Leap India Limited, a supply chain management company operating on a ‘Share and Reuse’ pooling model, is set to launch its Initial Public Offering (IPO) on August 7, 2026. The public issue will remain open for subscription until August 11, with the company looking to raise a total of ₹2,480 crore through a combination of a fresh issue and an Offer for Sale (OFS).
The company has fixed the price band at ₹151 to ₹159 per equity share, with a face value of ₹1 each. Investors can bid for a minimum of 94 equity shares and in multiples of 94 thereafter.
The IPO consists of a fresh issue worth ₹480 crore and an Offer for Sale (OFS) of ₹2,000 crore by promoter Vertical Holdings II Private Limited and KIA EBT Scheme 3. According to the company, a significant portion of the fresh issue proceeds, amounting to ₹360 crore, will be used towards the repayment or prepayment of its outstanding borrowings. The remaining funds are expected to support general corporate purposes and strengthen the company’s financial position.
Founded in 2013, Leap India has built its business around a ‘Share and Reuse’ asset pooling model, offering sustainable supply chain solutions to businesses across industries. Instead of companies purchasing logistics assets such as pallets and containers, Leap India provides them on a shared basis, helping customers reduce costs, improve operational efficiency and promote resource optimisation.
Over the years, the company has expanded its presence across India. As of March 31, 2026, Leap India managed a pool of approximately 1.47 crore assets and had established more than 10,100 customer touchpoints nationwide. It also served over 1,000 customers across various sectors, reflecting the growing demand for asset-sharing solutions in the country’s logistics and supply chain industry.
The company has also reported a steady financial performance. For the quarter ended March 2026, Leap India recorded a total income of ₹747.36 crore. During the same period, it reported an EBITDA of ₹378.83 crore, highlighting strong operational performance. The company’s Profit After Tax (PAT) stood at ₹62.34 crore, indicating continued profitability as it prepares to enter the capital market.
The IPO comes at a time when investors continue to show interest in companies operating in the logistics and supply chain sector, particularly those offering technology-driven and sustainable business models. Market participants will closely watch the subscription response to the issue, considering the company’s asset-light pooling approach and its plans to strengthen its balance sheet through debt reduction.
Following the completion of the issue, Leap India proposes to list its equity shares on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The listing is expected to provide the company with greater visibility in the capital markets while offering investors an opportunity to participate in its future growth.
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