BSE Limited has issued a notice (No. 20260422-38) informing market participants that the SME IPO of Leapfrog Engineering Services Limited has been postponed. The IPO was originally scheduled to open on April 23, 2026 (Thursday) and close on April 27, 2026 (Monday). The postponement was communicated by the company and its merchant banker via email dated April 22, 2026.

Key Points

• The SME IPO of Leapfrog Engineering Services Limited has been postponed with immediate effect.
• The original IPO opening date was April 23, 2026 and the closing date was April 27, 2026.
• The postponement decision was communicated by both the company and the merchant banker to BSE via email on April 22, 2026.
• No new dates for the IPO have been announced at this time.
• The notice was issued by Hardik Bhuta, Assistant Vice President, BSE Limited.

Regulatory Changes

No regulatory changes are introduced by this circular. It is an operational notice informing market participants of a company-initiated decision to postpone its IPO.

Compliance Requirements

• Market participants, brokers, and investors who had placed or planned to place bids for the Leapfrog Engineering Services Limited SME IPO should note the postponement.
• No subscriptions will be accepted for the originally scheduled IPO period (April 23–27, 2026).

Important Dates

• Original IPO Opening Date: April 23, 2026 (now postponed)
• Original IPO Closing Date: April 27, 2026 (now postponed)
• Postponement Notice Date: April 22, 2026
• New IPO Dates: Not yet announced

Impact Assessment

The postponement of Leapfrog Engineering Services Limited’s SME IPO has a high immediate impact on retail and institutional investors who had planned to subscribe. The last-minute nature of the postponement — notified just one day before the scheduled opening — may cause disruption for investors who had already made financial arrangements. Market participants in the SME segment should monitor for a revised IPO schedule announcement from the company and its merchant banker.