Leapfrog Engineering Services IPO

Incorporated in May 2005, Leapfrog Engineering Services is an integrated company involved in providing services such as engineering, procurement, construction, and commissioning (EPCC). The company has six vertical EPCC domains through which it offers various integrated services. Some of them include electrical system solutions, industrial automation solutions, fire safety solutions, and building automation solutions. Besides that, it is also known for providing its services in enterprise solutions and modular substations (E-house). These services have helped it to be involved in many projects in several industries such as oil & gas, food processing, pharmaceuticals, metals, chemicals & fertilisers, and infrastructure. With over two decades of experience, the company has gained great expertise in undertaking big projects, including refineries, petrochemical plants, pharma units, and gas sweetening plants.

Currently, the company maintains a total order book worth ₹400.27 crore, which includes domestic orders worth ₹26.56 crore and export orders worth ₹373.71 crore. After January 1, 2026, the company received new orders of ₹20.28 crore, resulting in an updated total order book worth ₹420.55 crore.

Leapfrog Engineering Services serves a diversified client base across sectors, in which Oil & Gas contributes 65.77% in 9MFY25, followed by Metals & Minerals at 11.69%. The company remains export-heavy, with 66.38% of revenue from exports in FY25 and 65.77% in 9MFY26, while domestic business contribution is gradually increasing. In terms of geography, the contribution from Karnataka was 26.85%, while the contribution from Kuwait and the UAE was 38.06% and 27.71%, respectively, in 9MFY26. The contribution from Bahrain in FY25 was 52.01%.