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Leapfrog Engineering Services SME IPO

Leapfrog Engineering Services came to market through an SME IPO that opened on 17 June 2026 and closed on 19 June 2026, and the shares listed on 24 June 2026 on BSE SME. The price band was ₹21 to ₹23 per share and one lot was 6000 shares, so the minimum application was ₹1,38,000. The issue size was ₹88.51 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

Integrated Registry Management Services Pvt.Ltd was the registrar to the issue, and Finshore Management Services Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹21 to ₹23
Lot size
6000 shares
Minimum investment
₹1,38,000
Face value
₹1 per share
Issue size
₹88.51 crore
Fresh issue
3,46,08,000 shares (aggregating up to ₹79.6 crore)
Offer for sale
38,76,000 shares (aggregating up to ₹8.91 crore)
Listing at
BSE SME
Registrar
Integrated Registry Management Services Pvt.Ltd
Lead managers
Finshore Management Services Ltd
Promoter holding before the issue
92.59%
Promoter holding after the issue
67.27%

Timeline

Opens
17 June 2026
Closes
19 June 2026
Allotment
22 June 2026
Listing
24 June 2026

Subscription status by day

As of 19 June 2026.

Day
1
2
3

About Leapfrog Engineering Services

Registered in the year 2005, Leapfrog Engineering Services Limited engages in integrated Engineering Services and EPCC. The Company provides comprehensive EPCC services in multiple sectors such as Oil & Gas, Food Processing, Pharmaceuticals, and Metals with strict quality, safety, and efficiency standards. With years of experience, the company has completed numerous EPC Design and Build assignments from 2005 till date with effective management, logistics, and in-house capabilities to deliver the projects within deadlines.

As on date 10 January, 2025, the total order book of the company stands at ₹27,500.32 lakhs out of which domestic order constitutes ₹2,695.56 lakhs and export orders constitute ₹24,804.76 lakhs from trusted foreign and Indian clients. As on date 31st December, 2024, the Company has 79 employees.

As described in the offer document.

Objects of the issue

  • Funding Capital Expenditure towards setting up Assembling Unit - ₹27.00 Cr.
  • Working Capital Requirements - ₹36.05 Cr.
  • General Corporate Purposes

Financials (₹ crore)

Metric31-Dec-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Mr. Prabhav Narasimha Rao, Mrs. Priyashaila Prabhav Rao. Promoter holding 92.59% before the issue and 67.27% after.

Application sizes

Individual (min)
2 lots, 12000 shares, ₹2,76,000
Individual(max)
2 lots, 12000 shares, ₹2,76,000
sHNI(min)
3 lots, 18000 shares, ₹4,14,000
sHNI(max)
7 lots, 42000 shares, ₹9,66,000
bHNI(min)
8 lots, 48000 shares, ₹11,04,000

Valuation

EPS Pre IPO
₹1.51
EPS Post IPO
₹1.33
P/E Pre IPO
15.19
P/E Post IPO
17.24
ROE
21.03%
ROCE
23.98%
RoNW
21.03%
PAT Margin
14.04%
Debt/Equity
0.48
Price/Book
3.66
Market Cap
₹326.12 Cr

Registrar and allotment status

Registrar
Integrated Registry Management Services Pvt.Ltd
Allotment status
https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Phone
044 - 28140801 - 28140803
Email
smeipo@integratedindia.in

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Leapfrog Engineering Services SME IPO

What is Leapfrog Engineering Services IPO?

Leapfrog Engineering Services IPO was a ₹88.51 crore book-built issue, comprising a fresh issue of ₹79.6 crore and an offer for sale of ₹8.91 crore. It was priced at ₹21–₹23 per share with a lot size of 6,000 shares; the minimum retail application was 12,000 shares (₹2,76,000). The IPO was open from June 17 to June 19, 2026 and was subscribed 2.75x.

Shares listed on BSE SME on June 24, 2026 at ₹22, a 4.3% discount to the issue price of ₹23. Integrated Registry Management Services Pvt. Ltd. is the registrar. Finshore Management Services Ltd. is the book running lead manager.

What is the price band of Leapfrog Engineering Services IPO?

The price band of Leapfrog Engineering Services IPO is ₹21 to ₹23 per share.

What is the lot size of Leapfrog Engineering Services IPO?

The lot size of Leapfrog Engineering Services IPO is 6000 shares.

What is the minimum investment for Leapfrog Engineering Services IPO?

The minimum investment for Leapfrog Engineering Services IPO is approximately ₹2,76,000 based on the upper price band.

What is the allotment date of Leapfrog Engineering Services IPO?

The allotment date of Leapfrog Engineering Services IPO is Jun 22, 2026.

How to check Leapfrog Engineering Services IPO allotment status?

You can check Leapfrog Engineering Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Leapfrog Engineering Services IPO allotment status on Rupix for quick and easy access.

What was the price band of the Leapfrog Engineering Services SME IPO?

₹21 to ₹23 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Leapfrog Engineering Services SME IPO?

One lot was 6000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,38,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Leapfrog Engineering Services SME IPO?

₹1,38,000, for one lot of 6000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Leapfrog Engineering Services SME IPO open and close?

It opened on 17 June 2026 and closed on 19 June 2026.

When was the allotment of the Leapfrog Engineering Services SME IPO?

The basis of allotment was published on 22 June 2026 by Integrated Registry Management Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Leapfrog Engineering Services list on BSE SME?

The shares listed on 24 June 2026 on BSE SME.

How large was the Leapfrog Engineering Services SME IPO?

The issue size was ₹88.51 crore. The fresh issue was 3,46,08,000 shares (aggregating up to ₹79.6 crore). The offer for sale was 38,76,000 shares (aggregating up to ₹8.91 crore).