Overwhelming response to Leap India Limited’s IPO – subscribed 8.38 Times on Final Day of Bidding

POSTED BY : MRUNALI SAKPAL DT. 11/07/2026 📞  8850212023

• QIB portion subscribed 16.84 times on Day 3
• The issue generated a demand of close to Rs 15,315.8 crore 

MUMBAI : RMI.IN : The Initial Public Offering of Leap India Limited was subscribed 8.38 times on the final day of bidding.

The issue received bids of 96,32,58,796 equity shares against the offered 11,49,91,735 equity shares, according to data available on the stock exchanges.

Retail and Qualified Institutional Buyers (QIB) Portion were subscribed 1.71 times and 16.84 times, respectively. Non-Institutional Investors (NII) Portion was subscribed 12.64 times.

Company Information

Incorporated in 2013, the company utilises its ‘share and reuse’ business model, referred to as pooling, and it is the largest on-demand asset pooling provider in India’s supply chain management sector (based on the number of pooled Assets), according to the F&S Report. As of March 31, 2026, the company has 14.70 million assets and it maintains a pan-India network of 10,100 customer touchpoints. This circular business model of the company supports its customers while reducing environmental impact and enhancing the time and cost efficiency and safety of supply chains for its customers across India.

The table below shows subscription data for all the categories of investors: