The Leapfrog Engineering IPO is set to open on April 23, 2026 and will close on April 27, 2026. This is a Book Built Issue where the company aims to raise approximately ₹89 crores through a mix of fresh issue and offer for sale (ipo updates)
📌 Leapfrog Engineering IPO Overview
| Particulars | Details |
|---|---|
| IPO Name | Leapfrog Engineering IPO |
| IPO Open Date | April 23, 2026 |
| IPO Close Date | April 27, 2026 |
| Allotment Date | April 28, 2026 |
| Listing Date | April 30, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹21 to ₹23 |
| Issue Size | ₹89 Crores |
| Fresh Issue | ₹80 Crores |
| OFS | 38,76,000 Shares |
| Listing Exchange | BSE SME |
| Issue Type | Book Built Issue |
📅 Leapfrog IPO Important Dates
| Event | Date |
|---|---|
| Anchor Bidding | April 22, 2026 |
| IPO Opening Date | April 23, 2026 |
| IPO Closing Date | April 27, 2026 |
| Allotment Finalization | April 28, 2026 |
| Refund Initiation | April 29, 2026 |
| Shares Credit | April 29, 2026 |
| Listing Date | April 30, 2026 |
💰Leapfrog IPO Price Band & Lot Size
| Category | Details |
|---|---|
| Price Band | ₹21 to ₹23 |
| Lot Size | 6,000 Shares |
| Minimum Investment | ₹2,76,000 |
| Maximum Retail Investment | ₹2,76,000 |
📊 Market Lot Details
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 12,000 | ₹2,76,000 |
| Retail Maximum | 2 | 12,000 | ₹2,76,000 |
| S-HNI Minimum | 3 | 18,000 | ₹4,14,000 |
| S-HNI Maximum | 7 | 42,000 | ₹9,66,000 |
| B-HNI Minimum | 8 | 48,000 | ₹11,04,000 |
📈 Leapfrog IPO Reservation
| Category | Shares | % Allocation |
|---|---|---|
| QIB | 18,24,000 | 50% |
| NII (HNI) | 1,64,34,000 | 15% |
| Retail | 1,83,00,000 | 35% |
📊 Leapfrog Engineering IPO GMP Table (April 2026)
| Date | IPO Price (₹) | GMP (₹) | Expected Listing Price (₹) | Gain % |
|---|---|---|---|---|
| 21-04-2026 | 23 | 0 | 23 | 0% |
| 20-04-2026 | 23 | 0 | 23 | 0% |
| 19-04-2026 | 23 | 0 | 23 | 0% |
| 18-04-2026 | 23 | 0 | 23 | 0% |
🏢 About Leapfrog Engineering IPO.
Founded in 2005, Leapfrog Engineering Services Ltd. is an integrated EPCC (Engineering, Procurement, Construction & Commissioning) solutions provider in India.
Key Services:
- Electrical Solutions
- Industrial Automation
- Fire Protection Systems
- Building Automation
Industries Served:
- Oil & Gas
- Pharmaceuticals
- Food Processing
- Metals
The company focuses on quality, safety, and timely project execution backed by strong in-house capabilities and supply chain.
📊 Leapfrog ipo Financial Performance (₹ in Crores)
| Year | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| 2023 | 105.38 | 104.76 | 0.28 | 66.45 |
| 2024 | 162.88 | 139.89 | 16.39 | 51.11 |
| 2025 | 137.37 | 115.50 | 16.22 | 149.17 |
| Dec 2025 | 105.05 | 85.65 | 14.18 | 156.04 |
👉 Revenue dipped in 2025, but profit remained stable — a mixed signal.
📉 IPO Valuation & Key Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 30.47% |
| ROCE | 32.45% |
| EBITDA Margin | 16.01% |
| PAT Margin | 12.05% |
| Debt/Equity | 0.38 |
| EPS | ₹1.57 |
| NAV | ₹4.97 |
⚖️ Peer Comparison
| Company | EPS | P/E | RoNW | NAV | Revenue |
|---|---|---|---|---|---|
| Engineers India Ltd | 8.28 | 26.21 | 17.76% | 46.62 | ₹3028 Cr |
| Konstelec Engineers Ltd | 2.83 | 14.82 | 4.34% | 65.34 | ₹193.71 Cr |
👨💼 Promoters Holding
| Details | Shares | % |
|---|---|---|
| Pre Issue | 10,71,84,000 | 92.59% |
| Post Issue | 14,17,92,000 | 67.27% |
🎯 Objects of the Issue
| Purpose | Amount |
|---|---|
| Capital Expenditure | ₹27.00 Cr |
| Working Capital | ₹36.05 Cr |
| General Corporate | Not Disclosed |
⭐ Leapfrog Engineering IPO Review
👍 Strengths:
- High ROE & ROCE (above 30%)
- Diverse industry presence
- Strong execution track record
⚠️ Risks:
- Revenue decline in FY2025
- SME IPO (high risk & low liquidity)
- Large minimum investment (₹2.76 lakh)
👉 Final Verdict: ⭐⭐⭐ (Neutral to Long-Term Subscribe)
- Suitable for long-term investors
- Avoid for listing gains unless GMP is strong
📦 IPO Allotment Status Check
You can check allotment via:
- Registrar: Integrated Registry
- BSE Website
Steps:
- Select IPO
- Enter PAN / Application No
- Click Submit
❓ FAQs
What is Leapfrog Engineering IPO Date?
👉 April 23 to April 27, 2026
What is Price Band?
👉 ₹21 to ₹23 per share
What is Lot Size?
👉 12,000 shares (₹2.76 lakh)
What is Allotment Date?
👉 April 28, 2026
What is Listing Date?
👉 April 30, 2026
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
