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.