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Leapfrog Engineering Services Opens Rs 88.5 Crore IPO with Rs 21-23 Price Band

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Leapfrog Engineering Services Opens Rs 88.5 Crore IPO with Rs 21-23 Price Band

Analysed 17 Jun 2026·2 sources analysed·Business
Leapfrog Engineering Services Opens Rs 88.5 Crore IPO with Rs 21-23 Price BandPreviousNext

Leapfrog Engineering Services launched its IPO from June 17 to 19, offering 3.85 crore shares at a price band of Rs 21-23 per share. The issue includes a fresh issue of 3.46 crore shares and an offer for sale of 38.76 lakh shares, totaling Rs 88.5 crore. Retail investors have a 60.07% allocation, with a minimum investment of Rs 2.76 lakh at the upper price band. The company, established in 2005, provides integrated EPCC solutions across sectors like oil and gas, pharmaceuticals, and metals, reporting Rs 137.37 crore revenue and Rs 16.22 crore profit after tax in FY25. The IPO is expected to list on the BSE SME platform on June 24.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is neutral (65/100). Lens Score 35/100 — moderate-to-low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • mint— balanced framing, neutral sentiment
  • economictimes— balanced framing, neutral sentiment
Political Bias
0%100%0%
Sentiment
65%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 17 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 0%● Center 100%● Right 0%

The articles present a straightforward financial and business perspective on Leapfrog Engineering Services' IPO without political framing. Coverage focuses on company details, IPO structure, and financial performance, reflecting a neutral business reporting approach. There is no evident political bias or partisan viewpoint in the sources.

Sentiment — Neutral (65/100)

The tone across the articles is neutral to mildly positive, emphasizing factual IPO details and company financials. The absence of grey market premium suggests tempered market enthusiasm, but the coverage remains informative without speculative or overly optimistic language.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
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SourceTheir headlineBiasSentiment
mintLeapfrog Engineering Services IPO Day 1: Issue booked 9 so far. Check GMP, key details to know Stock Market NewsCenterNeutral
economictimesLeapfrog Engineering Services IPO: Check GMP, price band, subscription and other detailsCenterNeutral

Coverage timeline

economictimes broke this story on 17 Jun, 02:29 am. Other outlets followed.

  1. 1
    economictimes17 Jun, 02:29 am
    Leapfrog Engineering Services IPO: Check GMP, price band, subscription and other details
  2. 2
    mint17 Jun, 06:40 am
    Leapfrog Engineering Services IPO Day 1: Issue booked 9 so far. Check GMP, key details to know Stock Market News

Lens Score breakdown

35/100
Public interest0/100
Coverage gap100%

Story is receiving appropriate media attention relative to public interest.

Who's involved

Institutions and figures named across source coverage.

Corporate
Anant SecuritiesFinshore Management ServicesLeapfrog Engineering ServicesIntegrated Registry Management Services

Story context

Category
Business
Sources analysed
2
Last analysed
17 Jun 2026
Key entities
Initial public offeringLakhCroreIndian rupeeMedicationMarket makerFood processingAutomationWorking capitalFossil fuelInvestorGood manufacturing practice