LEAP India files Draft Red Herring Prospectus with SEBI for Rs 2,400 crore IPO

ompanies across various sectors to lease assets rather than own them, leading to cost savings and improved operational efficiency. The company’s extensive network includes 30 fulfilment centers and over 20 warehouses, strategically located across the country to serve its 7,747 customer touchpoints effectively.

LEAP India has carved a niche for itself in the market by offering innovative solutions for pallets, containers, forklifts, and lithium-ion-powered material handling equipment. With a client base of over 900 companies, including renowned names such as Panasonic Life Solutions, Marico, and Hindustan Coca-Cola Beverages, the company has established itself as a trusted partner in the supply chain industry.

In a strategic move to bolster its market presence further, LEAP India recently acquired CHEP India, a subsidiary of Brambles, renowned for managing the world’s largest pool of reusable pallets and containers. This acquisition has not only expanded LEAP India’s market share but also enhanced its capabilities and service offerings.

Financially, the company has showcased impressive growth figures over the years. In the fiscal year 2025, LEAP India recorded operating revenue of Rs 466.4 crore, marking a significant increase from the previous year. The company’s net profit also witnessed a steady rise, indicating its stability and strong financial performance. Total income for the fiscal year stood at Rs 485 crore, displaying a substantial growth trajectory compared to previous years.

Looking ahead, LEAP India is gearing up for an initial public offering (IPO) to raise funds for its future growth and expansion plans. The company aims to raise up to Rs 2,400 crore through the IPO, with a major portion allocated for the repayment of borrowings and funding general corporate activities. The IPO will include a fresh equity issue and an offer for sale by existing shareholders, providing an opportunity for investors to be part of the company’s growth story.

The IPO will follow a book-building process, with different investor categories allocated specific percentages of the offer. Qualified institutional buyers (QIBs), non-institutional investors (NIIs), retail individual investors (RIIs), and eligible employees will have an opportunity to participate in the public offering.

Overall, LEAP India’s IPO marks a significant milestone in the company’s journey, enabling it to raise capital, enhance its market presence, and capitalize on new growth opportunities. With a strong track record of success, a robust business model, and a commitment to innovation and customer satisfaction, LEAP India is poised for a bright future in the supply chain industry.