# LEAP India IPO sees 1% subscription on opening day 2026-08-07T05:34:13+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet LEAP India’s initial public offering opened on 7 August with 1% subscription reported so far. The issue has a price band of Rs 151 to Rs 159 a share and comprises a fresh issue worth Rs 480 crore and an offer for sale of Rs 2,000 crore. The company raised Rs 743.62 crore from anchor investors by allocating 4.68 crore shares at Rs 159 each. The grey market premium stood at Rs 19.50, implying a possible 12.26% listing gain at the upper price band, though such signals are unofficial. SBI Securities and Swastika Investmart have raised valuation and cash-flow concerns, while Anand Rathi, BP Equities and Ventura Securities recommended subscribing for the long term. Listing is scheduled for 14 August on BSE and NSE. ## Coverage - livemint.com - businesstoday.in Tags: asset pooling, grey market premium, IPO, LEAP India IPO, stock market Canonical: https://indianopinion.org/leap-india-ipo-opens-at-rs-151-159-brokerages-split-on-valuation/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/leap-india-ipo-opens-at-rs-151-159-brokerages-split-on-valuation/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.