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Logistics solutions firm Leap India Limited has filed its draft red herring prospectus (DRHP) with SEBI to raise up to Rs 2,400 crore through an initial public offering (IPO). The offer comprises a fresh issue of Rs 400 crore and an offer for sale (OFS) of Rs 2,000 crore.
The OFS will primarily be led by Vertical Holdings II Pte. Ltd., a promoter entity backed by KKR, which plans to divest shares worth Rs 1,998.6 crore. Another promoter group entity, KIA EBT Scheme 3, will offload shares worth around Rs 13.8 crore.
Promoted by Sunu Mathew and Vertical…
