{"id":393619,"date":"2026-08-18T16:30:04","date_gmt":"2026-08-18T11:00:04","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=393619"},"modified":"2026-08-18T16:17:21","modified_gmt":"2026-08-18T10:47:21","slug":"shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/","title":{"rendered":"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR’s First IPO in India as Promoter"},"content":{"rendered":"
\n

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to the Book Running Lead Managers—JM Financial Limited, Avendus Capital Private Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and UBS Securities India Private Limited—as to Indian law, in connection with the initial public offering (IPO) of LEAP India Limited, a leading on-demand asset pooling provider in India’s supply chain management sector.<\/p>\n

The IPO also marks KKR’s first IPO in India as a promoter.<\/p>\n

The IPO was subscribed 8.38 times overall, with the qualified institutional buyers’ portion subscribed 16.84 times, the non-institutional investors’ portion 12.64 times and the retail individual investors’ portion 1.71 times.<\/p>\n

LEAP India is the largest on-demand asset pooling provider in India’s supply chain management sector, based on the number of pooled assets, according to the F&S Report.<\/p>\n

The SAM team was led by Sayantan Dutta, Partner, and comprised Romit Raja Srivastava, Principal Associate; Pavitra Dubey, Associate; and Anoop Mukundan, Associate.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

LEAP India is the largest on-demand asset pooling provider in India’s supply chain management sector, based on the number of pooled assets, according to the F&S Report.<\/p>\n","protected":false},"author":67011,"featured_media":393620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45282,2],"tags":[76807,40943,31359,108681,59209,112555,112552,112553,55401,61252,112556,2741,46701,112554],"class_list":["post-393619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-book-running-lead-managers","tag-capital-markets","tag-corporate-law","tag-india-ipo","tag-initial-public-offering","tag-ipo-2026","tag-leap-india","tag-leap-india-ipo","tag-legal-advisors","tag-sam","tag-sam-advises-leap-india","tag-Securities_Law","tag-shardul-amarchand-mangaldas","tag-usd-260-million-ipo"],"yoast_head":"\nSAM Advises on USD 260M LEAP India IPO | SCC Times<\/title>\n<meta name=\"description\" content=\"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR\u2019s First IPO in India as Promoter\" \/>\n<meta property=\"og:description\" content=\"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-18T11:00:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"headline\":\"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR’s First IPO in India as Promoter\",\"datePublished\":\"2026-08-18T11:00:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/\"},\"wordCount\":185,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/LEAP-India-USD-260-million-IPO.webp\",\"keywords\":[\"Book Running Lead Managers\",\"Capital Markets\",\"Corporate Law\",\"India IPO\",\"Initial Public Offering\",\"IPO 2026\",\"LEAP India\",\"LEAP India IPO\",\"legal advisors\",\"SAM\",\"SAM advises LEAP India\",\"Securities Law\",\"Shardul Amarchand Mangaldas\",\"USD 260 million IPO\"],\"articleSection\":[\"Law Firms News\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/\",\"name\":\"SAM Advises on USD 260M LEAP India IPO | SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/LEAP-India-USD-260-million-IPO.webp\",\"datePublished\":\"2026-08-18T11:00:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/LEAP-India-USD-260-million-IPO.webp\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/LEAP-India-USD-260-million-IPO.webp\",\"width\":886,\"height\":590,\"caption\":\"LEAP India USD 260 million IPO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2026\\\/08\\\/18\\\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR’s First IPO in India as Promoter\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/editor_4\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SAM Advises on USD 260M LEAP India IPO | SCC Times","description":"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/","og_locale":"en_US","og_type":"article","og_title":"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR\u2019s First IPO in India as Promoter","og_description":"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2026-08-18T11:00:04+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/"},"author":{"name":"Editor","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"headline":"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR’s First IPO in India as Promoter","datePublished":"2026-08-18T11:00:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/"},"wordCount":185,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.webp","keywords":["Book Running Lead Managers","Capital Markets","Corporate Law","India IPO","Initial Public Offering","IPO 2026","LEAP India","LEAP India IPO","legal advisors","SAM","SAM advises LEAP India","Securities Law","Shardul Amarchand Mangaldas","USD 260 million IPO"],"articleSection":["Law Firms News","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/","url":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/","name":"SAM Advises on USD 260M LEAP India IPO | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.webp","datePublished":"2026-08-18T11:00:04+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"Shardul Amarchand Mangaldas advises the Book Running Lead Managers on LEAP India's USD 260 million IPO, marking a significant capital markets transaction.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.webp","width":886,"height":590,"caption":"LEAP India USD 260 million IPO"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2026\/08\/18\/shardul-amarchand-mangaldas-leap-india-usd-260-million-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Shardul Amarchand Mangaldas & Co. advises Book Running Lead Managers on USD260 million IPO of LEAP India, KKR’s First IPO in India as Promoter"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/08\/LEAP-India-USD-260-million-IPO.webp","_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/393619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=393619"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/393619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/393620"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=393619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=393619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=393619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}