
Capital Goods / Engineering Services · BSE
Established in 2003, Leapfrog Engineering Services Limited is an ISO-certified engineering company that provides complete solutions in design, engineering, construction, instrumentation, fire protection, and industrial automation systems. Initially started as an Electrical and Instrumentation (E&I) firm, the company has grown into a full-service engineering solutions provider with a strong focus on design and execution. It serves industries such as oil and gas, pharmaceuticals, food processing, manufacturing, and telecom, offering customized and timely project solutions. With a collaborative approach and strong engineering and supply chain capabilities, the company ensures efficient project delivery, and over the years, it has built a global client base with a focus on quality, innovation, and reliability.
Price Band
₹21 – ₹23
Issue Size
₹3848.40 L Cr
Lot Size
6000 shares
GMP
Est. Listing
₹23
at current GMP
Subscribed
2.75x
overall
Open
17 Jun 2026
Close
19 Jun 2026
Allotment
22 Jun 2026
Refund
23 Jun 2026
Demat Credit
24 Jun 2026
Listing
24 Jun 2026
Overall Subscription
2.75x
Total Demand
QIB Multiplier
20.32x
Institutions & Funds
NII / HNI
5.23x
High Net-Worth
Retail (RII)
0.84x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 378,000 | 7,680,000 | 20.32x |
| NIB | 14,220,000 | 74,418,000 | 5.23x |
| HNIs(10L +) | 9,480,000 | 17,736,000 | 1.87x |
| HNIs (2-10L) | 4,740,000 | 56,682,000 | 11.96x |
| RETAIL | 21,960,000 | 18,444,000 | 0.84x |
| Total | 50,778,000 | 174,960,000 | 2.75x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 8 | 0.00x |
| NIB | — | 3,033 | 0.00x |
| RETAIL | 1,830 | 1,537 | 0.84x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 527 | 41 | 0.08x |
| HNIs (2-10L) | 263 | 3,143 | 11.95x |
| Shareholder | — | — | 0.00x |
| Total Applications | 2,620 | 7,762 | 2.96x |
Leapfrog Engineering Services Limited is bringing an initial public offering (IPO) in the Capital Goods / Engineering Services sector with an aggregate issue size of ₹3,84,84,000 Crores. The shares are offered at a price band of ₹21 to ₹23 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Integrated Registry Management Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-06-24, while un-allotted funds or UPI block mandates will be released on 2026-06-23.
The Leapfrog Engineering Services Limited IPO aggregate issue size is ₹3,84,84,000 Crores with an equity price band set at ₹21 to ₹23 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,38,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Integrated Registry Management Services Private Limited) and the BSE status verification website on or around 2026-06-22.