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Encompass Design India IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

About Encompass Design India Limited

Electronica Digital India Limited (EDIL) is a Pune-based manufacturer of electronic weighing scales, inverters, UPS systems, solar charge controllers, and energy-efficient power products. The company earns revenue through manufacturing, OEM supply, and sales of weighing and power electronics used in industrial, commercial, and household applications. Its product range supports automation, power backup, load measurement, and energy management across multiple sectors in India.

Key Clients + Manufacturing Facilities
The company does not disclose specific client names in the RHP but serves diverse industries such as retail, logistics, manufacturing, laboratories, and households. EDIL operates manufacturing facilities at Shivane (Unit I) and Nanded Phata, Pune (Unit II) equipped for PCB assembly, weighing scale production, power electronic assembly, testing, and calibration. These units host automated SMT lines, quality labs, and in-house R&D capabilities for continuous product development.

Product Portfolio + Product Life Cycle + Order Book
EDIL’s offerings include electronic weighing scales, smart weighing systems, solar charge controllers, inverters, UPS units, servo stabilizers, and custom power solutions. These products support clients across early-stage installation to long-term operations, helping extend their operational life cycles. The company does not maintain a formal order book as per the RHP and operates primarily on a demand-based production and supply model, ensuring faster execution and flexible manufacturing.

Merger, Capex & Expansion Plans
The company has undertaken internal expansion over the years and continues to invest in modernizing equipment, adding SMT lines, enhancing automation, and expanding product capacity. The RHP outlines planned utilisation of IPO proceeds for capital expenditure, machinery, infrastructure upgrades, and working capital enhancement to strengthen scalability. EDIL aims to execute these expansion plans through structured deployment of public issue funds without referring to any acquisitions or mergers in progress.

Employees & Banker
As of September 30, 2025, the company had 89 employees. The Banker to the Company is Union Bank of India, and Bank of Maharashtra.

MANAGEMENT & VISIONBank of Maharashtra

The management team includes experienced promoters and professionals with deep industry understanding and technical expertise. Their growth vision focuses on expanding product lines in the power electronics and weighing automation categories while strengthening R&D and domestic penetration. Near-term objectives include capacity enhancement, modernization, and improving efficiency through technology upgrades. Long-term plans target wider market coverage, improved backward integration, and strengthening OEM relationships. Funding for expansion and capex will be managed through IPO proceeds, internal accruals, and optimized working capital cycles,

INDUSTRY OVERVIEW

EDIL operates within the Indian weighing equipment and power electronics industry. India’s weighing equipment market is supported by retail expansion, industrial automation, logistics growth, and stronger regulatory compliance. Power electronics in India continues to expand due to demand for energy-efficient systems, solar adoption, UPS/inverter needs, and digital infrastructure. The global power electronics market is significantly larger and driven by renewable energy, automation, and electronic mobility. Industry growth is supported by higher digitization, calibrated measurement requirements, and rising power management needs. India’s market is expected to grow steadily in both numerical and percentage terms as demand increases across sectors.

RISK FACTORS

  1. High Dependence on Material Suppliers
    The company relies on multiple suppliers for critical electronic components. Any disruption, price volatility, or quality issues can impact production timelines, margins, and product reliability, affecting the company’s performance and order fulfilment capacity.
  2. Competition in the Weighing & Power Electronics Market
    EDIL operates in segments with numerous established players. Intense competition in pricing, distribution reach, and technology features may limit growth, reduce margins, or impact market share depending on customer preferences and product innovations.
  3. Exposure to Technology Changes
    The weighing and power electronics industry is technology-driven. If EDIL fails to upgrade product features, adopt new technologies, or maintain R&D momentum, it risks losing competitiveness in fast-evolving market segments.
  4. Working Capital Intensive Operations
    The business requires substantial working capital for inventory, component procurement, production cycles, and receivables. Any strain in working capital availability may affect liquidity and the ability to operate at optimal production capacity.
  5. Manufacturing Concentration Risk
    EDIL primarily operates through facilities located in Pune. Any operational disruption, natural calamity, regulatory issues, or equipment failure at these units could significantly affect output and business continuity.
  6. Dependence on Skilled Workforce
    Manufacturing of precision electronics requires trained technical staff. Shortage of skilled manpower, attrition, or wage pressure may impact production quality, efficiency, and R&D progress.
  7. Regulatory & Quality Compliance Risks
    Weighing and power equipment require strict adherence to technical standards and certifications. Any non-compliance or lapses in testing, calibration, or safety norms may lead to penalties, product recalls, or reputation loss.

KEY STRENGTHS, MOAT & OPPORTUNITIES

  1. Diverse Product Portfolio
    The company manufactures weighing scales, inverters, UPS, solar controllers, and power solutions, enabling cross-segment presence and reduced reliance on a single product line. This diversification supports stability and growth across multiple industries.
  2. Strong In-House Manufacturing & R&D
    In-house SMT lines, testing labs, and R&D capabilities allow EDIL to maintain quality control, innovate products, and respond quickly to customer requirements, creating a competitive advantage in efficiency and product customization.
  3. Growing Demand in Power Electronics
    Increasing power backup needs, solar system adoption, and energy management requirements present strong growth opportunities. EDIL is well-positioned to capture rising demand through expanded production and upgraded technology platforms.
  4. Experienced Promoter Background
    The promoters bring long-standing industry experience, technical knowledge, and operational expertise. Their leadership supports strategic expansion, disciplined financial management, and development of efficient systems.
  5. Strategic Use of IPO Proceeds
    The planned deployment of funds towards machinery, modernization, and capacity enhancement will strengthen the company’s competitiveness, operational productivity, and ability to scale sustainably across domestic markets.
  6. Established Market Presence
    With decades of experience and a strong presence in weighing and power solutions, EDIL benefits from brand trust, industry relationships, and recurring demand, enabling steady business volumes and future expansion potential.

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