On this page

LEAP India lists 4% above IPO price, valuing supply-chain asset pooler at ₹7,005 crore

LEAP India debuted at a little over 4% premium following its Rs 2,480 crore IPO. Fresh-issue proceeds will repay borrowings and support working capital, strengthening the Indian supply-chain asset-pooling company’s capital base.

Reported figures

From the report. Source details below

IPO price: Rs 159 per share
NSE listing price: Rs 165.90, up 4.34%
BSE listing price: Rs 166, up 4.40%
Fresh issue: up to Rs 480 crore
Offer for sale: up to Rs 2,000 crore
IPO bids: 96,32,60,770 shares versus 11,49,91,735 shares offered
QIB subscription: 16.84 times
Non-institutional investor subscription: 12.64 times
Retail investor subscription: 1.71 times
Institutional anchor mobilisation: Rs 743.62 crore
Pre-IPO placement: about Rs 371.3 crore

The source

Source Read the source at NDTV Profit

Published

Confirmed by CNBC-TV18, Business Today, The Hindu BusinessLine, Inc42, Entrackr

First seen