- Price band
- To be announcedNot in this filing
- Issue size
- 3,84,84,000 sharesAmount set with price
- Face value
- ₹1per equity share
- Lot size
- To be announcedMin. investment shown once set
- OpensWed, 2026
- ClosesFri, 2026
- AllotmentMon, 2026
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 3,46,08,000 shares
- Offer for sale
- 38,76,000 shares
- Total issue
- 3,84,84,000 shares
- Market maker portion
- 19,26,000 shares
- Face value
- ₹1
- Listing at
- BSE SME
Source: Red Herring ProspectusUpdated
Reservation
Share of the total issue- Market maker100.0%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Qualified institutional buyers (QIB) | — | — | 50% |
| Market maker | 19,26,000 | — | — |
Source: Red Herring ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
Data as on 31/12/2025 (nine months)- RoNW
- 21.03%
- ROCE
- 23.98%
- Debt to equity
- 0.48
- EBITDA margin
- 19.98%
- PAT margin
- 14.04%
- EPS (basic)
- ₹1.32
- RoNW (31-03-2025)
- 30.47%
- ROCE (31-03-2025)
- 32.45%
- Debt to equity (31-03-2025)
- 0.38
- EBITDA margin (31-03-2025)
- 16.01%
- PAT margin (31-03-2025)
- 12.05%
- EPS (basic) (31-03-2025)
- ₹1.57
- RoNW (31-03-2024)
- 75.51%
- ROCE (31-03-2024)
- 68.10%
- Debt to equity (31-03-2024)
- 0.63
- EBITDA margin (31-03-2024)
- 12.50%
- PAT margin (31-03-2024)
- 10.38%
- EPS (basic) (31-03-2024)
- ₹1.63
- RoNW (31-03-2023)
- 5.32%
- ROCE (31-03-2023)
- 10.95%
- Debt to equity (31-03-2023)
- 2.45
- EBITDA margin (31-03-2023)
- 0.96%
- PAT margin (31-03-2023)
- 0.27%
- EPS (basic) (31-03-2023)
- ₹0.03
P/E and market cap are calculated once the price band is announced.
Source: Red Herring ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Dec 20259 months | 31 Mar 202512 months | 31 Mar 202412 months | 31 Mar 202312 months |
|---|---|---|---|---|
| Revenue from operations | 101.01 | 134.66 | 157.85 | 104.18 |
| Total income | 105.05 | 137.37 | 162.88 | 105.38 |
| EBITDA | 20.18 | 21.57 | 19.73 | 1.01 |
| Profit after tax | 14.18 | 16.22 | 16.39 | 0.28 |
| Net worth | 67.44 | 53.26 | 21.71 | 5.32 |
| Total borrowing | 32.22 | 20.11 | 13.78 | 13.05 |
12 months vs 12 months: revenue −14.7%, profit after tax −1.0%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: Red Herring ProspectusUpdated
About the company
The company provides engineering, procurement, construction and commissioning (EPCC) services, focused on electrical, instrumentation, fire safety, modular substation and automation systems. It serves clients in industries such as oil and gas, food processing, pharma and metals, in India and abroad.
- Incorporated
- 2005
- Industry
- Engineering Services (EPCC)
- CIN
- U74210KA2005PLC036274
- Website
- lesgroup.in
Source: Red Herring ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Prabhav Narasimha Rao and Priyashaila Prabhav Rao | Promoter | 86.99% | — | — |
| Prabhav Narasimha Rao | Selling shareholder | — | — | 38,76,000 |
Source: Red Herring ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long operating history of over 20 years in EPCC engineering services.
- Diversified client base across oil and gas, food processing, pharma and metals.
- Multi-discipline service offering spanning electrical, instrumentation, fire safety and modular substations.
- Export business with projects in several countries, including repeat work in Kuwait.
- Revenue crossed INR 150 crore in FY 2023-24 with improved profitability since FY 2022-23.
Risks
- This is the company's first public issue and there is no existing market for its shares.
- Price band, floor and cap prices are not yet determined in the document.
- Promoters will hold a large majority of shares before and after the issue, limiting public influence.
- Total borrowings rose sharply over the periods shown, increasing debt obligations.
- Revenue and total income declined in the nine months ended December 2025 compared with the prior full year, and the figures are not annualised.
Source: Red Herring ProspectusUpdated
Contacts
Source: Red Herring ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on BSE SME.
Frequently asked questions
When does the Leapfrog Engineering Services IPO open and close?
According to the Red Herring Prospectus, the issue opens on Wednesday, 17 June 2026 and closes on Friday, 19 June 2026.
What is the Leapfrog Engineering Services IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Leapfrog Engineering Services shares list?
On BSE SME. The tentative listing date is Wednesday, 24 June 2026.
Who is the registrar of the issue?
Integrated Registry Management Services (P) Limited. Allotment status is checked on the registrar's website.
How do I check the Leapfrog Engineering Services IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 22 June 2026. After that, search by PAN, application number or DP/client ID on the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.