Home/IPO/Leapfrog Engineering
SMEClosed

Leapfrog Engineering IPO

Leapfrog Engineering Services, founded in 2005, is one of the growing integrated engineering service and EPCC services providers in India. The company provides complete EPCC solutions for various industries, including Oil & Gas, Food Processing, Pharmaceuticals, and Metals. Leapfrog offers a wide range of services, including Electrical Solutions, Instrumentation & Industrial Automation, Fire Protection & Safety Systems, and Building Automation Systems.

IPO GMP

₹0

+0.00% expected gain

Price Band

₹21 - ₹23

Lot Size

12000 shares

Min Investment

₹2,76,000

Listing Date

June 24, 2026

About Leapfrog Engineering

Company overview, business, and key facts.

Leapfrog Engineering Services, founded in 2005, is one of the growing integrated engineering service and EPCC services providers in India. The company provides complete EPCC solutions for various industries, including Oil & Gas, Food Processing, Pharmaceuticals, and Metals. Leapfrog offers a wide range of services, including Electrical Solutions, Instrumentation & Industrial Automation, Fire Protection & Safety Systems, and Building Automation Systems.

They make sure each of their products meets the standards of safety, high quality, and efficiency. Since its incorporation in 2005, the firm has successfully operated various range of Design and Build projects. With years of experience in the engineering services sector, the company ensures timely delivery through strong management, an in-house team, and a supply chain.

Founded

2005

Headquarters

Bangalore, Karnataka

IPO Details

Issue TypeBook build Issue
Face Value₹1
Price Band₹21 - ₹23
Lot Size12000 shares
Total Issue Size₹89 Cr, 3,84,84,000 Equity Shares
Fresh Issue₹80 Cr, 3,46,08,000 Equity Shares
Offer for SaleApprox 38,76,000 Equity Shares
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)20.32x
Non-Institutional (NII)4.61x
Retail Individual (RII)0.83x
Total Subscription2.6x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹105.38₹0.28₹66.45
    2024₹162.88₹16.39₹51.11
    2025₹137.37₹16.22₹149.17
    Dec 2025₹105.05₹14.18₹156.04

    Figures are indicative and restated for presentation.

    Leapfrog Engineering IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2025

    -15.7%

    14.2% a year over the period

    Profit growth, 2025

    -1%

    661.1% a year over the period

    Profit margin (PAT)

    11.8%

    EBITDA margin 16.01%

    ROE / ROCE

    30.47% / 32.45%

    As published in the offer document

    Debt to equity

    0.38

    GMP-implied gain per lot

    ₹0

    12000 shares on ₹2,76,000. GMP is unofficial.

    Watch-outs

    • Revenue fell 15.7% in 2025.
    • Profit fell 1% in 2025.
    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹23.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: issue size, GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Leapfrog Engineering's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Leapfrog Engineering IPO Review

    Analysis based on live GMP, subscription, and issue details.

    Leapfrog Engineering IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.

    The IPO has been subscribed 2.6x overall — QIB: 20.32x, NII: 4.61x, Retail: 0.83x.

    Leapfrog Engineering IPO subscription has closed. The shares are expected to list on June 24, 2026.

    The minimum investment required is ₹2,76,000 for 12000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Leapfrog Engineering IPO — Frequently Asked Questions

    What is Leapfrog Engineering IPO GMP today?

    Leapfrog Engineering IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0.00%. GMP is indicative and subject to change.

    What is the price band of Leapfrog Engineering IPO?

    The price band for Leapfrog Engineering IPO is ₹21 - ₹23 with a lot size of 12000 shares. The minimum investment required is ₹2,76,000.

    When is Leapfrog Engineering IPO allotment date?

    Leapfrog Engineering IPO allotment is expected to be finalised on June 22, 2026. You can check your allotment status on the registrar's website (Integrated Registry Management Services Pvt.Ltd.) using your PAN number.

    When will Leapfrog Engineering IPO list on NSE/BSE?

    Leapfrog Engineering IPO is expected to list on BSE SME on June 24, 2026.

    How to check Leapfrog Engineering IPO allotment status?

    To check Leapfrog Engineering IPO allotment status, visit the registrar's website (Integrated Registry Management Services Pvt.Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Leapfrog Engineering IPO?

    Leapfrog Engineering IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

    What is the lot size of Leapfrog Engineering IPO?

    The lot size for Leapfrog Engineering IPO is 12000 shares per lot. The minimum investment for retail investors is ₹2,76,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

    Related IPOs