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LEAP India IPO Subscription Status

The LEAP India IPO has been subscribed 8.38x times overall. Retail investors have shown interest with bids for 1.71x the shares available. The Non-Institutional Investor (NII) category has been subscribed 12.64x. Within NII, Big HNI (B-HNI) subscribed 13.77x and Small HNI (S-HNI) subscribed 10.38x. Qualified Institutional Buyers (QIBs) have subscribed 16.84x. Data last updated on 08 Sep, 01:37 PM.

The IPO subscription period has ended. The issue opened on 07 Aug, 2026 and closes on 11 Aug, 2026. The shares are expected to list on stock exchanges on 14 Aug, 2026.

Total Subscription
8.38 x

9,65,017 applications

QIB 16.84x
BHNI 13.77x
SHNI 10.38x
Retail 1.71x
Employee 10.99x

Live Bidding

Category Bid Details TIMES
QIB
55,28,45,866
of 3,28,31,138
83 applications
8,790.25 Cr
16.84x
NII
31,11,83,804
of 2,46,23,345
99,299 applications
4,947.82 Cr
12.64x
Retail
9,83,21,744
of 5,74,54,471
8,65,510 applications
1,563.32 Cr
1.71x
Employee
9,09,356
of 82,781
125 applications
14.46 Cr
10.99x
TOTAL
96,32,60,770
9,65,017 applications
15,315.85 Cr
8.38x

Last Updated: 08 Sep 2026, 01:37 PM

LEAP India IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹159.

FINAL
Applications
9,65,049
Allottees
5,98,612
Overall Odds
1 in 1.6
Amount Collected
₹16,016 Cr
Category Apps Got Odds
QIB
7.69x subscribed
115 115 All
Ex. Anchor
83 83 All
Anchor
32 32 All
NII (HNI)
13.29x subscribed
99,299 17,772 1 in 5.6
bNII >₹10L
35,648 11,848 1 in 3.0
sNII <₹10L
63,651 5,924 1 in 11
Retail
1.77x subscribed
8,65,510 5,80,600 1 in 1.5
Employees
0.53x subscribed
125 125 All
TOTAL
6.46x subscribed
9,65,049 5,98,612 1 in 1.6
Subscription Insights

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 58.5% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 16.84x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
11 Aug 2026 DAY 3
8.38x
QIB 16.84x
BHNI 13.77x
SHNI 10.38x
Retail 1.71x
Employee 10.99x
10 Aug 2026 DAY 2
0.49x
QIB 0.61x
BHNI 0.41x
SHNI 0.68x
Retail 0.41x
Employee 2.95x
07 Aug 2026 DAY 1
0.26x
QIB 0.61x
BHNI 0.08x
SHNI 0.16x
Retail 0.13x
Employee 1.07x
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Anchor Investor Allocation

Breakdown of shares allotted to anchor investors before the IPO opening

Anchor Investor Amt (₹ cr.) % Allocated
SMALLCAP WORLD FUND,INC. ₹159.99 Cr 21.51%
AXIS FLEXI CAP FUND ₹74.99 Cr 10.08%
MONETARY AUTHORITY OF SINGAPORE ₹54.99 Cr 7.39%
ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ₹49.93 Cr 6.72%
GOVERNMENT PENSION FUND GLOBAL ₹47.39 Cr 6.37%
MOTILAL OSWAL LARGE CAP FUND ₹35.00 Cr 4.71%
PRUDENTIAL ASSURANCE CO.LTD.,THE ₹31.99 Cr 4.30%
AMUNDI FUNDS NEW SILK ROAD ₹31.99 Cr 4.30%
BANK OF INDIA FLEXI CAP FUND ₹25.99 Cr 3.49%
MORGAN STANLEY INDIA INVESTMENT FUND,INC. ₹20.54 Cr 2.76%
HABROK INDIA MASTER LP ₹19.58 Cr 2.63%
ITI SMALL CAP FUND ₹18.00 Cr 2.42%
JM FINANCIAL MUTUAL FUND ₹18.00 Cr 2.42%
SOCIETE GENERALE-ODI ₹15.00 Cr 2.02%
MOTILAL OSWAL CONSUMPTION FUND ₹15.00 Cr 2.02%
GREATER INDIA PORTFOLIO ₹14.07 Cr 1.89%
MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND ₹12.79 Cr 1.72%
CASSINI PARTNERS, L.P. ₹12.41 Cr 1.67%
BANK OF INDIA MULTI CAP FUND ₹10.00 Cr 1.34%
GROWW MULTICAP FUND ₹9.99 Cr 1.34%
ITI MULTI CAP FUND ₹9.00 Cr 1.21%
ITI FLEXI CAP FUND ₹9.00 Cr 1.21%
JM MIDCAP FUND ₹6.00 Cr 0.81%
LIONTRUST INVESTMENT FUNDS I-LIONTRUST INDIA FUND ₹5.00 Cr 0.67%
GOLDMAN SACHS INVESTMENTS (MAURITIUS) I LTD. ₹5.00 Cr 0.67%
ALPHAMINE ABSOLUTE RETURN FUND ₹5.00 Cr 0.67%
CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. ₹5.00 Cr 0.67%
BNP PARIBAS FINANCIAL MARKETS ₹5.00 Cr 0.67%
JM SMALL CAP FUND ₹5.00 Cr 0.67%
GROWW SMALL CAP FUND ₹5.00 Cr 0.67%
JM LARGE & MIDCAP FUND ₹4.00 Cr 0.54%
JM AGGRESSIVE HYBRID FUND ₹3.00 Cr 0.40%
Total ₹743.64 Cr 99.96%

LEAP India IPO Allotment Probability

Retail (up to ₹2 L)
1 in 2
~70.6% chance per PAN — 865,510 applicants for 611,217 allotment slots. Winners get exactly 1 lot (₹14,946) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 11
~9.8% chance — 63,651 applicants for 6,236 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 14
~7.3% chance — 35,648 applicants for 2,606 allotment slots. Lottery allots the minimum B-HNI application of 67 lots (₹10 L) per winner; the rest is proportionate.
QIB (institutions)
16.84x
Proportionate allotment — at 16.84x, institutions receive ~5.9% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of LEAP India IPO?

As of IPO close date (11 Aug, 2026), the LEAP India IPO is subscribed 8.38x times. Retail category is 1.71x, and NII is 12.64x subscribed.

When is the allotment date for LEAP India IPO?

The allotment for LEAP India IPO is expected to be finalized on 12 August, 2026.

What is the GMP of LEAP India?

The Grey Market Premium (GMP) for LEAP India is currently ₹13, indicating a potential listing gain of 8.18%.

When will LEAP India IPO list on the stock market?

LEAP India is scheduled to list on BSE and NSE on 14 August, 2026.

What are the chances of getting allotment in LEAP India IPO?

The retail category is oversubscribed at 1.71x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 16.84x mean for LEAP India IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 16.84x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check LEAP India IPO allotment status?

After the allotment date (12 Aug, 2026), you can check your LEAP India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore LEAP India IPO Further

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