Leapfrog Engineering Services SME IPO
Leapfrog Engineering Services IPO — date, price band, GMP & allotment 2026
Leapfrog Engineering Services SME IPO , offering investors exposure to a company founded to deliver precision engineering and fabrication solutions. The firm follows a project-based business model, providing design, manufacturing, and assembly services to industrial clients. It primarily caters to sectors such as infrastructure, heavy engineering, and industrial equipment, with a strong operational presence in India and a growing focus on export-oriented assignments.
Stock price
Leapfrog Engineering Services is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 15 September.
- Open 17 Jun 2026
- Close 19 Jun 2026
- Allotment 22 Jun 2026
- Refund/credit 29 Apr 2026
- Listing 24 Jun 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 17 to 19 Jun, 2026 |
|---|---|
| Price Band | ₹21 – ₹23 |
| Face Value | ₹1 |
| Lot Size | 6000 Shares |
| Issue Size | ₹88.51 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE SME |
| Registrar | Integrated Registry Management Services Private Limited |
| Min Investment | ₹ 2,76,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 6000 shares at the ₹23 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 12,000 | ₹2,76,000 |
| Retail (max) | 2 | 12,000 | ₹2,76,000 |
| HNI (min) | 3 | 18,000 | ₹4,14,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Leapfrog Engineering Services offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 156.04 | 149.17 | 51.11 | 66.45 |
| Total Income | 105.05 | 137.37 | 162.88 | 105.38 |
| Profit After Tax | 14.18 | 16.22 | 16.39 | 0.28 |
| EBITDA | 20.18 | 21.57 | 19.73 | 1.01 |
| 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Leapfrog Engineering Services RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Leapfrog Engineering Services IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹1.33 |
| P/E Ratio (x) | 17.24 |
| Market Cap at Offer Price (₹ Cr) | ₹245.22 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹23 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹126.10 Cr of the issue is earmarked to named objects.
About the company
The company offers services including electrical systems, instrumentation, industrial automation, fire protection, building automation and modular substation solutions. Its business model focuses on executing end-to-end projects for sectors such as oil & gas, petrochemicals, metals, pharmaceuticals and food processing. The company is promoted by Prabhav Narasimha Rao and Priyashaila Prabhav Rao, and generates revenue primarily through EPCC contracts, engineering design services and project execution for domestic as well as overseas clients, particularly in the Middle East.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 78994 81340
044-28140801/28140803
Check allotment status
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Finshore Management Services Limited
4 issues handledBest listing: Grover Jewells (+9.1%). Weakest: Skytech Infinite Platform (-3.9%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Leapfrog Engineering Services?
The current Grey Market Premium is ₹0.
What is the Leapfrog Engineering Services IPO price band?
₹21 to ₹23, on a face value of ₹1.
When is the allotment?
The basis of allotment is 22 June 2026, with listing on 24 June 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Integrated Registry Management Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
