LEAP IPO Day 2 Live: Total subscribed 0.48x so far

The LEAP IPO entered its second day of subscription today, registering a cumulative subscription of 0.48x so far. While the Qualified Institutional Buyers (QIB) category has shown moderate interest at 0.61x, the Retail and Non-Institutional Buyers (NII) categories remain under-subscribed, indicating cautious investor sentiment in the early stages of the issue.

Subscription Status

As of the end of Day 2, the subscription numbers across categories are as follows:

Category	Day 2 Subscription
Qualified Institutional Buyers (QIB)	0.61 x
Non-Institutional Buyers (bHNI)	0.4 x
Non-Institutional Buyers (sHNI)	0.66 x
Retail	0.4 x
Employees	2.91 x
Total Subscribed	0.48 x

About the Company

LEAP is offering shares to the public through an initial public offering. The company operates within a sector that has attracted investor attention, though specific business details are to be verified from the final prospectus. The IPO aims to raise capital for various corporate purposes as outlined in the offer documents.

Key Dates

Investors looking to participate in the LEAP IPO should note the following details regarding the bidding process:

Floor Price: ₹151.00000
Ceiling Price: ₹159.00000
Min Bid Qty: 94
Min IPO Size: 14194
Max IPO Size: 500000

The issue remains open for bidding until the close date, after which allotment and listing processes will commence.

LEAP IPO opened for subscription today, marking the beginning of its public offering journey. On Day 1, the issue has been subscribed 0.26 times overall. While the Qualified Institutional Buyers (QIB) category shows a subscription of 0.61x, the Retail category remains modest at 0.12x.

Subscription Status

The IPO sees varied interest across investor categories on its first day. QIBs are the primary drivers of initial demand, whereas retail participation is still in early stages.

Category	Subscription Multiple
Qualified Institutional Buyers (QIB)	0.61 x
Non-Institutional Buyers (bHNI)	0.08 x
Non-Institutional Buyers (sHNI)	0.15 x
Employees	1.07 x
Retail	0.12 x
Total Subscribed	0.26 x

About the Company

LEAP is entering the public market with an issue size ranging from ₹14194 crore to ₹500000 crore. The company aims to raise capital through this initial public offering to support its business operations and growth strategies. Investors are advised to review the detailed prospectus for comprehensive information on the company's business model and financial health.