LEAP India IPO

Industry with multi-decadal and rapid growth story.

Largest on-demand supply chain asset pooling company, in an industry with high barriers to entry.

Trusted supply chain partner equipped to meet evolving customer needs with a focus on quality and sustainability.

Highly resilient business model with a blue-chip customer base across high growth sectors.

Efficient asset management capabilities led by technology and a focus on customer service leading to supply chain efficiency.

Strong performance reflecting rapid growth and an attractive financial profile.

Founder-led company supported by an experienced professional management team and reputed investors

Our business has grown rapidly in recent years, and we may not be able to sustain our rate of growth andprofitability in the future.

A majority of our revenue from operations is derived from our pallets (our pallets contributed to 62.17%, 67.90%and 72.23% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively). Any adverse impact onour pallet pooling business would adversely affect our business, results of operations and profitability.

We are dependent on our suppliers and service providers (our top ten suppliers and service providers contributed63.27%, 60.00% and 77.00% of our total purchases in Fiscals 2026, 2025 and 2024, respectively) in relation to ouroperations. Any loss of suppliers or interruptions in the timely delivery of supplies and services could have anadverse impact on our business, financial condition, cash flows and results of operations.

Our success depends in large part upon our Key Managerial Personnel (KMPs), Senior Management and certainother employees and our inability to attract, train and retain such persons could adversely affect our business,financial condition, cash flows and results of operations.

Pooling asset loss and inadequate controls and processes on the pooling equipment may result in additionalexpenses and could negatively affect our financial performance.

We typically enter into long-term, recurring contracts with customers and if our customers do not renew theiragreements with us, or expand the scope of services, we provide to them, our business, financial condition, resultsof operations and cash flows could be adversely impacted. In particular, if our relationships with our top customersare impaired or terminated, our business, financial condition, results of operations and cash flows could beadversely impacted.

We are reliant on our technology infrastructure in our business operations, and any disruption or failure of ourtechnology infrastructure could materially affect our growth prospects, reputation, business, results of operations,financial condition and cash flows.

We are exposed to counterparty credit risk. Our inability to collect receivables on time or at all and defaults inpayment from our customers could reduce our profits and affect our cash flows.

We are subject to volatility in the supply and pricing of raw materials such as timber and plastic which are used inthe manufacture of our Assets as well as the supply and pricing of Assets, which we purchase from third parties.

A total of 19,889,503 Equity Shares held by Sunu Mathew, one of our Promoters, and Matyas Possessiones Private Limited(Matyas), a member of our Promoter Group, amounting in aggregate to 4.83% of the pre-Offer equity share capital of ourCompany on a fully diluted basis, had been pledged in favour of Catalyst Trusteeship Limited in relation to the unlisted nonconvertibledebentures bearing face value of ?1,000,000 each, issued by Matyas. Upon re-creation of such pledge to the extentpermitted under SEBI ICDR Regulations, any invocation of such pledge could dilute the shareholding of such persons in ourCompany, which may adversely affect our business and financial condition.