The Leapfrog Engineering Services initial public offering (IPO) began on Wednesday, 17 June, and will end on Friday, 19 June. The Leapfrog Engineering Services IPO price band is ₹21-23 per equity share, with a face value of Re 1.
Investors can bid for a minimum of 6,000 equity shares, with the option to acquire additional shares in increments of 6,000.
At the upper end of the price band, retail investors will need to invest a minimum of ₹2.76 lakh to participate in the issue. For non-institutional investors (HNIs), the minimum application size is 3 lots, amounting to an investment of ₹4.14 lakh.
The IPO allocation has been skewed towards retail investors, who have been reserved 60.07% of the net issue. Non-institutional investors have been allotted 38.9%, while qualified institutional buyers (QIBs) account for just over 1% of the offer.
Established in 2005, Leapfrog Engineering Services is an engineering, procurement, and construction (EPCC) company that provides integrated solutions across industries, including oil and gas, pharmaceuticals, food processing, and metals.
The company offers a wide range of services, including electrical engineering, industrial automation, instrumentation, fire protection systems and building automation. It also undertakes turnkey EPC projects and provides installation, commissioning and maintenance services.
On the financial front, Leapfrog Engineering reported revenue of ₹137.37 crore and a profit after tax of ₹16.22 crore in FY25. For the nine months ended December 2025, the company posted revenue of ₹105.05 crore and net profit of ₹14.18 crore.
The basis of allotment is expected to be finalised on 22 June, while successful applicants are likely to receive shares in their demat accounts on 23 June. The company’s shares are scheduled to debut on the stock exchanges on 24 June.
Leapfrog Engineering Services IPO GMP today
Leapfrog Engineering Services IPO GMP today was ₹0, indicating shares were trading at the issue price of ₹23 with no premium or discount in the grey market, according to investorgain.com.
Leapfrog Engineering Services IPO subscription status
Leapfrog Engineering Services IPO subscription status was 9% on day 1, so far. The retail portion was subscribed at 9%, the NII portion was booked at 50%, and the Qualified Institutional Buyers (QIBs) portion is yet to receive bids.
The company has received bids for 91,56,000 shares against 9,65,58,000 shares on offer at 12:00 IST, according to chittorgarh.com.
Leapfrog Engineering Services IPO details
The IPO comprises a total issue size of 3.85 crore equity shares, with the net offer to the public standing at 3.66 crore shares after excluding the portion reserved for the market maker.
Leapfrog Engineering intends to utilise the proceeds from the issue to support its growth plans and strengthen its working capital position. Of the total funds raised, approximately ₹27 crore will be invested in setting up a new assembling unit, while ₹36.05 crore has been earmarked for meeting working capital requirements. The remaining proceeds will be used for general corporate purposes.
Finshore Management Services has been appointed as the book-running lead manager for the issue, while Integrated Registry Management Services will serve as the registrar. Anant Securities has been designated as the market maker.
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