LEAP India Files DRHP For INR 2,400 Cr IPO

Supply chain solutions provider LEAP India has filed its DRHP with the Securities and Exchange Board of India (SEBI) to raise up to INR 2,400 Cr via its IPO. 

The public issue will consist of a fresh share sale of up to INR 400 Cr and an offer for sale of up to INR 2,000 Cr. The company’s promoter, Vertical Holdings II, plans to sell shares worth up to INR 1,998.6 Cr, while the promoter group entity, KIA EBT Scheme 3, will offload shares worth about INR 1.38 Cr.

The company said it may explore a pre-IPO placement of up to INR 80 Cr. 

LEAP…