Leap India IPO

LEAP India, a Mumbai-based leader in on-demand supply chain asset pooling, has filed its Draft Red Herring Prospectus with SEBI for a Rs 2,400 crore IPO, comprising a fresh issue of up to Rs 400 crore and an offer-for-sale of Rs 2,000 crore by selling shareholders. The company operates on a “share and reuse” model for pallets, containers, and material handling assets, managing 13.57 million assets, 30 fulfilment centres, and 7,747 customer touchpoints across India. It reported ?485 crore income and Rs 37.5 crore net profit in FY 2025. The fresh issue proceeds - about Rs 300 crore - will fund debt repayment and working capital, while the rest will support business needs.

Leap India IPO Details

Check out the issue details for Leap India IPO as disclosed in SEBI.

Price Band

Not Issued

Issue Size

2400 Cr.

Issue Type

Book Built

Open

Not Issued

Close

Not Issued

Company Financials

You can get the following financial statements of Leap India as of now.

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Net Sales 243.06 297.58 378.14
Total Expenditure 125.62 116.11 150.88
Operating Profit 117.44 181.48 227.26
Other Income 6.38 21.42 25.6
Interest 41.37 43.93 57.78
Depreciation 73.08 105.27 140.03
Exceptional Items 0 0 0
Profit Before Tax 9.37 53.69 55.05
Provision for Tax 0 12.79 15.45
Net Profit 9.37 40.9 39.61
Adjusted EPS (Rs.) 0.11 0.37 0.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 43.16 192.34 311.26
Total Reserves 526.66 526.44 613.08
Borrowings 236.65 358.58 605
Other N/C liabilities 33.43 48.86 138.38
Current liabilities 206.41 175.96 290.11
Total Liabilities 1046.31 1302.17 1957.83
Assets
Net Block 800.66 931.32 1380.1
Capital WIP 0.05 1.46 0.18
Intangible WIP 0 0 5.22
Investments 7.5 7.5 7.5
Loans & Advances 60.68 89.37 170.09
Other N/C Assets 21.52 6.81 0.04
Current Assets 155.9 265.7 394.69
Total Assets 1046.31 1302.17 1957.83
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025
Profit from operations 9.37 53.69 55.05
Adjustment 117.24 141.4 174.41
Changes in Assets & Liabilities 5.6 -57.62 -3.47
Tax Paid -1.71 0 -0.27
Operating Cash Flow 130.49 137.48 225.72
Investing Cash Flow -140.81 -304.63 -1261.3
Financing Cash Flow -7.08 166.87 1043.5
Net Cash Flow -17.4 -0.28 7.92
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