The public offering for Leapfrog Engineering Services reaches its conclusion today, June 19, following a three-day bidding window that commenced earlier this week. The firm is seeking to raise approximately ₹88.51 crore through the issuance of shares priced between ₹21 and ₹23.
Market participants have been monitoring the subscription status closely, though initial interest appears conservative. Currently, the grey market premium (GMP) for the stock is holding steady at zero, suggesting that investors are maintaining a cautious stance ahead of the official exchange debut.
For those looking to participate, the cut-off time for application submissions is fast approaching. The company is slated to finalize its allotment process shortly, with shares expected to begin trading on the bourses by June 24.
Key IPO Details
- Total Issue Size: ₹88.51 crore
- Price Band: ₹21 - ₹23 per share
- Listing Date: June 24
