Leapfrog Engineering IPO Subscribed 2.70 Times on Day 3
Last Updated: 19th June 2026 - 06:04 pm
Leapfrog Engineering Services Limited's initial public offering (IPO) closed its three-day subscription window at 2.70 times overall subscription by 4:54 PM on Day 3 (June 19, 2026). The ₹88.51 crore book-build issue, priced at ₹21 to ₹23 per share, received bids for 9,85,32,000 shares against 3,65,58,000 shares on offer, with total applications reaching 4,579.
Subscription Status of Leapfrog Engineering IPO
| Date | QIB (Ex-Anchor) | NII | Individual Investors | Total |
| Day 1 (June 17) | 12.48 | 2.52 | 0.29 | 1.28 |
| Day 2 (June 18) | 20.32 | 3.57 | 0.45 | 1.87 |
| Day 3 (June 19) | 20.32 | 5.10 | 0.84 | 2.70 |
Here are the subscription details for Leapfrog Engineering Services (Day 3, as of 4:54 PM)
| Investor Category | Subscription (times) | Shares Offered | Shares Bid For | Total Amount (₹ Cr.) |
| Market Maker | 1.00 | 19,26,000 | 19,26,000 | 4.43 |
| QIB (Ex-Anchor) | 20.32 | 3,78,000 | 76,80,000 | 17.66 |
| NII | 5.10 | 1,42,20,000 | 7,24,92,000 | 166.73 |
| bNII (>₹10L) | 1.67 | 94,80,000 | 1,58,10,000 | 36.36 |
| sNII (<₹10L) | 11.96 | 47,40,000 | 5,66,82,000 | 130.37 |
| Individual Investors | 0.84 | 2,19,60,000 | 1,83,60,000 | 42.23 |
| Total | 2.70 | 3,65,58,000 | 9,85,32,000 | 226.62 |
Key Highlights – Day 3
- Overall subscription reached 2.70 times, improving from Day 2's 1.87 times, driven by further improvement in NII participation on the final day.
- Non-institutional investors improved to 5.10 times from Day 2's 3.57 times, with sNII leading strongly at 11.96 times against bNII's subdued 1.67 times.
- Qualified institutional buyers (ex-anchor) held steady at 20.32 times, unchanged from Day 2.
- Individual investors improved to 0.84 times from Day 2's 0.45 times, though participation remained below full subscription throughout.
- Total applications reached 4,579 on Day 3.
Key Highlights – Day 2
- Overall subscription reached 1.87 times, improving from Day 1's 1.28 times.
- Qualified institutional buyers (ex-anchor) improved to 20.32 times from Day 1's 12.48 times, crossing full subscription strongly on Day 2.
- Non-institutional investors improved to 3.57 times from Day 1's 2.52 times, with sNII at 9.32 times and bNII at 0.70 times.
- Individual investors improved marginally to 0.45 times from Day 1's 0.29 times.
Key Highlights – Day 1
- Overall subscription crossed full subscription at 1.28 times on Day 1 (June 17, 2026), driven primarily by strong institutional and NII demand for this EPCC services SME IPO.
- Qualified institutional buyers (ex-anchor) showed the strongest opening participation at 12.48 times on Day 1.
- Non-institutional investors crossed full subscription at 2.52 times, with sNII at 5.90 times and bNII at 0.83 times on Day 1.
- Individual investors showed subdued participation at 0.29 times on Day 1.
About Leapfrog Engineering Services Limited
Incorporated in 2005, Leapfrog Engineering Services Limited provides integrated engineering services and EPCC solutions across oil and gas, food processing, pharmaceuticals, and metals sectors. Its service portfolio includes electrical solutions, instrumentation and industrial automation, fire protection and safety systems, and building automation systems. As of March 31, 2026, the company had an order book of ₹384.03 crore and employed 112 permanent and 60 contract employees as of April 30, 2026.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- UPI Bid Instantly
Trending on 5paisa
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.