Leapfrog Engineering Services IPO

Incorporated in May 2005, Leapfrog Engineering Services works in the EPCC (Engineering, Procurement, Construction and Commissioning) space with a specialised focus on electrical, instrumentation, fire safety, modular substation, and automation systems, serving industries such as Oil and Gas, food processing, pharma, metals, chemicals, fertilisers, and infrastructure. Leapfrog manages a wide range of services designed to meet the various needs of its clients.

The company offers services, including Electrical solutions, instrumentation & industrial automation, fire protection & safety system, building automation system, modular substation solutions, and enterprise solutions. The company has also planned to establish an assembly unit at Akshya Nagar, Bengaluru, at an estimated cost of ₹27.1 crore. It has a diversified client base to whom it is delivering tailored solutions across numerous sectors. Its work extends across multiple states within India and reaches internationally, serving clients in many countries around the globe.

Oil & Gas revenue was highest (~66%) in 9MFY26, supported by infrastructure (~18%) and metals & minerals (~12%). The top 10 customers contributed 91% of revenue in 9MFY26. Domestic sales were ~34%, and exports were ~66% in 9MFY26. Its 100% revenue was made up by private entities in 9MFY26. Karnataka was the highest (~27%) contributor in revenue in 9MFY26. Revenue from Kuwait was ~38% and ~28% from the UAE. Domestic purchase was ~68% and imports ~32% in 9MFY26.