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LEAP India IPO reaches 24% subscription on Day 1, led by QIB demand

Indian supply-chain solutions provider LEAP India’s IPO was subscribed 24% on Day 1, led by QIB demand. The company, which serves FMCG, ecommerce and retail clients, plans to use ₹360 Cr of fresh-issue proceeds to repay borrowings.

Reported figures

From the report. Source details below

24% overall subscription as of 14:30 IST on Day 1
2.71 Cr shares bid versus 11.50 Cr shares offered
Retail quota subscribed 10%
Employee quota subscribed 88%
Fresh issue up to ₹480 Cr; offer for sale up to ₹2,000 Cr
FY26 net profit ₹62.3 Cr, up 66%
FY26 operating revenue ₹729.5 Cr, up 56%

Also in the report

  • ₹743.6 Cr raised from anchor investors
  • ₹371.3 Cr raised in pre-IPO placement
  • ₹7,004.5 Cr valuation at upper price band

Other figures

  • QIB quota subscribed 61%
  • NII quota subscribed 6%

The source

Source Read the source at Inc42 Published

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