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Leapfrog Engineering is an established SME player with a 20-year track record in the EPCC (Engineering, Procurement, Construction, and Commissioning) sector. The company’s diversified presence in high-growth sectors like Oil & Gas and Food Processing provides a safety net against industry-specific downturns. The IPO is mostly a fresh issue (₹80 crore out of ₹89 crore), indicating that the funds will likely be used for business expansion or debt reduction rather than just providing an exit for early investors. However, as an SME IPO, investors should be aware of the low liquidity and the large lot size requirement (₹2.76 lakh minimum). The current neutral GMP suggests a cautious market sentiment.
Leapfrog Engineering SME IPO Overview
Leapfrog Engineering is a company that helps other businesses with engineering work. They started in 2005. They build things for industries like oil, gas, and food factories. Now, they want to grow their business by selling shares to the public. This is called an IPO. They hope to raise about 89 crore rupees from this sale.
Leapfrog Engineering IPO Snapshot
| Feature | Details |
|---|---|
| IPO Open Date | 2026-04-23 |
| IPO Close Date | 2026-04-27 |
| Price Band | ₹21 to ₹23 |
| Market Lot | 12,000 Shares |
| Issue Size | Approx ₹89 Crores |
| Listing At | BSE SME |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | 2026-04-23 |
| IPO Closing Date | 2026-04-27 |
| Basis of Allotment | 2026-04-28 |
| Refunds Initiation | 2026-04-29 |
| Credit of Shares | 2026-04-29 |
| Listing Date | 2026-04-30 |
What Does Leapfrog Engineering Do?
Leapfrog Engineering Services provides many technical solutions. They handle big projects from start to finish. Their services include electrical work, safety systems, and making factory machines work automatically. They have been doing this for over 20 years. They make sure their work is safe and of high quality. They have an in-house team that helps them finish projects on time.
Leapfrog Engineering IPO Grey Market Premium (GMP)
| Date | GMP Value | Expected Gain |
|---|---|---|
| 2026-04-18 | ₹0 | 0% |
The Grey Market Premium (GMP) shows what people think the share price will be. Right now, the GMP has not started yet. Investors are waiting for more news before they start trading in the grey market.
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