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

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.

ScaleSauce, an Book Built Issue, amounting to ₹40.21 Crore, consisting entirely an fresh issue of 0.38 crore shares of ₹40.21 Crore.The subscription period for the ScaleSauce IPO opens on December 05, 2025, and closes on December 09, 2025. The allotment is expected to be finalized on or about Wednesday, December 10, 2025., and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, December 12, 2025.



The Share Price Band of ScaleSauce IPO is set at ₹101 to ₹ 107  per equity share. The Market Capitalisation of the ScaleSauce at IPO price of ₹107 per equity share will be 151.76 Crores. The lot size of the IPO is 1200 shares. Retail investors are required to invest a minimum of   256,8002 lots (2400 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 3600 shares), amounting to  385,200.

3DIMENSIONCAPITALSERVICES LIMITED are the book running lead manager of the ScaleSauce, while MUFGINTIMEINDIAPRIVATELIMITED is the registrar for the issue. The Market Maker of the company is Alacrity Securities Ltd.

ScaleSauce Limited IPO GMP Today
The Grey Market Premium of ScaleSauce IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

ScaleSauce Limited IPO Live Subscription Status Today: Real-Time Update
As of 10:30 AM on 05 December, 2025, the ScaleSauce IPO live subscription status shows that the IPO subscribed 0.01 times on its First Day of subscription period. Check the ScaleSauce IPO Live Subscription Status Today at NSE.

ScaleSauce Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
ScaleSauce IPO allotment date is 10 December 2025, Wednesday, ScaleSauce IPO Allotment will be out on 10 December 2025, Wednesday, and will be live on Registrar Website from the allotment date.
Check MUFG INTIMEINDIAPRIVATE LIMITED IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select ScaleSauce IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of ScaleSauce Limited IPO
ScaleSauce to utilise the Net Proceeds towards the following objects:
1. ₹1148.58 Lakh is required for Funding capital expenditure requirements of our company towards purchasing office, interior work and refurbishment
2. ₹729.42 Lakh is required for To Meet Working Capital Requirements of the Company;
3. ₹1100.00 Lakh is required for Repayment/ prepayment of certain borrowings availed by our Companyand
4 General corporate purposes.

Refer to ScaleSauce Limited RHP for more details about the Company.

Encompass Design India Limited Day Wise IPO GMP Trend
GMP Date Issue Price Expected Listing Price GMP Last Updated
December 02, 2025 ₹ 107 ₹ 107 ₹0(0.0%) 02 December 2025; 01:20 PM
Encompass Design India IPO Details
Market Capitalization ₹151.76 Cr.
IPO Date December 05, 2025 to December 09, 2025
Listing Date December 12, 2025
Face Value ₹10 Per Share
Price Band ₹101 to ₹107 per share
Issue Price ₹107 per share
Employee Discount NA
Lot Size 1200 Equity Shares
Total Issue Size 37,58,400 Equity Shares (aggregating to ₹40.21 Cr)
Fresh Issue 37,58,400 Equity Shares (aggregating to ₹40.21 Cr)
Offer for Sale NA
Issue Type Book Built Issue
Listing At NSE SME
Share holding pre issue 1,04,25,144
Share holding post issue 1,41,83,544
Rating Avoid
Encompass Design India IPO Anchor Investors Details
Bid Date December 04, 2025
Shares Offered 10,69,200
Anchor Portion Size (In Cr.) 11.44
Anchor lock-in period end date for 50% shares (30 Days) January 09, 2026
Anchor lock-in period end date for remaining shares (90 Days) March 10, 2026
Encompass Design India IPO Timeline (Tentative Schedule)
IPO Open Date Fri, Dec 5, 2025
IPO Close Date Tue, Dec 9, 2025
Basis of Allotment Wed, Dec 10, 2025
Initiation of Refunds Thu, Dec 11, 2025
Credit of Shares to Demat Thu, Dec 11, 2025
Listing Date Fri, Dec 12, 2025
Cut-off time for UPI mandate confirmation 5 PM on Tue, Dec 9, 2025
Encompass Design India IPO Reservation
Investor Category Shares Offered Reservation %
QIB Portion 1,785,000 Not less than 50% of the Net Offer
Non-Institutional Investor Portion 535,500 Not more than 15% of the Net Issue
Retail Shares Offered 1,249,500 Not more than 35% of the Net Offer
Market Maker Portion 188,400 -
Encompass Design India IPO Promoter Holding
Share Holding Pre Issue 80.19%
Share Holding Post Issue 58.94%
Encompass Design India IPO Lot Size
Application Lots Shares Amount
Retail (Min) 2 2,400 ₹256,800
Retail (Max) 2 2,400 ₹256,800
S-HNI (Min) 3 3,600 ₹385,200
S-HNI (Max) 7 8,400 ₹898,800
B-HNI (Min) 8 9,600 ₹1,027,200
Encompass Design India IPO Subscription Status
Investor Category Shares Offered Shares Bid For No of Times Subscribed Last Upadeted
Qualified Institutional Buyers (QIB) 715,800 - 0.00x 05 December 2025; 11:33 AM
Non Institutional Investors(NIIS) 723,900 - 0.00x 05 December 2025; 11:33 AM
Retail Individual Investors (RIIs) 1,249,500 - 0.00x 05 December 2025; 11:33 AM
Total 2,689,200 - 0.00x 05 December 2025; 11:33 AM
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.

