ScoutQuest27 Oct 2026
LEAP India544865Credit rating upgrade

Ind-Ra upgrades TARON's INR 2,000 million bank loan facilities to IND A+/Stable/IND A1+ from IND A/Stable/IND A1

By ScoutQuest · · 1 min read

35.11%KKR shareholding in LEAP as of August
KKR shareholding in LEAP as of August: 35.11%.
Rating Action
upgraded to IND A+/Stable/IND A1+ from IND A/Stable/IND A1
Facility Amount
INR 2,000 million
Ownership
100% subsidiary
Agency
India Ratings and Research
Action
Upgraded

Ind-Ra upgrades TARON's INR 2,000 million bank loan facilities to IND A+/Stable/IND A1+ from IND A/Stable/IND A1.

IND A+Upgraded · India Ratings and Research
PreviouslyIND ANowIND A+
Upgraded by India Ratings and Research · IND A to IND A+ · outlook Stable.
Rating history — earlier rating IND A-/Stable/IND A2+
Rating history — prior rating IND A/Stable/IND A1
Ind-Ra press release date
Rating history — earlier rating 26 May 2025 · Rating history — prior rating 27 May 2026 · Ind-Ra press release date 26 Oct 2026
More numbers
  • Rated limits / size of issue, bank loan facilities2,000 (INR million)
  • Inter-corporate deposits extended by LEAP to TARONINR1,350 million
  • Consolidated revenue from operations, FY26INR7,320.6 million
  • Consolidated EBITDA margin, FY2649.7%
  • Primary capital raised via IPOINR4,800 million
  • TARON standalone revenue, FY26INR1,166.0 million
  • TARON strong order bookINR1,500 million
  • Top 10 customers' contribution to revenue, FY2655%
  • KKR shareholding in LEAP as of August 202635.11%
Source: BSE · 27 Oct 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev