Key facts
- Leapfrog Engineering Services Ltd's IPO price is set between Rs 21 and Rs 23 per share.
- The IPO will be open for subscription from June 17 to June 19, 2026.
- The total IPO size is Rs 88.51 crore.
- The offering includes a fresh issue of shares and an Offer for Sale.
- The company has an order book exceeding Rs 384 crore, with significant export projects.
Leapfrog Engineering Services Ltd has announced its initial public offering (IPO) price band of Rs 21-23 per share. The subscription period for the Rs 88.51 crore IPO will commence on Wednesday, June 17, 2026, and conclude on June 19, 2026, on the BSE SME platform.
The offering consists of a fresh issue of approximately 3.46 crore equity shares valued at Rs 79.60 crore, alongside an Offer for Sale (OFS) of around 38.75 lakh shares amounting to Rs 8.91 crore.
The Bengaluru-based company, which specializes in engineering, procurement, construction, and commissioning (EPCC), reported FY25 revenue of Rs 134.66 crore, EBITDA of Rs 21.57 crore, and profit after tax of Rs 16.22 crore. Leapfrog Engineering Services has secured an order book exceeding Rs 384 crore, with export projects contributing over Rs 327 crore, indicating a strong presence in markets like Kuwait and Bahrain.
Over the years, the company has diversified its services to include electrical systems, automation, fire protection, modular substations, and industrial infrastructure projects, serving various sectors such as oil & gas, pharmaceuticals, food processing, metals, and utilities.