NewsStocksLEAP India sets IPO price band at ₹151-159 per share for ₹2,480 crore issue

LEAP India sets IPO price band at ₹151-159 per share for ₹2,480 crore issue

Author: CNBC-TV18 Markets·

Key Takeaways

  • LEAP India has fixed its IPO price band at ₹151-159 per share.
  • The company’s public issue totals ₹2,480 crore.
  • The IPO includes a fresh issue of ₹480 crore and an offer for sale of ₹2,000 crore.
  • The issue is scheduled to open on August 7.
LEAP India sets IPO price band at ₹151-159 per share for ₹2,480 crore issue

LEAP India, a supply chain asset pooling company, has fixed the price band for its initial public offering at ₹151-159 per share.

The company’s ₹2,480 crore IPO comprises a fresh issue of shares worth ₹480 crore and an offer for sale of ₹2,000 crore by existing shareholders.

The issue is set to open on August 7, giving investors a new listing to watch in India’s IPO market as companies continue to tap public capital through a mix of primary fundraising and shareholder exits.