LEAP India jumps 13.6% in two days, tops IPO price
BUZZ-LEAP India jumps 13.6% in two days, tops IPO price ** LEAP India LEAN.NS rises as much as 5.9% to 164.7 rupees
** Supply chain logistics firm's shares jump 13.6% in two days, surpassing IPO price of 159 rupees
** KKR-backed firm made a listing debut on Friday
** Government of Singapore bought 2.2 million shares in LEAN via a bulk deal on Monday at a weighted average price of 155.28 rupees
** Analysts had said IPO valuation appeared demanding, triggering a lukewarm response to the public issue from retail investors
** Stock now up 3.6% from IPO price
(Reporting by Vivek Kumar M)
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LEAP India jumps 13.6% in two days, tops IPO price