MUMBAI: LEAP India Limited’s Rs 2,400 crore IPO has received SEBI approval, but specific launch dates and price bands are yet to be announced. The book-built public issue comprises a fresh issue of Rs 400 crore and an offer for sale (OFS) of up to Rs 2,000 crore.
IPO Structure & Details: Total Issue Size: Up to Rs 2,400 crore Fresh Issue: Rs 400 crore (approx. Rs 300.12 crore earmarked for debt repayment)Offer for Sale (OFS): Up to Rs 2,000 crore by promoters/investors (including Vertical Holdings II Pte. Ltd.)
LEAP India Limited will be announcing its IPO price band on Monday August 3, 2026 as told to our newsman Sachin Murdeshwar by the Company Spokespersons:
Mr. Sunu Mathew – Founder & Managing Director, Mr. Rajesham Alle – Chief Financial Officer (CFO).
Listing Exchanges: BSE and NSE Book Running Lead Managers: JM Financial Ltd., IIFL Capital Services, UBS Securities India, and Avendus Capital Registrar: MUFG Intime India Pvt. Ltd.
Company Profile & Financials Business: On-demand supply chain asset-pooling solutions (pallets, containers, and returnable packaging)FY25 Total Income: Rs 485.03 crore FY25 Profit After Tax (PAT): Rs 37.56 crore Backing: Majority stake acquired by global investment firm KKR in 2023.
Incorporated in 2013, LEAP India Ltd specializes in sustainable supply chain and asset-pooling solutions.
It offers services including equipment pooling, returnable packaging, inventory management, transportation, and repair & maintenance across industries like e-commerce, FMCG, automotive, and consumer durables.
Global investment firm KKR acquired a majority stake in LEAP India in 2023, aligning with its Asia infrastructure strategy
The company serve a diverse customer base spanning sectors such as fast moving consumer goods (“FMCG”), food and beverage (“F&B”), third-party logistics (“3PL”), e-commerce and quick commerce, automotive, industrials and others.
As of March 31, 2025, the company had 366 permanent employees.
Competitive Strengths:Industry with multi-decadal and rapid growth story.Largest on-demand supply chain asset pooling company, in an industry with high barriers to entry.Trusted supply chain partner equipped to meet evolving customer needs with a focus on quality and sustainability.Highly resilient business model with a blue-chip customer base across high growth sectors.