Future IPO: Leap India sent the financial markets watchdog its first draft filings on August 29, 2025.
The company plans to securing capital assets from the Indian stock market nsc and bsc exchanges through a combination of a fresh issue of shares as well as offer for sale.
Future Initial Public Offering (IPO):
Company: Leap India Ltd, a Mumbai-based supply chain asset provider
Action: Submitted draft papers for an IPO
Regulator: Securities and Exchange Board of India (Sebi)
Nature of Sebi: Capital markets regulator
Date of filing: Friday, August 29, 2025
Through a mix of new equity share issuance and an offer for sale (OFS) component, the business hopes to raise a total of ₹2,400 crore from the Indian stock market.
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Details of the Leap India IPO
Leap India is launching a book-built issue that includes a new issuance of equity shares worth ₹400 crore, each having a face value of Re 1. The draft documents further state that the IPO would include an offer for sale (OFS) component that will offer equity shares worth ₹2,000 crore that belong to the promoter selling stakeholder.
The business intends to repay ₹300 crore of its debt using the proceeds from the new offering, with the remaining money going toward working capital needs.
The promoters offloading shares in the IPO are KIA EBT and Vertical Holdings. The company’s goal is to provide qualified institutional buyers (QIBs) no more than 50% of the offer, with non-institutional investors (NIIs) receiving no more than 15% and retail investors receiving 35%.
Avendus Capital Private Limited is one of the book-running lead directors
UBS Securities India Private Limited is also a book-running lead director
IIFL Capital Services Limited is appointed as a book-running lead manager
JM Financial Limited is serving as a book-running lead manager
MUFG Intime India Private Limited is the registrar to the offer
Concerning Leap India
Leap India has 13.57 million assets, a pan-Indian network of 7,747 consumer touchpoints, and 30 fulfillment hubs, according to official corporate statistics. Utilizing these facilities, the business makes it easier to store, maintain, repair, and quickly distribute its assets to clients.
Leap India has more than 900 clients.
It serves several well-known companies, including:
JM Baxi
Daikin
Daimler India Commercial Vehicles
Hindustan Coca Cola Beverages Private Ltd.
Panasonic Life Solutions India Private Ltd.
Marico Ltd.
Haier Appliances Private Ltd.
According to the filing data, the company’s main activities generated ₹485 crore in sales during the fiscal year that ended in 2024–2025, while its net profits came to ₹37.5 crore.