LEAP India
Weak fundamentals and premium/expensive valuation
Plain-English Summary✨
What does the company do?
LEAP India IPO is currently open with a price band of 151-159. The company has shown revenue growth in recent years, but key valuation metrics are missing.
Why are investors interested?
The company has shown revenue growth in recent years, with EBITDA margin consistently high. However, PAT margin has been stable but not increasing significantly.
What should beginners watch out for?
Data quality is a concern, with several key metrics missing, including valuation ratios, company profile, and anchor investor data.
Key IPO Metrics
GMP Today
+8.2%
Total Subscription
Overall demand
Retail Subscription
Retail Queue
QIB Subscription
Institutional Queue
NII (HNI) Subscription
Non-Institutional
Anchor Book
Subscribed
Business Overview
About the Company
Industry
Vibrant growth sector
High growth industry driven by energy transition and carbon mitigation.
Business Segments (FY24)
Objects of the Issue
Promoters
Promoters group details
Promoter Group holds 72.21% of pre-issue capital.
Lead Managers
Registrar
Financials & Performance(Standalone)
Revenue (₹ Cr)
CAGR 41.4%PAT (₹ Cr)
CAGR 29.5%EBITDA Margin (%)
ImprovingDebt / Equity (x)
Strong DeleveragingROCE (%)
Healthy Trend| Financial Year | Revenue (₹ Cr) | EBITDA Margin (%) | PAT (₹ Cr) | ROCE (%) | ROE (%) | Debt / Equity (x) |
|---|---|---|---|---|---|---|
| 2024 | ₹364.97 Cr | 57.52% | ₹37.17 Cr | 0.00% | 0.00% | 0.00x |
| 2025 | ₹466.47 Cr | 58.70% | ₹37.56 Cr | 0.00% | 0.00% | 0.00x |
| 2026 | ₹729.53 Cr | 51.93% | ₹62.34 Cr | 0.00% | 0.00% | 0.00x |
Valuation & Peer Comparison
| Company | P/E (x) | ROE (%) | Revenue CAGR (3Y) | EBITDA Margin (%) | Market Cap (₹ Cr) |
|---|---|---|---|---|---|
| LEAP India (IPO) | -- | -- | 56.4% | 51.9% | -- |
Why this IPO looks good
- Revenue growth in recent years
- EBITDA margin has been consistently high
- PAT margin is stable
Demand & Momentum
Subscription Trend (Times)
GMP Trend
GMP Trend (₹)
AI Research Q&A
Who is this IPO suitable for?
Ideal for investors who:
- Believe in India's renewable energy growth story
- Have a medium to long-term investment horizon
- Are comfortable with moderate to high risk appetite