IPO details · Updated
Leapfrog Engineering Services Limited
- Price Band
- ₹21 – ₹23
- Lot Size
- 6,000 shares
- Min. Investment
- ₹1,38,000
- Issue Size
- ₹88.51 Cr
- Offer Dates
- 17 Jun – 19 Jun 2026
- Listing
- 24 Jun 2026
Issue Details
- Total Issue Size
- ₹88.51 Cr
- 3,84,84,000 shares
- Fresh Issue
- ₹79.6 Cr
- 3,46,08,000 shares
- Offer for Sale
- ₹8.91 Cr
- 38,76,000 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 10,71,84,000
- Shares Post-Issue
- 14,17,92,000
IPO Timeline
Offer opens
17 Jun 2026
Offer closes
19 Jun 2026
Allotment
22 Jun 2026
Listing
24 Jun 2026
Issue Allocation
Share of the offer reserved for each investor category
- QIB1.0%3,78,000 shares
- HNI37.0%1,42,20,000 shares
- Retail57.1%2,19,60,000 shares
- MarketMaker5.0%19,26,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 3,78,000 | 76,80,960 | 20.32x |
| NII | 1,42,20,000 | 7,25,22,000 | 5.10x |
| Retail | 2,19,60,000 | 1,84,46,400 | 0.84x |
| Total | 3,65,58,000 | 9,86,49,360 | 2.70x |
Lot Size & Investment
1 lot = 6,000 shares
Retail (min)
2 lots · 12,000 shares
Retail (max)
2 lots · 12,000 shares
S-HNI (min)
3 lots · 18,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 12,000 | ₹2,76,000 |
| Small HNI (S-HNI) | 3 | 18,000 | ₹4,14,000 |
| Big HNI (B-HNI) | 8 | 48,000 | ₹11,04,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 156.04 | 149.17 | 51.11 | 66.45 |
| Total Income | 105.05 | 137.37 | 162.88 | 105.38 |
| Profit After Tax | 14.18 | 16.22 | 16.39 | 0.28 |
| EBITDA | 20.18 | 21.57 | 19.73 | 1.01 |
| Net Worth | 67.44 | 53.26 | 21.71 | 5.32 |
| Reserves & Surplus | 56.72 | 42.54 | 21.23 | 4.84 |
| Total Borrowing | 32.22 | 20.11 | 13.78 | 13.05 |
Key Performance Indicators
| Period | Dec-25 | Mar-25 |
|---|---|---|
| ROE (%) | 21.03 | 30.47 |
| ROCE (%) | 23.98 | 32.45 |
| EPS (₹) | — | 1.51 |
| P/E (pre-issue) | — | 15.19 |
| P/E (post-issue) | — | 17.24 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Engineers India Ltd | 27.14 | 17.76% |
| Konstelec Engineers Limited | 17.6 | 4.34% |
About Leapfrog Engineering Services Limited
Incorporated in 2005, Leapfrog Engineering Services Limited is engaged in integrated Engineering Services and provides EPCC services. The Company offers end-to-end EPCC solutions across various industries, including Oil & gas, Food Processing, Pharmaceuticals, and Metals, ensuring high standards of quality, safety, and efficiency. With decades of experience, the company has successfully executed diverse EPC Design and Build projects since 2005, ensuring timely delivery through efficient management, supply chain, and in-house teams. Services: Electrical Solutions: The company provides a range of electrical solutions, including engineering consultancy for electrical systems, manufacturing of MV/LV switchgears, turnkey EPC contracts for installations, operations & maintenance services, and system commissioning support. Instrumentation & Industrial Automation: The company specializes in industrial automation, offering services like infrastructure systems installation, engineering for diagrams, instrumentation & automation equipment installation, DCS/PLC upgrades, and industrial process automation using robotics. Fire Protection & Safety System: The company offers comprehensive fire safety services, including design, installation, troubleshooting, and maintenance of fire detection, alarm, suppression systems, and fire-rated structures, adhering to national and international regulations. Building Automation System: The company provides building automation solutions, offering HVAC controls, sensors, access control systems, video surveillance, and time management solutions, enhancing productivity, safety, and sustainable performance through real-time data analysis. As of April 30, 2026, the Company has employed 112 Employees on Payroll and 60 on contract. Competitive Strengths: Experienced Promoters backed by a strong management team Strong Order Book Strong global presence Diversified Portfolio across various market segment Established track record of timely execution
Objects of the Issue
- Funding Capital Expenditure towards setting up Assembling Unit (₹27.00 Cr)
- Working Capital Requirements (₹36.05 Cr)
- General Corporate Expenses (₹8.96 Cr)
- Issue Expenses (₹7.59 Cr)
Promoters
- Prabhav Narasimha Rao
- Priyashaila Prabhav Rao
Company Information
- Book running lead managers
- Finshore Management Services Ltd.
- Registered office
- No 496, Chaithanya Dhriti Rudresh, 6th Main, 8th Cross, Vijaya Bank Layout, Bannerghatta Road, Bengaluru, Karnataka, 560076
- Market maker
- Anant Securities
Official Documents
Opens the source filing in a new tab
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.