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Home >> IPO >> Leapfrog Engineering Services IPO: Price, GMP, Analysis, Details

Leapfrog Engineering Services IPO: Price, GMP, Analysis, Details

  


Leapfrog Engineering Services IPO- Company Analysis 

Leapfrog Engineering Services IPO under the SME IPO category is a bookbuild issue of Rs. 88.51 Cr by Leapfrog Engineering Services Limited and offers EPCC services and is involved in integrated engineering services.

The company ensures high standards of quality, safety, and efficiency by providing end-to-end EPCC solutions for a variety of industries, including metals, food processing, oil and gas, and pharmaceuticals.

With decades of experience, the company has successfully completed a variety of EPC Design and Build projects since 2005, guaranteeing timely delivery through effective supply chain management and internal teams.

Services:

  • Electrical Remedies

  • Industrial Automation & Instrumentation

  • Safety and Fire Protection System

  • Automation System for Buildings

Leapfrog Engineering Services IPO Details

The Leapfrog Engineering Services IPO date of opening is 23 Apr 2026, its initial public offering will end on 27 Apr, IPO allotment on Apr 28 and refund initiation on Apr 29, 2026.

The Rs. 88.51 crore new SME IPO comprises a combination of fresh issue of 3.46 crore shares (₹79.60 Cr) and offer for sale of 0.39 crore shares (₹8.91 Cr).

The Leapfrog Engineering Services IPO listing date (expected) might be on Thursday, Apr 30, 2026, and listing at the BSE and SME. 

The Leapfrog Engineering Services IPO price band is Rs. 21 to ₹23.

IPO Timetable (Tentative)

Events 

Date

IPO Opening Date

Apr 23, 2026

IPO Closing Date

Apr 27, 2026

IPO Allotment Date 

Apr 28, 2026

Refund Initiation 

Apr 29, 2026

IPO Listing Date

Apr 30, 2026

 

Click to open demat account and apply for the IPO.

 

Company Financials

(Amount in Cr)

Particulars

31 Mar 2025

31 Mar 2024

31 Mar 2023

Assets

149.17

51.11

66.45

Total Income

137.37

162.88

105.38

Profit After Tax

16.22

16.39

0.28

EBITDA

53.26

21.71

5.32

Net Worth

42.54

21.23

4.84

Reserves and Surplus

20.11

13.78

13.05

Total Borrowing

149.17

51.11

66.45

 

Cash Flows

(Amount in lac)

Net Cash Flow 

31 Mar 2025

31 Mar 2024

31 Mar 2023

Net Cash Flow Operating Activities

(1,714.85)

(115.78)

1,264.52

Net Cash Flow Investing Activities

(255.69)

0.69

(240.11)

Net Cash Flow Financing Activities

1,971.43

(106.36)

(815.97)

 

 Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

  • Funding Capital Expenditure towards setting up the Assembling Unit. ~ Rs. 27 Cr.

  • Working Capital Requirements. ~ Rs. 36.05 Cr.

  • Issue Related Expenses

  • General Corporate Purposes.


Listed Peers of Leapfrog Engineering Services Ltd. 

Name of the Company

Face Value (Per Share)

EPS (Rs)

P/E Ratio

Engineers India Limited – Standalone

5

8.28

26.21

Konstelec Engineers Limited – Standalone

10

2.83

14.82

 

Valuation

KPI

Value (Mar 31, 2025)

ROE

30.47%

ROCE

32.45%

Debt/Equity

0.38

RoNW

30.47%

PAT Margin

12.05%

EBITDA Margin

16.01%

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 1.57 from the last year, the resulting P/E ratio is 14.64x.

Explore the Mehul Telecom IPO.

IPO's Strengths 

  • Skilled promoters supported by a capable management group.

  • Robust Order Book.

  • robust worldwide presence.

  • A portfolio that is diversified across multiple market segments.

  • a proven track record of prompt execution.


IPO's Weaknesses

  • Legal proceedings.

  • Dependence on leased premises

  • Execution risk in expansion plans.

Leapfrog Engineering Services IPO GMP (Grey Market Premium)

Leapfrog Engineering Services IPO GMP today has not started yet, as of 18 Apr 2026, while writing this information.


Leapfrog Engineering Services IPO Summary

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IPO Opening & Closing Date 

23 Apr, 2026 to 27 Apr, 2026

Face Value 

Rs. 10 per Share

Issue Price

Rs. 21 to Rs. 23 per Share.

Lot Size

6000 Shares

Issue Size

3,84,84,000 Shares (Rs. 89 Cr)

Offer for Sale 

38,76,000 Shares (Rs. 9 Cr)

Fresh Issue 

3,26,82,000 Shares (Rs. 75 Cr)

Listing at

BSE, SME

Issue Type 

Bookbuild issue IPO

Registrar 

Integrated Registry Management Services Pvt. Ltd. 


IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (12000 Shares) for Rs. 2,76,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (18000 Shares) for Rs. 4,14,000.

Minimum Lot Investment (Retail) 

2 Lots

Maximum Lot Investment (Retail) 

2 Lots

HNI (Min)

3 Lots

 

Leapfrog Engineering Services IPO Allotment Status

To check the Leapfrog Engineering Services IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Leapfrog Engineering Services Ltd.

  • Mr. Prabhav Narasimha Rao

  • Mrs. Priyashaila Prabhav Rao.

Pre-Issue Promoter Shareholding

92.59%

Post-Issue Promoter Shareholding

67.27%

 

IPO Lead Managers

Finshore Management Services Ltd.

Dividend Policy

The company has not paid a dividend during the last three years. 

 

 

Conclusion

At a price of roughly 14.64x P/E, the Leapfrog Engineering Services IPO presents a new issue-heavy SME opportunity in the EPCC and industrial automation area. The IPO may draw investors seeking exposure to the engineering industry on the BSE SME due to its robust order book, good margins, and strong revenue growth.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.



Author


Frequently Asked Questions

+
Apr 23, 2026.
+
On Apr 30, 2026, this IPO can be listed.
+
To apply for the Leapfrog Engineering Services IPO, you need to have a demat account. If not, click to open demat account, then log in to the app and search for IPO, fill in the necessary details, bids, DOB, etc, during the IPO open date and submit your request.
+
To check the allotment status of any IPO, follow the simple guide below- Go to the Registrar's website (e.g. KFintech, Link Intime, Bigshare). For your reference, the websites of these Registrars are provided below- Link Intime IPO allotment status Kfintech IPO allotment status​ From the menu, choose the IPO name. Enter your DP/Client ID, Application No., or PAN. Click "Search" or "Submit" to see the status of your allocation.
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Apr 28, 2026.


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