India, Aug. 11 -- Update | August 11, 19:42 IST

Logistics tech company LEAP India's IPO closed today after receiving strong interest. The public issue was oversubscribed 8.38X at the end of the final day, with investors bidding for 96.32 Cr shares against the 11.49 Cr shares on offer.

Qualified institutional buyers (QIBs) showed the highest interest in the IPO, with the portion reserved for them ending day three with a 16.84X oversubscription. These investors placed bids for 55.29 Cr shares against the 3.28 Cr shares reserved for them.

Meanwhile, non institutional investors (NIIs) oversubscribed their quota by 12.64X, placing bids for 31.12 Cr shares against 2.46 Cr shares reserved for them.

Interest from retail investors also steadil...