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Singapore-based sovereign wealth fund GIC subsidiary’s Gamnat Pte Ltd and Promoter Sunu Mathew lead Rs 371.3 crore investment in Leap India in Pre-IPO round

by Suman Gupta 

August 6, 2026 Mumbai – Leap India (formerly known as Leap India Private Limited) (the “Company”), the largest on-demand asset pooling provider in India’s supply chain management sector, has completed its pre-IPO (Initial Public Offering) placement of around ₹ 371.3 crore.

As per a media advertisement was published in the Financial Express (English) on August 6, 2026. The Company, in consultation with the Book Running Lead Managers to the IPO has undertaken a private placement of 23,351, 100 equity shares for cash considerations, at an issue price of ₹ 159 per equity share (including a premium of ₹ 158 per equity share) which saw participation from Singapore-based sovereign wealth fund GIC subsidiary’s Gamnat Pte Ltd, leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd and Promoter Sunu Mathew.

Singapore-based Gamnat Pte Ltd was allocated 17, 610, 000 equity shares of the Company on August 3, 2026 for ₹ 159 per equity share each aggregating to ₹ 279.99 crore.

Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd was allotted 3, 144, 600 equity shares each at ₹ 159 per equity share each aggregating to ₹ 49.99 crore. Matyas Possessiones Private Limited, in which promoter Sunu Mathew holds 99% stake, was allotted 1,446, 500 shares each at ₹ 159 per equity share each aggregating to ₹ 22.99 crore.

Leap India IPO opens on Friday, August 7 and closes on Tuesday, August 11.

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