[Update] LEAP India IPO: Issue Subscribed 49% On Day 2

by · Inc42

SUMMARY

  • Logistics tech company LEAP India’s investors placed bids for 4.77 Cr shares against a total offer size of 11.49 Cr shares on offer, translating to a 42% subscription, as of 14:30 IST
  • The company’s public issue was subscribed 26% at the end of day one. As per BSE data, the IPO received bids for 3.02 Cr shares against the 11.50 Cr shares on offer
  • Qualified institutional buyers (QIBs) continued to lead bidding on day two, placing bids for 2 Cr shares against the 3.28 Cr shares earmarked for them