GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round

August 6, 2026

KKR-backed LEAP India raised Rs 371.3 crore through a pre-IPO placement, selling 2.34 crore shares at Rs 159 apiece. The round saw participation from GIC subsidiary Gamnat Pte Ltd, Dymon Asia and promoter-linked Matyas Possessiones. Gamnat received shares worth Rs 280 crore.

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Rs 4,169 crore IPO rush this week: 19 issues to open for subscription; NSE to lead 12 listings

India’s primary market is set for a busy week, with 19 IPOs aiming to raise around Rs 4,169 crore, led by Elevate Campuses and Varmora

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