# Everything you need to know about LEAP India IPO

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-leap-india-ipo/196689
**Category:** IPOs
**Created:** [August 4, 2026, 10:27am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-leap-india-ipo/196689 "2026-08-04T10:27:18Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![Abhinav\_Seth1](https://tradingqna.com/user_avatar/tradingqna.com/abhinav_seth1/32/88251_2.png) [@Abhinav\_Seth1](https://tradingqna.com/u/Abhinav_Seth1)
#### Post date: [August 4, 2026, 10:27am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-leap-india-ipo/196689/1 "2026-08-04T10:27:18Z")

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### About

LEAP India is an asset pooling company that provides supply chain solutions across India. The company's core business involves the pooling of a large asset base, including over 14.7 million pallets, containers, and material handling equipment (MHEs). It rents these assets to over 1,000 clients in sectors such as fast-moving consumer goods (FMCG), automotive, industrials, and logistics. The company’s primary source of revenue is rental income from these pooled assets. Operating under a full-service model, LEAP India manages the warehousing and distribution of its returnable packaging assets through a pan-India network of 29 fulfilment centres and over 10,100 customer touchpoints. The entire business operates as a single segment focused on the hiring and trading of pallets, crates, and related services.

### IPO schedule

| Issue open date | 2026-08-07 |
| Issue close date | 2026-08-11 |
| UPI mandate deadline | 2026-08-11 (5 PM) |
| Allotment finalization | 2026-08-12 |
| Refund initiation | 2026-08-13 |
| Share credit | 2026-08-13 |
| Listing date | 2026-08-14 |
| Mandate end date | 2026-08-26 |
| Lock-in end date for anchor investors (50%) | 2026-09-10 |
| Lock-in end date for anchor investors (remaining) | 2026-11-09 |

### Financials

| **Financial Year Ended** | **March 2023** | **March 2024** | **March 2025** |
| Total Assets | 1400.28 | 2042.46 | 2401.05 |
| Revenue | 371.94 | 485.03 | 747.36 |
| Profit After Tax | 37.17 | 37.56 | 62.34 |

## Issue size

| **Funds Raised in the IPO** | **Amount** |
| Total issue size | 2480 |
| Fresh Issue - Proceeds go to the company | 480 |
| Offer for sale - Proceeds go to the existing investors | 2000 |

## Utilisation of proceeds

| **Purpose** | **INR crores (%)** |
| Repayment/prepayment of outstanding borrowings | 360 (75%) |
| General corporate purposes | 120 (25%) |

## Strengths

- Largest on-demand asset pooling provider in India by number of pooled assets.  
 
- Asset-light pooling model drives high utilisation and recurring revenues.  
 
- Long-term contracts with diversified customers across FMCG and manufacturing.  
 
- Integrated services covering pallets, containers, and material handling equipment.  
 
- Technology-enabled tracking improves efficiency, visibility, and asset control.

## Risks

- High dependence on the pallet pooling business for the majority of revenue.  
 
- Loss or damage of pooled assets could increase costs and impact margins.  
 
- Customer non-renewal or contract termination may affect cash flows.  
 
- Dependence on suppliers and service partners for operations and maintenance.  
 
- High borrowings expose the company to interest rate and covenant risks.

## Allotment Status for LEAP India

To check your IPO allotment status:

- Visit the[MUFG Intime India IPO Application Status](https://in.mpms.mufg.com/) page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.