LEAP India: IPO Proceeds Utilization Report for Q3 2026

LEAP India Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of its Initial Public Offer (IPO) proceeds. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the stated objects of the IPO. This was based on management representations and a certificate from statutory auditors, Walker Chandiok & Co LLP. The Audit Committee and the Board of Directors have reviewed and taken this report on record. The company's IPO, a fresh issue of 3,01,88,687 equity shares, was priced at ₹159 per share, raising approximately ₹4,800 million. The report will also be hosted on the company's website.