ListedSMEEngineering - ConstructionLESL

Leapfrog Engineering Services IPO

Leapfrog Engineering Services IPO is an SME IPO raising ₹89 Cr at ₹21 – ₹23 a share. It listed on 24 Jun 2026 at ₹22, −4.3% against its issue price of ₹23, and trades at ₹21 today (−6.7% since issue). It was subscribed 3.70× in total.

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₹23

Issue price

₹21

Price now

−6.7%

Since issue price

24 Jun 2026

Listed on

3.70×Subscribed (final) · all exchanges

3.7 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹21 – ₹23

Cut-off price₹23

Issue size₹89 Cr

Shares per lot6000

Minimum application₹1,38,000

Minimum quantity12000

Face value₹1

Listing exchangesBSE

ISININE0X6O01027

Bidding hours10:00 – 17:00 IST

Bidding window17 Jun 2026 – 19 Jun 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.