Leap India vs Technocraft Ventures IPO GMP: Technocraft Signals 14% Listing Gain, Leap India 6%

Leap India’s IPO closes today, August 11, 2026, with a grey market premium of ₹10. That signals an estimated 6.3% listing gain over its ₹159 upper price band. Technocraft Ventures, closing the same day, shows a stronger ₹30 GMP, implying 14.15% gains. Both mainboard IPOs list on NSE and BSE on August 14, 2026.

Leap India IPO GMP Today: 6% Listing Gain Signal

Leap India’s GMP stood at ₹10 as of 12:17 PM IST on August 11, pointing toward a ₹169 listing price. This ₹2,480 crore IPO combines a ₹480 crore fresh issue with a ₹2,000 crore offer for sale.

• Price band: ₹151 to ₹159 per share
• Lot size: 94 shares, minimum investment ₹14,946
• Anchor investors raised ₹743.62 crore on August 6

Leap India provides asset pooling and supply chain solutions, including pallet and container pooling services. KKR acquired a majority stake in 2023, backing this Mumbai-based logistics infrastructure company’s expansion plans.

#MarketsWithBS | Leap India vs Technocraft IPO: Which issue should investors subscribe?

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— Business Standard (@bsindia) August 10, 2026

Technocraft Ventures IPO GMP: Stronger 14% Premium

Technocraft Ventures showed a ₹30 GMP on the final bidding day, pointing toward a ₹242 listing price. That implies roughly 14.15% gains over the ₹212 upper price band for this infrastructure issuer.

• Issue size: ₹251.88 crore, including ₹201.51 crore fresh issue
• Lot size: 70 shares, minimum investment ₹14,840
• Anand Rathi Ventures assigned a Subscribe rating on the issue

Technocraft Ventures executes turnkey EPC projects, including water treatment and road infrastructure, across Uttar Pradesh and Rajasthan.

Subscription Numbers Tell Different Stories

Technocraft Ventures was subscribed 7.13 times overall by 10:49 AM on Day 3, led by NII bids at 11.35 times. Leap India’s subscription stood closer to 1.02 times overall, despite starting strong with 28% Day 1 demand.

Business and Valuation Comparison

Leap India reported FY26 revenue of ₹747.36 crore, up 54% year-over-year, with profit rising 66% to ₹62.34 crore. The company serves over 1,000 customers, including Coca-Cola and Marico, at a P/E of 111.97.

• Leap India market cap: ₹7,004.53 crore
• Technocraft Ventures market cap: ₹839.65 crore
• Technocraft Ventures trades at a lower P/E of 19.38

Listed logistics peers like Container Corporation of India offer comparison points for Leap India’s asset-pooling model. Technocraft Ventures competes against EPC players like NCC and PNC Infratech in government infrastructure contracts.

Investor Verdict

Technocraft Ventures currently shows stronger grey market enthusiasm, backed by robust subscription across all investor categories. Leap India’s premium brand partnerships and KKR backing offer long-term appeal despite a steeper valuation multiple. GMP figures remain unofficial and can shift before Thursday’s listing, so investors should track final subscription data closely. Both companies list August 14, giving a clear near-term test of these grey market signals.

Disclaimer:

The content shared by Meyka AI PTY LTD is for research and informational purposes only. Meyka is not a financial advisory service, and the information provided should not be treated as investment or trading advice.