[Update] LEAP India IPO: Issue Subscribed 26% On Day 1

by · Inc42

SUMMARY

  • Logistics tech provider LEAP India’s investors placed bids for 2.71 Cr shares against a total offer size of 11.50 Cr shares on offer, translating to a 24% subscription, as of 14:30 IST.
  • Following the closure of the IPO, LEAP India will tentatively make its public markets debut on NSE and BSE on August 14 (Friday)
  • Qualified institutional buyers (QIBs) placed bids for 1.99 Cr shares against the 3.28 Cr shares earmarked for them. This translates to a 61% subscription of their quota