Allotment

The IPO of Leapfrog Engineering Services Limited is scheduled to open on June 17, 2026 and will close on June 19, 2026. It is a book-built issue, through which the company plans to raise around ₹89 crore, including a fresh issue of ₹80 crore and an offer for sale of up to 38,76,000 equity shares. The price band is set at ₹21 to ₹23 per share, with allocation divided as 50% for QIBs, 15% for NIIs, and 35% for retail investors.
The IPO is expected to be listed on the BSE on June 24, 2026, while the allotment date is June 22, 2026. Financially, the company reported ₹137.37 crore revenue in 2025 compared to ₹162.88 crore in 2024, and a stable profit of ₹16.22 crore in 2025 versus ₹16.39 crore in 2024. Based on these numbers, investors are generally viewing it as a potential long-term opportunity, depending on execution and future growth performance.
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| IPO Date | 24 Jun |
| IPO Listing Date | 24 Jun |
| IPO Face Value | ₹1 Per Equity Share |
| IPO Price Range | ₹23.00 |
| IPO Issue Size | 3,84,84,000 Equity Shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | |
| IPO Issue Type | Book build Issue |
| IPO Listing | BSE SME Platform |
| hare Holding Pre Issue | 10,71,84,000 shares |
| IPO Open Date | 17 Jun |
| IPO Close Date | 19 Jun |
| IPO Allotment (Tentative) | 22 Jun |
| Refunds | 23 Jun |
| Credit to Demat Account | 23 Jun |
| IPO Listing Date | 24 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 18,24,000 Shares |
| NII (HNI) Shares Offered | 1,64,34,000 Shares |
| Retail Shares Offered | 1,83,00,000 Shares |
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| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 12,000 | ₹2,76,000 |
| Retail (Max) | 2 | 12,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 18,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 42,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 48,000 | ₹11,04,000 |
Leapfrog Engineering Services Limited was established in 2003 as an Electrical & Instrumentation (E&I) services company and has now grown into a full-scale EPCC (Engineering, Procurement, Construction, and Commissioning) solutions provider. The company is ISO 9001:2015 certified and focuses on delivering integrated engineering services across multiple industrial sectors, with strong emphasis on quality, safety, and timely project execution.
Its service portfolio covers electrical engineering solutions, instrumentation and control systems, industrial automation, fire protection and fire & gas safety systems, building automation systems (BAS), HVAC solutions, modular substation design and execution, EPC turnkey project delivery, assembly and fabrication support, and industrial infrastructure projects. Operating on a turnkey model, the company manages the complete lifecycle of projects—from design and procurement to installation and commissioning—serving industries like oil & gas, pharmaceuticals, manufacturing, infrastructure, food processing, and telecom.
| Assets | 156.04 | 149.17 | 51.11 |
| Total Income | 105.05 | 137.37 | 162.88 |
| Profit After Tax | 14.18 | 16.22 | 16.39 |
| EBITDA | 20.18 | 21.57 | 19.73 |
| NET Worth | 67.44 | 53.26 | 21.71 |
| Reserves and Surplus | 56.72 | 42.54 | 21.23 |
| Total Borrowing | 32.22 | 20.11 | 13.78 |
| ROE | 30.47% |
| ROCE | 32.45% |
| Debt/Equity | 0.38 |
| RoNW | 30.47% |
| PAT Margin | 12.05% |
| EBITDA Margin | 16.01% |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | ₹36.05 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Leapfrog Engineering Services Ltd.
No 496, Chaithanya Dhriti Rudresh,
6th Main, 8th Cross, Vijaya Bank Layout,
Bannerghatta Road
Bangalore Urban, Karnataka, 560076
Phone: +91 78994 81340
Email: cs@lesgroup.in
Website: https://www.lesgroup.in/
Integrated Registry Management Services Pvt.Ltd.
Phone: 044 – 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
It is a BSE SME IPO where Leapfrog Engineering Services Limited is raising funds to expand its engineering and EPCC operations.
The IPO will open on June 17, 2026.
The price band is fixed at ₹21 to ₹23 per share.
Retail investors need to apply for 2 lots (₹2,76,000 approx.).
The total issue size is around ₹89 crores.
The IPO will be listed on BSE SME platform.
It provides EPCC services including electrical, automation, HVAC, fire safety, and industrial engineering solutions.
The IPO opens on June 17, 2026 and closes on June 19, 2026.
It may be considered for long term depending on execution, financial stability, and project growth.
The IPO is expected to list on June 24, 2026.