GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round
KKR-backed supply chain solutions provider LEAP India Ltd. completed its Rs 371.3 crore pre-IPO placement on Thursday. In consultation with the IPO’s book-running lead managers, the company privately placed 23,351,100 equity shares at an issue price of Rs 159 per share, including a premium of Rs 158.The pre-IPO placement round saw participation from Matyas Possessiones, in which the company’s promoter Sunu Mathews holds 99% stake, as well as Singapore-based wealth fund GIC’s subsidiary Gamnat Pte Ltd. Leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) also participated in the