Leapfrog Engineering IPO Launching on April 23, 2026: Key Details and Pricing
Leapfrog Engineering IPO opens on Apr 23: Check GMP, key dates, price band
Business Standard
Image: Business Standard
Leapfrog Engineering Services is set to launch its initial public offering (IPO) on April 23, 2026, aiming to raise ₹88.5 crore (approximately $10.6 million USD). The shares will be priced between ₹21 and ₹23, with a minimum investment of ₹138,000 for retail investors. The IPO will close on April 27, 2026.
- 01Leapfrog Engineering aims to raise ₹88.5 crore through its IPO.
- 02The share price is set between ₹21 and ₹23, with a lot size of 6,000 shares.
- 03The IPO will remain open for subscription until April 27, 2026.
- 04Funds will be used for setting up an assembly unit and working capital.
- 05The company reported a revenue of ₹101 crore and a profit of ₹14.18 crore for the nine months ending December 31, 2025.
Advertisement
In-Article Ad
Leapfrog Engineering Services is launching its initial public offering (IPO) on April 23, 2026, aiming to raise ₹88.5 crore (approximately $10.6 million USD). The IPO includes a fresh issue of 34.6 million equity shares and an offer for sale of up to 3.9 million shares, priced between ₹21 and ₹23 per share. Retail investors must invest a minimum of ₹138,000 for two lots of shares. The subscription will close on April 27, 2026, with shares expected to list on the BSE SME platform on April 30, 2026. The funds raised will be allocated for setting up an assembly unit, working capital needs, and other corporate purposes. In the nine months ending December 31, 2025, Leapfrog Engineering reported a revenue of ₹101 crore and a profit of ₹14.18 crore.
Advertisement
In-Article Ad
The IPO will provide Leapfrog Engineering with necessary funds for expansion, potentially leading to job creation and increased services in various industries.
Advertisement
In-Article Ad
Reader Poll
Are you planning to invest in Leapfrog Engineering's IPO?
Connecting to poll...
Read the original article
Visit the source for the complete story.