Investors who bid for the LEAP India IPO are likely to know their allotment status today as the Rs 2,480-crore issue moves towards finalisation of the basis of allotment. Applicants can check their status online via the registrar’s website or the NSE portal. Meanwhile, the IPO continues to command a strong buzz in the grey market, with its GMP currently indicating a premium of around 8.8%.
The LEAP India IPO received a strong response on the final day of bidding on Tuesday as the issue was subscribed 8.38 times, with 11.49 crore shares on offer. The retail portion was subscribed 1.71 times, against 5.74 crore shares reserved for retail investors.
The Qualified Institutional Buyers(QIBs) portion was subscribed 16.84 times against 3.28 crore shares offered whereas the non institutional investors portion was subscribed 12.64 times against 2.46 crore shares reserved.
Also Read | LEAP India IPO subscribed over 8 times on strong QIB demand on day 3. Check GMP & key details
The Rs 2,480-crore public offering attracted steady demand. The IPO’s GMP is currently around 8.18%, compared with approximately 10% earlier, based on the upper end of the price band. While the decline indicates some moderation in grey-market sentiment, the premium still signals a broadly positive outlook ahead of the listing.
How to check allotment status of LEAP India IPO
Investors can check their allotment status using the following methods:1. Registrar’s Website
- Visit MUFG Intime India IPO Allotment page ( https://in.mpms.mufg.com/Initial_Offer/public-issues.html )
- Select LEAP India IPO from the drop-down menu.
- Enter your PAN, application number, or DP/Client ID to view allotment details.
2. NSE Website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
- Go to NSE IPO Allotment page
- Select Equity & SME IPO bid details
- Choose LEAP India IPO
- Enter your application number and PAN.
Backed by global investment firm KKR, LEAP India is a prominent provider of asset-pooling and logistics infrastructure solutions. The IPO consists of a fresh issue of 3.02 crore equity shares aggregating Rs 480 crore and an offer for sale (OFS) of 12.58 crore shares worth approximately Rs 2,000 crore. The company had fixed the IPO price band at Rs 151 to Rs 159 per share.
Under the OFS, KKR-backed Vertical Holdings II will sell shares worth nearly Rs 1,998.6 crore, while the remaining shares will be offloaded by promoter group entity KIA EBT Scheme 3.
The LEAP India IPO opened for subscription on August 7, 2026, and closed on August 11, 2026. The company's shares are likely to be listed on the NSE and BSE on August 14, 2026 and share allotment is expected to be completed on August 12.
For retail investors, the minimum lot size is 94 shares. At the upper price band of Rs 159 per share, retail investors were required to invest approximately Rs 14,946 to bid for one lot.
JM Financial Ltd. is serving as the book-running lead manager for the IPO, while MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the issue.
LEAP India IPO GMP Today
The grey market continues to signal a positive sentiment towards LEAP India shares ahead of their stock market debut. The latest GMP is around Rs 13 per share, translating into a premium of nearly 8.18% over the IPO's upper price band of Rs 159.
Based on the prevailing GMP, the estimated listing price is around Rs 172 per share, indicating a potential premium over the issue price.
Also Read | LEAP India IPO Day 2: Check GMP, subscription status, issue details; Should you subscribe?
LEAP India IPO proceeds
The company plans to utilise the IPO proceeds primarily to strengthen its financial position and support future expansion. Approximately Rs 360 crore of the net proceeds will be used to repay or prepay certain outstanding borrowings. The remaining funds will be allocated towards general corporate purposes, enabling LEAP India to enhance operational capabilities and pursue strategic growth opportunities.
Founded in 2013, LEAP India Ltd. operates in the sustainable supply chain and logistics infrastructure space, providing asset-pooling and reusable packaging solutions to businesses across multiple industries.
LEAP India financial performance
LEAP India reported strong financial growth in FY2026, driven by increasing demand for sustainable supply chain and logistics solutions. For the financial year ended March 31, 2026, the company's total income rose to Rs 747.36 crore from Rs 485.03 crore in FY2025, registering a 54% year-on-year increase.
The company also witnessed a significant improvement in profitability, with Profit After Tax (PAT) climbing to Rs 62.34 crore in FY2026, compared with Rs 37.56 crore in the previous financial year. This represents a 66% year-on-year growth.
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