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Encompass Design India (ScaleSauce) SME IPO

Encompass Design India (ScaleSauce) came to market through an SME IPO that opened on 5 December 2025 and closed on 9 December 2025, and the shares listed on 12 December 2025 on NSE SME. The price band was ₹101 to ₹107 per share and one lot was 1200 shares, so the minimum application was ₹1,28,400. The issue size was ₹40.21 crore. The whole issue was fresh shares, so the money raised went to the company.

MUFG Intime India Pvt Ltd was the registrar to the issue, and 3Dimension Capital Services Limited was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹101 to ₹107
Lot size
1200 shares
Minimum investment
₹1,28,400
Face value
₹10 per share
Issue size
₹40.21 crore
Fresh issue
37,58,400 shares (aggregating up to ₹40.21 crore)
Listing at
NSE SME
Registrar
MUFG Intime India Pvt Ltd
Lead managers
3Dimension Capital Services Limited
Promoter holding before the issue
80.19%

Timeline

Opens
5 December 2025
Closes
9 December 2025
Allotment
10 December 2025
Listing
12 December 2025

Subscription status by day

As of 9 December 2025.

Day
1
2
3

About Encompass Design India (ScaleSauce)

Incorporated in March 2010, EDIL or ‘ScaleSauce' is engaged in the business of building and scaling consumer brands across the home, living, and food segments for the modern urban consumer.Encompass Design India Limited (EDIL), under the brand name ‘ScaleSauce’, is a diversified consumer brand company with a focus on the home & living and food segments, catering to the evolved preferences of modern urban Indian consumers.

The main activities of the Company include manufacturing home and lifestyle items like bed sheets, curtains, comforters, table linens, pillow covers, and other related products; and food products, mainly sauces under its brands. Besides manufacturing, the Company trades in agro-based products, cotton, fabrics, and other goods mainly through gated markets that reach niche buyers. Apart from its manufacturing, ScaleSauce offers end-to-end digital and e-commerce solutions that help brands scale their online business.

These services, which include marketing, technology, and operations, cater to both D2C brands and corporate clients.

As described in the offer document.

Objects of the issue

  • Funding capital expenditure requirements of our company towards purchasing office, interior work and refurbishment
  • To Meet Working Capital Requirements of the Company
  • Repayment/ prepayment of certain borrowings availed by our Company
  • General Corporate Purposes

Financials (₹ crore)

Metric30-Sep-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Mr. Amit Rajendraprasad Dalmia, Mrs. Susmita Amit Dalmia, Mr. Ruman Kailash Agarwal, Mr. Yogendra Vashishta. Promoter holding 80.19% before the issue.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,56,800
Individual(max)
2 lots, 2400 shares, ₹2,56,800
sHNI(min)
3 lots, 3600 shares, ₹3,85,200
sHNI(max)
7 lots, 8400 shares, ₹8,98,800
bHNI(min)
8 lots, 9600 shares, ₹10,27,200

Valuation

EPS Pre IPO
₹10.35
EPS Post IPO
₹7.12
P/E Pre IPO
10.33
P/E Post IPO
15.04
ROE
50.26%
ROCE
40.49%
RoNW
33.13%
PAT Margin
19.75%
Debt/Equity
0.44
Market Cap
₹40.21 cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
+91-22-4918 6270
Email
edil.smeipo@in.mpms.mufg.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Encompass Design India (ScaleSauce) SME IPO

What is Encompass Design India (ScaleSauce) IPO?

Encompass Design India (ScaleSauce) IPO was a ₹40.21 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹101–₹107 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,56,800). The IPO was open from December 5 to December 9, 2025 and was subscribed 2.27x. Shares listed on NSE SME on December 12, 2025 at ₹203.30, a 90.0% premium to the issue price of ₹107.

MUFG Intime India Pvt Ltd is the registrar. 3Dimension Capital Services Limited is the book running lead manager.

What is the price band of Encompass Design India (ScaleSauce) IPO?

The price band of Encompass Design India (ScaleSauce) IPO is ₹101 to ₹107 per share.

What is the lot size of Encompass Design India (ScaleSauce) IPO?

The lot size of Encompass Design India (ScaleSauce) IPO is 1200 shares.

What is the minimum investment for Encompass Design India (ScaleSauce) IPO?

The minimum investment for Encompass Design India (ScaleSauce) IPO is approximately ₹2,56,800 based on the upper price band.

What is the allotment date of Encompass Design India (ScaleSauce) IPO?

The allotment date of Encompass Design India (ScaleSauce) IPO is Dec 10, 2025.

How to check Encompass Design India (ScaleSauce) IPO allotment status?

You can check Encompass Design India (ScaleSauce) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Encompass Design India (ScaleSauce) IPO allotment status on Rupix for quick and easy access.

What was the price band of the Encompass Design India (ScaleSauce) SME IPO?

₹101 to ₹107 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Encompass Design India (ScaleSauce) SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,28,400. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Encompass Design India (ScaleSauce) SME IPO?

₹1,28,400, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Encompass Design India (ScaleSauce) SME IPO open and close?

It opened on 5 December 2025 and closed on 9 December 2025.

When was the allotment of the Encompass Design India (ScaleSauce) SME IPO?

The basis of allotment was published on 10 December 2025 by MUFG Intime India Pvt Ltd, and allotted shares were credited to demat accounts before listing.

When did Encompass Design India (ScaleSauce) list on NSE SME?

The shares listed on 12 December 2025 on NSE SME.

How large was the Encompass Design India (ScaleSauce) SME IPO?

The issue size was ₹40.21 crore. The fresh issue was 37,58,400 shares (aggregating up to ₹40.21 crore).