Thursday, June 20, 2024

Leap India targets up to ₹500 cr deals




Leap India targets up to ₹500 cr deals | Mint

₹300-500 crore in acquisitions over the next three years and is preparing for an initial public offering (IPO) to raise nearly 1,000 crore. The company provides end-to-end supply chain assistance,with 25 warehouses and 22 manufacturing units,and counts Amul,Amazon Pepsi,Exide,Mahindra and Mahindra,and Ashok Leyland among its clients. Leap India’s founder and managing director,Sunu Mathew,expects the company to grow at 20-30% on a year-to-year basis,with most of the growth coming from the pallet pooling or renting business. The company had an EBITDA of 113.5 crore,net sales of 211.34 crore,and a net profit of 26.88 crore in FY22.”/>
₹300-500 crore in acquisitions over the next three years and is preparing for an initial public offering (IPO) to raise nearly 1,000 crore. The company provides end-to-end supply chain assistance,with 25 warehouses and 22 manufacturing units,and counts Amul,Amazon Pepsi,Exide,Mahindra and Mahindra,and Ashok Leyland among its clients. Leap India’s founder and managing director,Sunu Mathew,expects the company to grow at 20-30% on a year-to-year basis,with most of the growth coming from the pallet pooling or renting business. The company had an EBITDA of 113.5 crore,net sales of 211.34 crore,and a net profit of 26.88 crore in FY22.”/>






















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