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LEAPIND — LEAP India News Story

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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)

((VivekKumar.M@thomsonreuters.com;))

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