fast-moving consumer goods (FMCG), automotive, industrials, and logistics. The company’s primary source of revenue is rental income from these pooled assets. Operating under a full-service model, LEAP India manages the warehousing and distribution of its returnable packaging assets through a pan-India network of 29 fulfilment centres and over 10,100 customer touchpoints. The entire business operates as a single segment focused on the hiring and trading of pallets, crates, and related services. Discuss on Trading Q&A
Company Details
Founders / Promoters
Mr Sunu Mathew
Founded
2013
Registrar
LINK
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Grey Market Premium (GMP)
Issue Price
₹159
GMP
+₹3
Est. Listing
₹162
Est. Gain
+1.9%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
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FAQ
What is the price band of Leap India IPO?
The price band is ₹151-159 per share with a lot size of 94 shares. Minimum investment: ₹14,946.
What does Leap India do?
LEAP India is an asset pooling company that provides supply chain solutions across India. The company’s core business involves the pooling of a large asset base, including over 14.7 million pallets, containers, and material handling equipment (MHEs). It rents these assets to over 1,000 clients in sectors such as fast-moving consumer goods (FMCG), automotive, industrials, and logistics. The company’s primary source of revenue is rental income from these pooled assets. Operating under a full-service model, LEAP India manages the warehousing and distribution of its returnable packaging assets through a pan-India network of 29 fulfilment centres and over 10,100 customer touchpoints. The entire business operates as a single segment focused on the hiring and trading of pallets, crates, and related services. Discuss on Trading Q&A
Should I apply for Leap India IPO?
Leap India is a Miscellaneous mainboard IPO and opens 07 Aug 2026 with a ₹151-159 price band (₹2480cr issue) — subscription data is not live yet, so demand signals are unavailable. Unofficial grey market premium is around ₹3, roughly 2% above the ₹159 upper band for this Miscellaneous IPO — useful as a sentiment check before listing, but not verified by NSE/BSE/SEBI.
Who founded Leap India?
Leap India was founded by Mr Sunu Mathew in 2013.