India, Aug. 14 -- Shares of LEAP India made their stock market debut on the BSE and NSE today, listing at a premium of about 4.4% to the issue price of Rs.159. The stock got listed at Rs.166 on the BSE and Rs.155.90 on the NSE.

The company's market capitalisation stood at Rs.7,011.1 Cr (about $735 Mn).

At 10:05 IST, the stock was trading down over 4% from the listing price at Rs.157.5 on the BSE.

LEAP India had set a price band of Rs.151 to Rs.159 for the issue, seeking a valuation of Rs.7,004.5 Cr (about $735 Mn).

The logistics tech company's public issue comprised a fresh issue of shares worth up to Rs.480 Cr and an offer for sale of up to Rs.2,000 Cr. Around Rs.360 Cr from the fresh issue will be used to repay or prepay certain bor...