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SEBI Clears Leap India’s INR 2,400 Cr IPO

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SUMMARY

LEAP India filed its DRHP for a fresh issue of shares worth INR 400 Cr along with an offer for sale (OFS) component of up to INR 2,000 Cr

The company is a sustainable supply chain solutions provider, specialising in pooling reusable packaging for companies to reduce logistics waste

The regulator issued its observations during the Week ended December 5. In SEBI’s parlance, issuance of observations is a nod to proceed with the public issue.

Supply chain solutions…

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