Flat Profit To Create Dilemma For Investors?

Banking on the Indian startup IPO frenzy, logistics tech provider Leap India has now set sail for D-Street. The 2013-founded company filed its Draft Red Herring Prospectus (DRHP) last week for an INR 2,400 Cr public listing.

Leap is primarily a pallet pooling player, enabling manufacturers to reduce their trucking and cargo costs by pooling their goods with other players. This ensures optimal capacity in the vehicles while also reducing the costs for manufacturers, who would otherwise have to pay the cost for the full load even for smaller…