BusinessCORPORATE / BUSINESSSTOCK MARKETS/IPO

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.

Related posts

Axita Cotton Ltd.has Received whopping order worth USD 3.28M from Bangladesh

Power Finance Corporation Limited (PFC) Announces Q4FY’24 And 12M FY’24 Annual Financial Results For The Period Ended 31st March 2024 Net profit Rises 23% To Rs 7,556 cr

Biz2Credit to invest USD100 million in India over next 5 years

mumbainewsexpress

Leave a Comment

+ 19 = 23