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LEAP India raises ₹744 crore from anchors ahead of ₹2,480 crore IPO

Supply-chain asset pooling firm LEAP India raised ₹743.62 crore from 32 anchor investors ahead of its ₹2,480 crore IPO. The issue opens August 7 at ₹151-159 per share, with fresh proceeds earmarked for debt repayment and working capital.

Reported figures

From the report. Source details below

Post-issue market capitalisation about ₹7,005 crore
IPO opens August 7 and closes August 11
Proposed listing on or about August 14

Also in the report

  • 4.68 crore equity shares allotted
  • ₹2,000 crore offer for sale
  • ₹371.3 crore pre-IPO placement

Other figures

  • ₹480 crore fresh issue

The source

Source Read the source at The Hindu BusinessLine

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