LEAP India
Price Band
₹151 - ₹159
Lot Size
94 Shares
Issue Size
₹2,480.00 Cr
Fresh Issue
₹480.00 Cr
OFS
₹2,000.00 Cr
Registrar
AI Sentiment Score
Listing Price
₹165.90
vs Issue: ₹159 (+4.34%)
📅 IPO Timeline
✓
Open
Aug 7, 2026
✓
Close
Aug 9, 2026
✓
Allotment
Aug 11, 2026
✓
Refund
Aug 12, 2026
✓
Demat
Aug 12, 2026
✓
Listing
Aug 14, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
LEAP India displays an established operational footprint with expanding revenue streams (42.4% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (42.4% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 8.34%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Repayment / prepayment, in full or in part, of certain borrowings availed by the Company | ₹360.00 |
| Purposes | ₹2,120.00 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 253.00 Cr | Rs 365.00 Cr | Rs 466.00 Cr | Rs 730.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 9.00 Cr | Rs 37.00 Cr | Rs 38.00 Cr | Rs 62.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 121.00 Cr | Rs 203.00 Cr | Rs 255.00 Cr | Rs 361.00 Cr |
| Borrowings (₹ Cr) | Rs 396.00 Cr | Rs 761.00 Cr | Rs 1,228.00 Cr | Rs 1,467.00 Cr |
| Total Assets (₹ Cr) | Rs 1,115.00 Cr | Rs 1,400.00 Cr | Rs 2,047.00 Cr | Rs 2,401.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 8.34% | 8.34% | 8.34% | 8.34% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
108.0x
Industry P/E
124.2x
Debt/Equity
2.12
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 124.2x
IPO 108.0x
0x (Deep Value)
168x (High Multiple)
📋 Live Subscription Status
QIB
17.73x
NII
10.93x
Retail
1.81x
Total
8.82x
🎯 Retail Allotment Probability
55.2% Odds
1 in 1.8 chance (~55.2% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Aug 15, 2026 8:08 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹2,480.0 Cr
Issue Size
Fresh (19.4%)
OFS (80.6%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.