Encompass Design India Limited Financial Information (Restated Consolidated)

Amount in (₹ in Lakhs)

Period Ended Sep 30, 2025 Mar 31, 2025 Mar 31, 2024 Mar 31, 2023
Reserve of Surplus 2,719.72 3,218.68 1,006.55 318.65
Total Assets 6,324.03 5,344.55 2,319.10 2,392.20
Total Borrowings 1,578.87 1,425.94 805.40 747.06
Fixed Assets 141.37 152.52 147.84 56.70
Cash 1,010.81 1,251.07 30.51 6.88
Cash flow from operating activities 310.32 473.80 650.29 312.08
Cash flows from investing activities -670.18 -991.18 -656.55 -71.89
Cash flow from financing activities 119.51 1,738.03 29.89 -283.79
Net Borrowing 568.06 174.87 774.89 740.18
Revenue 2,817.05 5,501.19 4,014.74 2,169.09
EBITDA 885.23 1,686.43 1,121.36 56.07
PAT 504.59 1,079.38 687.90 -129.46
PAT Margin 17.91% 19.62% 17.13% -5.97%
EPS 5.27 10.39 6.68 -1.26

Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on Cap Price Post Issue Data, given in FINANCIAL EXPRESS.

Key Performance Indicator
KPI Values
EPS Pre IPO (Rs.) 10.39
EPS Post IPO (Rs.) 7.61
Adjusted 12M EPS Post IPO (Rs.) 7.12
P/E Pre IPO 10.30
P/E Post IPO 14.06
Adjusted 12M P/E Post IPO 15.04
ROE 50.26%
ROCE 40.49%
P/BV 0.13
Debt/Equity 0.44
RoNW 33.13%
EBITDA Margin 30.86%
PAT Margin 19.62%
Encompass Design India Limited IPO Peer Comparison
Company Name EPS P/E (x) ROE ROCE P/BV Debt/Equity RoNW (%)
Scale Sauce 7.61 14.06 50.26% 40.49% 0.13 0.44 33.13%
Neelam Linens and Garments (India) 1.59 10.80 8.62 % 9.95 % 0.68 0.60 6.84%
N R Vandana Tex Industries 5.03 8.70 26.1 % 18.8 % 2.27 1.18 25.46%
Encompass Design India Limited Contact Details

Encompass Design India Ltd.
Virwani Indl Estate, Shop No. A-101,
Opp. Western ExpHighway
Goregaon
Mumbai, Maharashtra, 400063
Phone: +91 7738988671
Email: cs@edipl.in
Websitehttp://www.edipl.in/

Encompass Design India IPO Registrar and Lead Manager(s)

MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: edil.smeipo@in.mpms.mufg.com
Websitehttps://linkintime.co.in/Initial_Offer/public-issues.html

3DIMENSIONCAPITALSERVICES LIMITED
Phone: 011-40196737
Email:  info@3dcsl.com
Websitewww.3dcsl.com

Encompass Design India IPO Review

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.

The Company is led by Promoter, i.e., AMITRAJENDRAPRASADDALMIA,SUSMITAAMITDALMIA,RUMANKAILASHAGARWAL AND YOGENDRA VASHISHTA

The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 2,817.05 Lakh, ₹ 5,501.19 Lakh, ₹ 4,014.74 Lakh, and ₹ 2,169.09 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 885.23 Lakh, ₹ 1,686.43 Lakh, ₹ 1,121.36 Lakh, and ₹


Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. We also use Artificial Intelligence (AI) tools to enhance the efficiency and quality of our research services, including data retrieval, analysis, and report summarization. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit Legal our website abhayvarn.com

About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.

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