Comparison between Finbud Financial IPO and Leapfrog Engineering IPO.
Finbud Financial IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Leapfrog Engineering IPO is a SME Bookbuilding proposed to list at BSE SME.
| Finbud Financial IPO | Leapfrog Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | SKI Capital Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Market Maker | SKI Capital Services Ltd. | Anant Securities |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Finbud Financial IPO is up to ₹68.09 Cr whereas the issue size of the Leapfrog Engineering IPO is up to ₹84.08 Cr. The final issue price of Finbud Financial IPO is ₹142.00 per share and of Leapfrog Engineering IPO is ₹23.00 per share.
| Finbud Financial IPO | Leapfrog Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹140.00 per share | ₹21.00 per share |
| Issue Price (Upper) | ₹142.00 per share | ₹23.00 per share |
| Issue Price (Final) | ₹142.00 per share | ₹23.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 6000 shares |
| Fresh Issue Size | 47,95,000 shares | 3,26,82,000 shares |
| Fresh Issue Size (Amount) | up to ₹68.09 Cr | up to ₹75.17 Cr |
| OFS Issue Size | 0 shares | 38,76,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.91 Cr |
| Issue Size Total | 47,95,000 shares | 3,65,58,000 shares |
| Issue Size Total (Amount) | up to ₹68.09 Cr | up to ₹84.08 Cr |
Finbud Financial IPO opens on Nov 06, 2025, while Leapfrog Engineering IPO opens on Jun 17, 2026. The closing date of Finbud Financial IPO and Leapfrog Engineering IPO is Nov 10, 2025, and Jun 19, 2026, respectively.
| Finbud Financial IPO | Leapfrog Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Nov 04, 2025 | |
| Issue Open | Nov 06, 2025 | Jun 17, 2026 |
| Issue Close | Nov 10, 2025 | Jun 19, 2026 |
| Basis Of Allotment (Tentative) | Nov 11, 2025 | Jun 22, 2026 |
| Initiation of Refunds (Tentative) | Nov 12, 2025 | Jun 23, 2026 |
| Credit of Share (Tentative) | Nov 12, 2025 | Jun 23, 2026 |
| Listing date (Tentative) | Nov 13, 2025 | Jun 24, 2026 |
| Anchor Lockin End date 1 | Dec 11, 2025 | |
| Anchor Lockin End date 2 | Feb 09, 2026 |
Finbud Financial IPO P/E ratio is 23.4, as compared to Leapfrog Engineering IPO P/E ratio of 15.19.
| Finbud Financial IPO | Leapfrog Engineering IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 64.92% | 92.59% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.72% | 67.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.4 | 15.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹270.50 Cr. | ₹326.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.61 | 30.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.11 | 32.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.51 | 0.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.07 | ₹1.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.61 | 30.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Finbud Financial IPO Retail Individual Investors (RII) are offered 16,80,000 shares while in Leapfrog Engineering IPO retail investors are offered 16,80,000 shares. Qualified Institutional Buyers (QIB) are offered 9,58,000 shares in Finbud Financial IPO and 3,78,000 shares in Leapfrog Engineering IPO.
| Finbud Financial IPO | Leapfrog Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,37,000 shares | 0 shares |
| Market Maker Reservation | 2,53,000 shares | 19,26,000 shares |
| QIB | 9,58,000 shares | 3,78,000 shares |
| NII | 7,20,000 shares | 1,42,20,000 shares |
| RII | 16,80,000 shares | 2,19,60,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,95,000 shares | 3,65,58,000 shares |
Finbud Financial IPO subscribed 3.10x in total, whereas Leapfrog Engineering IPO subscribed 2.70x.
| Finbud Financial IPO | Leapfrog Engineering IPO | |
|---|---|---|
| QIB (times) | 4.33x | 20.32x |
| NII (times) | 8.38x | 5.10x |
| Big NII (times) | 10.63x | 1.67x |
| Small NII (times) | 3.87x | 11.96x |
| RII (times) | 2.80x | 0.84x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.10x | 2.70x |
