LEAP India's $260 Million IPO Fully Subscribed on Final Bidding Day

MT Newswires Live

08/12

KKR-backed LEAP India's $260 million initial public offering was subscribed 6.71 times on the final day of bidding on Tuesday, led by non-institutional investors, according to exchange data.

The supply chain firm received bids for 771.5 million shares against nearly 115 million shares on offer, the data showed.

Non-institutional investors subscribed 11.39 times, while qualified institutional buyers subscribed 12.83 times.

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