TTLTicker Tales

LEAP India

Asset-pooling and supply-chain company running a shared pool of reusable pallets, crates and returnable packaging.

Archived
Neutral

Last updated 31 Aug 2026, 9:04 am IST

Price band
₹151 – ₹159
Lot size
94
Issue size
₹2,480 Cr (₹480 Cr fresh + ₹2,000 Cr OFS)
Opens
7 Aug 2026
Closes
11 Aug 2026
Exchange
Both

The numbers

GMP
₹13 (~8.18%)
Subscription
8.38× (final)
Listing gain
NSE +4.3% / BSE +4.4% (14 Aug)
Listing date
14 Aug 2026
Model prediction
~flat expected → Neutral. Listed +4.3% NSE / +4.4% BSE (14 Aug); modest positive, roughly the flat read our Neutral implied.

The Ticker Tales take

LEAP India runs an asset-pooling business — a shared pool of reusable pallets and crates that companies rent. Big ₹2,480 Cr issue, mostly OFS. Closed 11 Aug ~8.38× (QIB ~17.7×), GMP ~₹13 (~8% over ₹159). Locked Neutral at close. It listed on 14 Aug at ₹165.90 NSE (+4.3%) and ₹166 BSE (+4.4%) — a modest positive debut just above the flat read our Neutral call implied.

More details

Sector
Supply chain / asset pooling (reusable packaging)
Issue type
Book-built (₹480 Cr fresh + ₹2,000 Cr OFS)
Incorporated
2013
Anil Singhvi - Long-term call
Subscribe (long term)
Anil Singhvi - Listing-gain call
Muted / minimal gains
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.