LEAP India Limited has fixed the price band of ₹ 151/- to ₹ 159/- per Equity Share of face value ₹ 1/- each for the initial public offer of its Equity Shares of face value ₹ 1/- each. The IPO of the Company will open on Friday, August 07, 2026, for subscription and close on Tuesday, August 11, 2026. Investors can bid for a minimum of 94 Equity Shares and in multiples of 94 Equity Shares thereafter.
- Issue Opens: August 7, 2026
- Issue Closes: August 11, 2026
- Face Value: Rs 1
- Price Band: Rs 151 – 159 per share
- Minimum Bid Lot: 94 Equity Shares
- Listing: BSE and NSE
The issued, subscribed and paid-up share capital of the Company before the Offer comprises 410,347,780 Equity Shares of ₹ 1 each. The Offer comprises a Fresh Issue of such number of Equity Shares aggregating up to ₹ 4,800 million and an offer-for-sale of ₹ 20,000 million by Vertical Holdings II Pte Ltd, one of the Promoters, and KIA EBT Scheme 3 (acting through its trustee, Catalyst Trusteeship Limited), a member of the Promoter group.
Net Proceeds from the Fresh Issue portion of the Offer to the extent of ₹ 3,600 million are proposed to be utilised for repayment/prepayment, in full or in part, of certain borrowings availed by the company.
Incorporated in 2013, the company utilises its ‘share and reuse’ business model, referred to as pooling, and it is the largest on-demand asset pooling provider in India’s supply chain management sector. As of March 31, 2026, the company has 14.70 million assets, and it maintains a pan-India network of over 10,100 customer touchpoints. This circular business model supports its customers while reducing environmental impact and enhancing the time and cost efficiency and safety of supply chains across India.
According to the F&S Report, pallets are a critical element of modern supply chains, enabling companies to operate more efficiently, reduce costs, and deliver products reliably and safely. Further, pallet pooling is a system where companies use pallets from a shared pool instead of purchasing their own pallets; this system is gaining traction as a cost-effective and efficient method to integrate palletization into supply.
Under this model, the ownership and management of pallets is outsourced to third-party providers, effectively treating pallets as a service. Through its large asset base and pan-India network, the company is able to serve a diverse customer base spanning sectors such as FMCG, food and beverage (F&B), third-party logistics, e-commerce and quick commerce, automotive, industrials, and others. As of March 31, 2026, the company had more than 1,000 customers.
For FY26, the Company’s Total Income stood at Rs 7,473.55 million as against Rs 3,719.44 million in FY24, while Revenue from Operations increased to Rs 7,295.33 million from Rs 3,649.71 million. EBITDA increased to Rs 3,788.29 million from Rs 2,099.18 million, with an EBITDA Margin of 50.69%. Net Profit After Tax increased to Rs 623.41 million from Rs 371.74 million in FY24, with a PAT Margin of 8.34%.
