Leap India IPO details: price band, dates, GMP

Leap India Ltd is set to hit the primary market with its mainboard IPO, and discussions on Reddit and social media are largely focused on dates, lot size, and early sentiment. The offer is described as a book-built issue targeting ₹2,480 crore in total. Market chatter also highlights that the company is KKR-backed and operates in supply chain asset pooling. As per the shared details, the public issue opens on August 7, 2026 and closes on August 11, 2026. The price band is fixed at ₹151 to ₹159 per share, with ₹159 referenced as the cut-off price in application examples. The lot size is 94 shares, which sets the minimum retail application amount at ₹14,946 at the upper band. Subscription figures are not yet available in the circulating trackers, so live demand will be a key watch item once the window opens. Below is a structured roundup of the IPO details and what investors are tracking.

IPO snapshot: issue size, band, and listing venues

Leap India IPO is being discussed as a ₹2,480 crore book-built issue. Social posts repeatedly describe it as a mix of fresh issue and offer for sale. The price band is set at ₹151 to ₹159 per equity share, with ₹159 shown as the cut-off price in examples. The IPO is expected to list on both NSE and BSE, as per the shared timelines. It is also tagged as a mainboard issue in the circulated data cards. The face value is stated as ₹1 per share, and the ISIN is shared as INE00GO01025. Registrar details are marked as TBA in the same context. The listing price is also noted as TBA.

Fresh issue vs OFS: where the money goes

The issue structure is one of the most repeated points in the social conversation. The IPO includes a fresh issue of 3.02 crore shares aggregating to ₹480 crore. Alongside that, it has an offer for sale of 12.58 crore shares aggregating to ₹2,000 crore. This adds up to the total issue size of ₹2,480 crore highlighted across posts. Several posts emphasise that proceeds from the OFS do not go to the company. That distinction matters for readers trying to understand how much capital the business is raising versus how much is shareholder exit. Another snippet mentions the total shares on offer as 15.60 crore, aligning with the fresh plus OFS share counts. On social media, this mix is being framed as a key context point rather than a standalone positive or negative.

Key dates: anchor, subscription window, allotment, listing

The timeline being circulated is tightly defined across multiple sources. Anchor investor bidding is scheduled for August 6, 2026. The IPO subscription window runs from August 7 to August 11, 2026. The basis of allotment is expected to be finalised on August 12, 2026. Refunds initiation and demat credit are mentioned for August 13, 2026 in some posts. The tentative listing date is set for August 14, 2026. Reddit threads note that tracking demand is only possible once the subscription opens, since subscription data is currently awaited. For readers planning applications, these dates also help align UPI mandate timing and potential fund blocks.

Lot size and minimum investment: what retail bidders pay

Lot size is fixed at 94 shares for applications, and bids must be in multiples of 94. At the upper end of the band, the minimum retail investment is ₹14,946 for one lot. Some trackers show a nearby minimum figure, but the detailed examples consistently work off the ₹159 cut-off. Social posts also highlight the price range for investors who want to bid below the cut-off. The “cut-off” option is shown as available for RII applications in the shared reservation table. For retail investors, the upper cap for the RII category is shown as up to ₹2 lakhs. The employee category is also discussed with application limits and a separate reservation slice. These mechanics are a major part of the pre-open conversation because there is no live subscription data yet.

Reservation and quota: QIB, NII, retail, and employees

The issue is described as reserving not more than 50% for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs). This split is repeated in the “IPO review” style posts. A more granular table circulating also lists shares offered across categories, including anchor investors and employees. The anchor allocation is shown as 4,67,68,868 shares, described as 29.98% in that table. The employee reserved portion is shown as 78,616 shares, described as 0.05%. The same table shows NIIs at 2,33,84,434 shares and RIIs at 5,45,63,679 shares. It also shows QIBs at 3,11,79,245 shares, described as 19.99%. Another post mentions an employee reservation amount up to ₹1.25 crore, and employee application limits up to ₹5 lakhs in a separate card.

Data table: dates, pricing, and application amounts

The following table compiles the most repeated, actionable numbers shared in the social context. It focuses on dates, band, and the standard retail application example. Where values are marked TBA in the shared trackers, they remain TBA here as well. The cut-off price used in examples is ₹159 per share. The minimum retail lot remains 1 lot of 94 shares. Listing is indicated for both NSE and BSE. Subscription data is currently awaited, so this table does not include subscription multiples.

Grey market premium and early sentiment: muted ahead of launch

One of the most shared indicators is the grey market premium (GMP), which is shown at ₹4 in the context. Posts describing the GMP also call the sentiment “muted” ahead of the subscription start. At the same time, most trackers still show “Overall Subscription: TBA” because the IPO had not opened when the screenshots were captured. Social conversations around GMP are usually framed as a rough sentiment marker rather than a confirmed listing outcome. The listing price is clearly labelled TBA in the shared cards, and no verified indication is provided in the context beyond GMP. Readers are also noting that anchor bidding happens a day earlier, which can sometimes influence perceptions, though no anchor price or demand details are provided here. Because subscription multiples are awaited, the first two days of bidding are likely to dominate online discussion. Any interpretation beyond these shared data points would go beyond the available context.

What the company is described as: business positioning in one line

Leap India Ltd is described in the shared posts as the country’s largest on-demand supply chain asset pooling company. It is also referred to as a supply chain management and asset pooling company. Multiple posts highlight that the company is KKR-backed, which is a key identifier in the social narrative. Beyond that, the shared context is primarily about the IPO mechanics rather than detailed financials or operating metrics. There is no revenue, profit, or margin data included in the provided discussions. There is also no guidance, forecast, or management commentary quoted in the context. As a result, the investor conversation captured here is skewed toward timelines, price band, and allocation details. Those looking for deeper fundamentals would need the offer documents, which are not included in the shared snippets.

How investors are planning applications: categories and cut-off options

The reservation cards also include practical notes on who can use the cut-off option. RII applications up to ₹2 lakhs are shown as eligible for cut-off bidding. The sNII band is shown as ₹2 lakhs to ₹10 lakhs without cut-off, while bNII is above ₹10 lakhs without cut-off. An employee category is shown with applications up to ₹5 lakhs and cut-off allowed, based on the posted table. Another note mentions “Employee + RII/NII” with combined limits and cut-off allowed for the employee and RII leg. These are operational details investors discuss to avoid application errors during the bidding window. Since the lot size is 94 shares, applicants are also doing quick calculations to stay within category caps. Until subscription data arrives, most of the chatter remains about execution and timelines rather than oversubscription expectations.