Economy

KKR-Backed LEAP India IPO to Open August 7

Moneycontrol1h
THE BRIEF
1

KKR-backed logistics firm LEAP India has scheduled its ₹2,480 crore IPO for August 7, following an increase in the fresh issue size to ₹480 crore.

2

The public offering includes a fresh issue of shares and an Offer for Sale (OFS) component worth ₹2,000 crore, aimed at expanding the company's operational footprint.

3

Investors are tracking the IPO's Grey Market Premium (GMP) as the company seeks to capitalize on the growing demand for supply chain infrastructure in India.