# KKR-backed LEAP India Rs 2,480 crore IPO opens today 2026-08-08T03:47:12+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet LEAP India's Rs 2,480 crore initial public offering opens on August 7 and closes August 11. The price band is Rs 151-159 per share, and the minimum investment for retail investors is Rs 14,946 for 94 shares. The issue includes a fresh issue of Rs 480 crore and an offer for sale of Rs 2,000 crore, with KKR-backed Vertical Holdings II selling the bulk of the OFS shares. The company raised Rs 743.6 crore from 32 anchor investors, including Singapore's sovereign wealth fund GIC, Morgan Stanley, Goldman Sachs, and several domestic mutual funds. Anand Rathi Research has assigned a 'Subscribe, Long Term' rating, noting the IPO is aggressively priced at 113.6 times FY26 earnings. The Hindu Business Line advises investors to wait, citing the high valuation, acquisition-led growth, low return on equity, and negative free cash flow. ## Coverage - economictimes.indiatimes.com - economictimes.indiatimes.com - thehindubusinessline.com Tags: asset pooling, IPO, KKR, LEAP India, logistics, supply chain Canonical: https://indianopinion.org/leap-india-ipo-opens-today-at-rs-151-159/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/leap-india-ipo-opens-today-at-rs-151-159/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.