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LEAP India IPO Subscription Status

The LEAP India IPO has been subscribed 0.26x times overall. Retail investors have shown interest with bids for 0.13x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.11x. Within NII, Big HNI (B-HNI) subscribed 0.08x and Small HNI (S-HNI) subscribed 0.16x. Qualified Institutional Buyers (QIBs) have subscribed 0.61x. Data last updated on 07 Aug, 07:30 PM.

It is Day 1 of subscription. The issue is currently undersubscribed, presenting a higher chance of allotment for applicants. 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
0.26 x
QIB 0.61x
BHNI 0.08x
SHNI 0.16x
Retail 0.13x
Employee 1.07x

Live Bidding

Category Bid Details TIMES
QIB
1,99,33,828
of 3,28,31,138
316.95 Cr
0.61x
NII
27,22,992
of 2,46,23,345
43.30 Cr
0.11x
Retail
73,91,314
of 5,74,54,471
117.52 Cr
0.13x
Employee
88,924
of 82,781
1.41 Cr
1.07x
TOTAL
3,01,37,058
479.18 Cr
0.26x

Last Updated: 07 Aug 2026, 07:30 PM

Application-wise Breakup (Estimated)

Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.

Category Est. Applied Times
Retail
max 5,80,465
57,129 0.10x
sNII (₹2–10 L)
max 5,923
944 0.16x
bNII (₹10 L+)
max 2,475
202 0.08x
Employee
max 836
93 0.11x
TOTAL (EST.) 58,368
Subscription Insights

Day 1: Early Trends

It's Day 1. Initial data is just starting to trickle in. QIBs and Big HNIs typically wait until the final day. Wait for Day 3 for a clear picture of institutional demand.

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise Subscription History

Subscription trends over the last 1 days

Date Total
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)
Full allotment
0.13x — undersubscribed. Every valid retail application should be allotted in full.
Small HNI (₹2–10 L)
Full allotment
0.16x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.08x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
0.61x
Proportionate allotment — at 0.61x, institutions receive ~100% of their bid. No lottery; not open to individual investors. QIBs still building position — they typically flood in after 3 PM on the final day.

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 09 Aug, 2026, the LEAP India IPO is subscribed 0.26x times. Retail category is 0.13x, and NII is 0.11x 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 ₹16, indicating a potential listing gain of 10.06%.

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 currently undersubscribed at 0.13x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 0.61x mean for LEAP India IPO?

QIBs have subscribed 0.61x so far. Institutional participation is still building — expect movement in the final hours of subscription.

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

Track every stage of this IPO from subscription to listing:

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