Encompass Design India IPO opens December 5: Key details
Encompass Design India is launching its IPO from December 5 to 9, aiming to raise ₹40.21 crore.
Shares are priced at ₹101-107 each, and the minimum investment is one lot of 1,200 shares (₹1,28,400).
Allotment wraps up on December 10, with shares set to list on NSE SME by December 12.
What does the company do?
Known for its ScaleSauce brand, Encompass Design India builds consumer brands in home and living and food—think bed sheets, curtains, comforters, sauces, and agro products.
They also help other businesses grow online with services like branding and logistics for D2C clients.
Other details
Retail investors can apply for up to 2,400 shares per application, which is the maximum permitted for retail and represents about a third of the total allocation, while anchor investors get around 28%.
The company saw solid growth for FY24-25: revenue hit ₹55 crore and profit rose by over half.
Funds raised will go toward office upgrades, working capital, and paying off loans.