LEAP India shares opened at ₹140.9 after UBS announced a "buy" rating with a ₹175 price target, marking a 25% upside from today’s level. NewPARA The brokerage noted that the target is built on a projected revenue CAGR of 19% and an EBITDA margin rise from 49.5% to 53.8% over the next five years, signalling confidence in the company’s logistics‑asset model. NewPARA LEAP’s IPO, priced at ₹159 per share, closed 11.4% below the issue price and 15% below the listing price of ₹165.9. The fresh issue raised ₹480 crore, while an offer‑for‑sale of ₹2,000 crore saw KKR‑backed Vertical Holdings II sell nearly ₹1,999 crore of equity. NewPARA Founder and MD Sunu Mathew told CNBC‑TV18 that the firm expects profit‑after‑tax growth to remain above 50%, aided by lower interest costs as IPO proceeds repay debt. NewPARA UBS highlighted the company’s nationwide pooled‑logistics network as a driver of modernisation, citing low palletisation and rising demand for supply‑chain efficiency. NewPARA Investors will watch how the 19% revenue CAGR and 21% EBITA CAGR translate into free‑cash‑flow growth, while the 53.8% EBITDA target offers a benchmark against sector peers.