Leapfrog Engineering Services Limited is an integrated engineering services company providing end-to-end EPCC (Engineering, Procurement, Construction & Commissioning) solutions across multiple industries.
The company provides end-to-end EPCC solutions, acting as a single-point contractor for industrial projects. Its services cover design, procurement, construction, and commissioning, allowing clients to outsource the entire project to one reliable partner.
Leapfrog operates across key sectors like Oil & Gas, Food Processing, Pharmaceuticals, and Metals, focusing on delivering projects with strong quality, safety, and efficiency standards.
As of January 10, 2025, the company’s order book stands at ₹27,500.32 lakhs, comprising ₹2,695.56 lakhs from domestic orders and ₹24,804.76 lakhs from export orders.
Key Service Segments:
- Electrical Solutions: Provides end-to-end electrical services, including consultancy, switchgear manufacturing, turnkey EPC execution, operations & maintenance, and system commissioning.
- Instrumentation & Industrial Automation: Provides industrial automation solutions, including PLC/DCS upgrades, robotics-based automation, and instrumentation design & installation.
- Fire Protection & Safety Systems: Provides fire safety solutions, including detection & alarm systems, suppression systems, fire-rated infrastructure, and maintenance with global compliance.
- Building Automation Systems: Provides building automation solutions, including HVAC controls, access & surveillance systems, sensors, and real-time monitoring for energy efficiency and safety.
Operating since 2005, the company focuses on timely project execution through strong project management, a robust supply chain, and in-house technical expertise.
As of December 31, 2024, the company has 79 employees, maintaining a lean team focused on technical expertise and efficient execution.

Leapfrog Engineering Services IPO – Details
| IPO Opening Date | 23 April 2026 |
| IPO Closing Date | 27 April 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 3,84,84,000 Shares Worth ₹[] Crore Fresh Issue: 3,46,08,000 Shares Worth ₹[] Crore Offer For Sale: 38,76,000 Shares Worth ₹[] Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹[] – ₹[] per share |
| Market Lot | [] Shares |
| Min Order | [] Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Integrated Registry Management Services Private Limited |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Leapfrog Engineering Services IPO – Date Schedule
| IPO Open Date | 23 April 2026 |
| IPO Close Date | 27 April 2026 |
| Basis of Allotment | 28 April 2026 |
| Initiation of Refund | 29 April 2026 |
| Credit of Shares to Demat | 29 April 2026 |
| IPO Listing Date | 30 April 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 27, 2026 |
Leapfrog Engineering Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | – | – | ₹ |
| Retail (Max) | – | – | ₹ |
| S-HNI (Min) | – | – | ₹ |
| S-HNI (Max) | – | – | ₹ |
| B-HNI (Min) | – | – | ₹ |
Competitive Strength
- Experienced Promoters backed by a strong management team.
- Strong Order Book.
- Strong global presence.
- Diversified Portfolio across various market segment.
- Established track record of timely execution.
Company Promoters
- Mr. Prabhav Narasimha Rao
- Mrs. Priyashaila Prabhav Rao
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹105.38 Cr | ₹104.76 Cr | ₹0.28 Cr | ₹13.05 Cr |
| 31 March 2024 | ₹162.88 Cr | ₹139.89 Cr | ₹16.39 Cr | ₹13.78 Cr |
| 31 March 2025 | ₹137.37 Cr | ₹115.50 Cr | ₹16.22 Cr | ₹20.11 Cr |
| 31 December 2025 | ₹105.05 Cr | ₹85.65 Cr | ₹14.18 Cr | ₹32.22 Cr |
Key Performance Indicator
| KPI | Values (Dec 31, 2025) |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| PAT Margin | – |
| EBITDA Margin | – |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | – | – |
| P/E (x) | – | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure towards the purchase of additional plant and machinery. | ₹27.00 |
| Working Capital Requirements. | ₹36.05 |
| General corporate purposes. | – |

✅Strengths
- Integrated EPCC model (end-to-end execution).
- Diversified sectors reduce dependency.
- Strong export order book (global presence).
- Execution track record since 2005.
- In-house technical team for efficiency.
⚠️Risks
- Project-based revenue (order dependency).
- Client concentration risk.
- Working capital-intensive business.
- Execution delays/cost overruns risk.
- High competition in the EPC industry.
Leapfrog Engineering Services IPO Promoter Holding
| Pre-Issue Share Holding | 86.99% |
| Post Issue Share Holding | 63.02% |
Leapfrog Engineering Services IPO Prospectus
Company Contact Information
| Leapfrog Engineering Services Ltd. No 496, Chaithanya Dhriti Rudresh, 6th Main, 8th Cross, Vijaya Bank Layout, Bannerghatta Road Bangalore Urban, Karnataka, 560076 Phone: +91 78994 81340 Email: cs@lesgroup.in Website: https://www.lesgroup.in/ |
Leapfrog Engineering Services IPO Registrar
| Integrated Registry Management Services Pvt. Ltd. Phone: 044 – 28140801 to 28140803 Email: smeipo@integratedindia.in Website: https://www.integratedregistry.in/IRMS_V2/IPOlink_v3.aspx |
Leapfrog Engineering Services IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
Leapfrog Engineering Services IPO FAQ

| What is the Leapfrog Engineering Services IPO? Leapfrog Engineering Services IPO is an SME IPO. The issue is priced at ₹[] – ₹[] per equity share. The IPO is to be listed on BSE SME. |
| When will Leapfrog Engineering Services IPO open? The IPO is to open on 23 April 2026 for QIB, NII, and Retail Investors. |
| What is Leapfrog Engineering Services IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Leapfrog Engineering Services IPO Size? Leapfrog Engineering Services IPO size is ₹[] Crore. |
| What are the Leapfrog Engineering Services IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is [] Shares for ₹[], while the maximum bid is [] Shares for ₹[]. |
| What is the Leapfrog Engineering Services IPO Allotment Date? Leapfrog Engineering Services IPO allotment date is 28 April 2026. |
| What is the Leapfrog Engineering Services IPO Listing Date? Leapfrog Engineering Services IPO listing date is 30 April 2026. The IPO is to be listed on the BSE SME. |



