Leapfrog Engineering Services Ltd. IPO Details 2026
All About Leapfrog Engineering Services Ltd. IPO

The Leapfrog Engineering Services Ltd. The IPO size is ₹88.51 crore, comprising a fresh issue of ₹- crore and an offer-for-sale of ₹79.60 crore. It is a Book Build issue. The IPO issue opens on – -, and closes on -. The share allotment is expected on -, and the listing date is -. Leapfrog Engineering Services Ltd. is based in Bangalore Urban, Karnataka, and operates in the Integrated Engineering Services (EPCC) sector. It filed its DRHP on February 10, 2025, and its shares will list on the BSE SME. Integrated Registry Management Services Pvt.Ltd is the registrar, while Finshore Management Services Ltd. serves as the merchant banker for the offer.
IPO Highlights
IPO Reservation and Lot Size
The company has reserved shares for various investor categories. The Retail Shares reservation is 50.06% (1,83,00,000 shares), and the QIB reservation is –% (18,24,000). Further, the minimum lot size is 6000 shares. The anchor investor reservation is –% (– shares), and the market maker reservation is 5% (19,26,000).
IPO Issue Structure
QIB | 18,24,000 (-%) |
| Anchor Investor | |
| QIB (Ex. Anchor) | |
NII (HNI) | 1,64,34,000 (44.95%) |
| bNII > ₹10L | |
| sNII < ₹10L | |
Retail | 1,83,00,000 (50.06%) |
Market Maker | |
Total | 3,84,84,000 (100%) |
On February 10, 2025, the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.
IPO GMP
The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.
Financial Performance (₹ in Cr)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2024 |
|---|---|---|---|---|
| Total Income | 105.05 | 137.37 | 162.88 | 105.38 |
| Profit After Tax | 14.18 | 16.22 | 16.39 | 0.28 |
| Assets | 156.04 | 149.17 | 51.11 | 66.45 |
| Net Worth | 67.44 | 53.26 | 21.71 | 5.32 |
| Reserves and Surplus | 56.72 | 42.54 | 21.23 | 4.84 |
| Total Borrowing | 32.22 | 20.11 | 13.78 | 13.05 |
Key Performance Indicator
| Particulars | Dec-25 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| EBITDA Margin (%) | 19.55 | 12.50 | 0.97 | 5.94 |
| PAT Margin (%) | 13.89 | 10.38 | 0.27 | 1.49 |
| EPS (₹) | 0.43 | 341.51 | 5.90 | 12.98 |
| ROE (%) | 16.69 | 75.50 | 5.26 | 12.33 |
| ROCE (%) | 15.16 | 68.10 | 10.95 | 12.28 |
| ROA (%) | 6.80 | 32.07 | 0.42 | 1.95 |
| Debt to Equity (x) | 0.69 | 0.63 | 2.45 | 3.94 |
To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus, visit here.
Leapfrog Engineering Services Ltd. SME IPO Review
You must assess the company’s financial position before deciding on investments. You can read our full review article here.
Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.
IPO Financial Snapshot
✅Strengths
⚠️Weaknesses
Listing Day TradingBSE SME
Quick Links
Leapfrog Engineering Services Details
Leapfrog Engineering Services Ltd. began operations in 2005. The company operates in the Integrated Engineering Services (EPCC) sector. It manufactures MV/LV switchgears for the market and provides EPCC services, electrical solutions, industrial automation, fire protection, and building automation to clients. Its main office is in Bangalore Urban, Karnataka. The firm employs 79 workers in various departments as of December 31, 2024. Its leadership team has decades of industry experience.
Main Offerings:
Key Strength:
Company Address: No 496, Chaithanya Dhriti Rudresh, 6th Main, 8th Cross, Vijaya Bank Layout, Bannerghatta Road, Bangalore Urban, Karnataka, 560076
You can contact the company via call or email.
+91 78994 81340 / ics@lesgroup.in
Intermediaries & Key Contacts
Frequently Asked Questions
The Leapfrog Engineering Services Ltd. IPO is a Book Build SME issue. It comprises a fresh issue of up to 3,71,76,000 shares and an Offer for Sale of up to 38,88,000 shares.
The subscription opens on June 17, 2026, and the issue closes on June 19, 2026.
The price band for the IPO is ₹21 to ₹23 per share.
Integrated Registry Management Services Pvt.Ltd is the official registrar for this IPO.
The shares are expected to list on the BSE SME platform on June 24, 2026.
The minimum lot size is 6000 shares for the retail category.


No comments yet. Be the first to share your thoughts!