Leapfrog Engineering Services IPO: Price, Dates, Details

Mumbai, Jun 15 (PTI) Leapfrog Engineering Services Ltd has fixed the price at Rs 21-23 per share for its initial public offering which will open for subscription on Wednesday, according to a statement.

The Rs 88.51 crore IPO comprises a fresh issue of approximately 3.46 crore equity shares worth Rs 79.60 crore and an Offer for Sale (OFS) of around 38.75 lakh shares aggregating Rs 8.91 crore, a company statement said.

The IPO will open for subscription on June 17, 2026, on BSE SME platform and close on June 19, 2026.


The Bengaluru-headquartered engineering, procurement, construction, and commissioning (EPCC) company has built an order book of more than Rs 384 crore, with export projects accounting for over Rs 327 crore of the pipeline, reflecting the company's growing presence across Kuwait, Bahrain, and other Gulf markets, the statement said.

Over the years, the company expanded into electrical systems, automation, fire protection, modular substations, and industrial infrastructure projects serving sectors such as oil & gas, pharmaceuticals, food processing, metals, and utilities.

A significant portion of this growth has come from the Middle East.

The company reported FY25 revenue of Rs 134.66 crore, EBITDA of Rs 21.57 crore, and profit after tax of Rs 16.22 crore. Its order book remains diversified across oil & gas, infrastructure, utilities, metals, and industrial projects, providing visibility for future revenue generation.