GIC subsidiary’s Gamnat Pte Ltd and Promoter Sunu Mathew lead Rs 371.3 crore investment in Leap India in Pre-IPO round

 Leap India (formerly known as Leap India Private Limited), the largest on-demand asset pooling provider in India’s supply chain management sector, has completed its pre-IPO (Initial Public Offering) placement of around ₹ 371.3 crore.  As per a media advertisement was published in the Financial Express (English) on August 6, 2026. The Company, in consultation with the Book Running Lead Managers to the IPO has undertaken a private placement of 23,351, 100 equity shares for cash considerations, at an issue price of Rs 159 per equity share (including a premium of Rs 158 per equity share) which saw participation from Singapore-based sovereign wealth fund GIC subsidiary’s Gamnat Pte Ltd, leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd and Promoter Sunu Mathew.

Singapore-based Gamnat Pte Ltd was allocated 17, 610, 000 equity shares of the Company on August 3, 2026 for Rs 159 per equity share each aggregating to Rs 279.99 crore.

Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd was allotted 3, 144, 600 equity shares each at Rs 159 per equity share each aggregating to Rs 49.99 crore. Matyas Possessiones Private Limited,  in which promoter Sunu Mathew holds 99% stake, was allotted 1,446, 500 shares each at Rs 159 per equity share each aggregating to Rs 22.99 crore.

Leap India IPO opens on Friday, August 7 and closes on Tuesday, August 11.

Incorporated in 2013, the company utilises its ‘share and reuse’ business model, referred to as pooling, and it 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. As of March 31, 2026, the company has 14.70 million assets and it maintains a pan-India network of 10,100 customer touchpoints.

This circular business model of the company supports its customers while reducing environmental impact and enhancing the time and cost efficiency and safety of supply chains for its customers across India.

The company’s service offerings encompass technology-enabled supply chain solutions that suit customer requirements across industries. The company’s solutions help customers to connect different stages of their own value chain, from the point of manufacturing to distribution of goods all the way to the point of sale (retail).