LEAP India Files DRHP For INR 2,400 Cr IPO Newspoint  |  30/08/2025 20:39:11

Supply chain solutions provider LEAP India has filed its DRHP with the Securities and Exchange Board of India (SEBI) to raise up to INR 2,400 Cr via its IPO.

The public issue will consist of a fresh share sale of up to INR 400 Cr and an offer for sale of up to INR 2,000 Cr. The company’s promoter, Vertical Holdings II, plans to sell shares worth up to INR 1,998.6 Cr, while the promoter group entity, KIA EBT Scheme 3, will offload shares worth about INR 1.38 Cr.

The company said it may explore a pre-IPO placement of up to INR 80 Cr.

LEAP India plans to use the proceeds from the fresh issue for capital expenditure, repayment of borrowings and general corporate purposes.

Founded in 2013, LEAP India claims to be the largest on-demand asset pooling provider in India’s supply chain management sector. It offers pallets, containers and other material handling equipment.

(The story will be updated soon)

The post LEAP India Files DRHP For INR 2,400 Cr IPO appeared first on Inc42 Media.

Read more
Rupee As THE New Reserve Currency? CEA Nageswaran Clarifies
Newspoint
Indian Millennials Are Different From APAC Ones, They Prefer Family Trips
Newspoint
Top discount brokers Groww, Zerodha, Angel One, Upstox's investors base continues to shrink in August
Newspoint
Air India starts special flights on Delhi-Kathmandu route for stranded flyers
Newspoint
Sebi cancels registration of 18 investment advisers for fee non-payment
Newspoint
EACC to make TN hub for global trade and EV exports, says Rohit Gupta
Newspoint
TN Transport Dept seeks bids for vehicle tracking device installation
Newspoint
Women travel to Magaluf to get some sun but it's not a tan they come back with
Newspoint
Pretty UK island easily accessible from mainland makes for 'perfect autumn getaway'
Newspoint
UK's 'best autumn walking destination' has beautiful woods and lower chance of rain
Newspoint