India, Sept. 6 -- Supply chain solutions provider LEAP India filed its draft red herring prospectus (DRHP) with SEBI last week to raise INR 400 Cr through a fresh issue of shares. The initial public offering (IPO) will also include an offer for sale (OFS) of up to INR 2,000 Cr, taking the total issue size to INR 2,400 Cr.

Through the OFS, promoter KKR-owned Vertical Holdings II will sell shares worth up to INR 1,998.6 Cr, while promoter group entity KIA EBT Scheme 3 will offload shares worth around INR 1.38 Cr.

The 469-page DRHP also provides insights into LEAP India's ownership patterns and key leaders. At the time of filing, the promoters and promoter group together held 95.7% stake in the company. Vertical Holdings II Pte. Ltd. led w...