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Leapfrog Engineering IPO
Price Band
₹21.0–23.0
Issue Size
₹88.51 Cr
Lot Size
6,000 shares
Min Investment
₹276,000
2 LOTS MIN
GMP
—
Issue Price
₹23.0
Leapfrog Engineering IPO AI Summary
- Leapfrog Engineering IPO is listed on BSE SME in the Civil Construction sector.
- Price band: ₹21.0–₹23.0 per share, lot size 6,000 shares (min. investment ₹276,000, 2 lots minimum).
- Subscription window: 17 Jun–19 Jun 2026, listing on 24 Jun 2026.
Leapfrog Engineering Services Limited is set to enter the market with its IPO, focusing on integrated engineering services across various sectors. With a strong order book and experienced management, the company aims to utilize the proceeds for expansion and working capital.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
2.70x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
20.32x
|
20x ✓ |
| NII (HNI) |
5.10x
|
5.10x |
| ↳ bNII (>₹10L) |
1.67x
|
1.67x |
| ↳ sNII (<₹10L) |
11.96x
|
12x ✓ |
| Retail (RII) |
0.84x
|
0.84x |
| Total | 2.70x | 2.70x |
Auto-updated every 5 min · As of 19th Jun 2026 18:56
Leapfrog Engineering IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
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. As of 10 January, 2025, the company’s order book stands at ₹27,500.32 lakhs, with domestic orders of ₹2,695.56 lakhs and export orders of ₹24,804.76 lakhs from reputed global and Indian clients. 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 December 31, 2024, the Company has employed 79 employees. 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
Company Financials (₹ Cr)
As of 2025-12-31
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| 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 and Surplus | 56.72 | 42.54 | 21.23 | 4.84 |
| Total Borrowing | 32.22 | 20.11 | 13.78 | 13.05 |
Key Ratios
EPS
₹1.51
NAV
₹4.97
ROE
30.47%
ROCE
32.45%
RoNW
30.47%
P/B Value
4.63
P/E Ratio
15.19
Market Cap
₹326.12 Cr
PAT Margin
12.05%
Debt/Equity
0.38
Promoters
Prabhav Narasimha Rao and Priyashaila Prabhav Rao
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding Capital Expenditure towards setting up Assembling Unit 27.00 2 Working Capital Requirements 36.05 3 General Corporate Expenses 8.96 4 Issue Expenses 7.59 Total 79.60
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹105.05 Cr in the period ending 31 Dec 2025, down from ₹137.37 Cr in the period ending 31 Mar 2025, and ₹162.88 Cr in the period ending 31 Mar 2024. This indicates a decreasing trend in revenue over the periods analyzed.
Profit Trend
Profit After Tax was ₹14.18 Cr in the period ending 31 Dec 2025, compared to ₹16.22 Cr in the period ending 31 Mar 2025, and ₹16.39 Cr in the period ending 31 Mar 2024. This shows a decline in profitability across the periods analyzed.
Grey Market Premium, Explained
The Grey Market Premium (GMP) reflects the expected listing price of an IPO in the secondary market before it officially lists. A positive GMP indicates strong demand, while a negative or low GMP may suggest weaker interest.
Subscription Demand
As of June 19, 2026, the IPO was subscribed 2.7 times overall. The QIB (Institutional) segment saw a subscription of 20.32 times, while the NII (HNI) segment was subscribed 5.1 times. The retail segment saw lower interest, with a subscription of 0.84 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall portfolio strategy and market conditions. It's essential to consider the company's business model, financial health, and growth potential.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid this IPO, as it may involve higher risks associated with new market entrants and project execution uncertainties.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on June 17, 2026, and closes on June 19, 2026. Allotment of shares is expected by June 22, 2026, with the listing date set for June 24, 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable and are influenced by market conditions, investor sentiment, and the company's performance. It's important to consider that gains on the listing day do not guarantee future performance.
This evaluation is generated from Leapfrog Engineering's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Leapfrog Engineering IPO?
The price band of Leapfrog Engineering IPO is ₹21.0–₹23.0 per share.
When does Leapfrog Engineering IPO open and close?
Leapfrog Engineering IPO opens on 17 June 2026 and closes on 19 June 2026.
When does Leapfrog Engineering IPO list on the stock exchange?
Leapfrog Engineering IPO listed on 24 June 2026 at ₹23.0.
What is the lot size for Leapfrog Engineering IPO?
The lot size for Leapfrog Engineering IPO is 6000 shares, requiring a minimum investment of ₹276,000 (2 lots).
What is the lot size for this IPO?
The lot size for the Leapfrog Engineering IPO is 6000 shares.
What is the minimum investment required?
The minimum investment required for this IPO is ₹276,000.
What is the price band for the IPO?
The price band for the Leapfrog Engineering IPO is ₹21.0 to ₹23.0.
When is the listing date?
The listing date for this IPO is June 24, 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the IPO shares may trade in the grey market before listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
17 Jun 2026
Close
19 Jun 2026
Allotment
22 Jun 2026
Listing
24 Jun 2026
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