ENCOMPASS DESIGN INDIA (SCALESAUCE) IPO

ENCOMPASS DESIGN INDIA (SCALESAUCE) IPO

Overview of the Initial Public Offering

Encompass Design India Limited, operating under the distinct brand name ScaleSauce, is gearing up to launch its Initial Public Offering (IPO) to the public. This highly anticipated offering is set to open for subscription from December 05, 2025, to December 09, 2025, with shares expected to list on December 12, 2025. Investors will have the opportunity to subscribe within a price band of ₹101 to ₹107 per equity share. The IPO involves a total issue size of ₹40.21 Crores, entirely comprising a fresh issue of equity shares.

The company, known for building digital-first consumer brands in the home & living and gourmet food segments, aims to leverage this capital infusion to fuel its growth ambitions and strengthen its market presence. With a minimum lot size of 1200 shares, the minimum investment required for retail investors stands at ₹128400 at the upper end of the price band.

Key Dates for Investors

Understanding the timeline of an IPO is crucial for potential investors to plan their application and track its progress. Here are the significant dates associated with the Encompass Design India (Scalesauce) IPO:

• Opening Date: 05 Dec 2025
• Closing Date: 09 Dec 2025
• UPI Payment Deadline: 09 Dec 2025 (5 PM)
• Allotment Announcement: 10 Dec 2025
• Refund Processing: 11 Dec 2025
• Demat Credit: 11 Dec 2025
• Stock Market Listing: 12 Dec 2025
• Mandate Validity End: 24 Dec 2025
• Anchor Investor Lock-in Release (50%): 09 Jan 2026
• Anchor Investor Lock-in Release (Remaining): 10 Mar 2026

*Dates may be revised as per official updates from the company or exchanges. Investors are advised to refer to the official RHP for any definitive changes.

Deep Dive into the Company’s Operations

Founded in 2010, Encompass Design India Limited (EDIL), headquartered in Mumbai, operates under the vibrant brand identity of ScaleSauce. The company has carved a niche for itself by creating and nurturing digital-first consumer brands primarily in the home & living and gourmet food categories. Initially commencing its journey as a trading and e-commerce support entity, EDIL has strategically evolved into a diversified, multi-vertical business. Its current operations encompass manufacturing, sales of its own brand-led products, engaging in gated-market trading, and providing comprehensive digital and e-commerce services.

EDIL’s impressive portfolio boasts brands like Stoa Paris, QuirkLoom, and Small Batch, all meticulously designed to appeal to modern, design-conscious consumers. The company employs a robust multi-channel strategy, leveraging direct-to-consumer (D2C) platforms, prominent e-commerce marketplaces, and exclusive niche gated channels to effectively reach a broad spectrum of customer segments. The promoters, including Amit Dalmia, Susmita Dalmia, Ruman Agarwal, and Yogendra Vashishta, bring significant expertise in technology, digital marketing, and product development, which has been instrumental in the company’s growth trajectory. With a strong emphasis on a data-led approach, an efficient supply chain, and continuous innovation, Encompass Design India is poised for rapid brand scaling and aims to expand its domestic and international footprint.

Details on Capital Mobilisation

The IPO of Encompass Design India (Scalesauce) is structured as a fresh issue, meaning all proceeds from the offering will directly flow into the company to support its growth initiatives.

The entire issue size of ₹40.21 Crores is a fresh issue of equity shares. This indicates the company’s intent to inject the entire capital into its operations to fund future expansion, debt reduction, and general corporate purposes, rather than providing an exit route for existing shareholders. This structure often signals a strong focus on growth and long-term value creation.

Purpose of the Funds Raised

Encompass Design India Limited plans to strategically deploy the capital raised through its IPO across various key areas to strengthen its infrastructure, enhance operational efficiency, and support its growth trajectory. The allocation is designed to achieve a balanced approach towards asset creation, working capital management, and financial stability.

A significant portion of the funds, approximately 28.58%, is earmarked for purchasing and refurbishing office space, signaling an investment in permanent assets and an improved work environment. Another substantial share (27.36%) will be utilized for the repayment or prepayment of existing borrowings, which could lead to a stronger balance sheet and reduced interest expenses. Working capital requirements, crucial for day-to-day operations and scaling inventory, will receive 18.12% of the proceeds. The remaining 25.94% is allocated for general corporate purposes, providing the company with flexibility to address various strategic initiatives and unforeseen business needs.

Competitive Strengths of Encompass Design India

Encompass Design India (Scalesauce) possesses several distinctive strengths that position it favorably within its operating segments:

• **Diversified Brand Portfolio:** The company boasts a robust and diversified portfolio spanning across high-growth segments like home, living, and gourmet food brands, reducing reliance on a single product category.
• **Strong Digital-First Strategy:** With a core digital-first model and a multi-channel online presence, the company is well-equipped to reach a wide, digitally-native consumer base efficiently.
• **Experienced Leadership:** The promoters bring extensive experience and expertise in e-commerce, brand building, and digital marketing, providing strong strategic direction.
• **Integrated Capabilities:** In-house capabilities in design, marketing, and product development offer greater control over the value chain, fostering innovation and quicker market response.
• **High Market Demand:** The company operates in a sector characterized by growing demand for premium, design-focused consumer products, aligning with evolving consumer preferences.

Potential Risk Factors for Investors

While Encompass Design India presents promising growth avenues, potential investors should also be aware of the inherent risks:

• **Dependence on Online Marketplaces:** A substantial portion of the company’s revenue relies on online marketplaces, making it vulnerable to changes in their policies, algorithms, and commission structures.
• **Intense Market Competition:** The consumer products and D2C brand space is highly competitive, necessitating continuous innovation and significant marketing investments to maintain market share.
• **Working Capital Management:** Scaling operations and managing inventory across diversified product categories can lead to significant working capital pressures.
• **Digital Marketing Volatility:** The company’s digital-first model makes it susceptible to changes in digital marketing trends, platform algorithms, and increasing costs of online customer acquisition.
• **Reliance on Third-Party Suppliers:** Dependence on external suppliers for manufacturing and logistics introduces risks related to supply chain disruptions, quality control, and cost fluctuations.

Latest Subscription Data Insights

The subscription trends for an IPO offer valuable insights into investor interest across different categories. Below is the subscription status for Encompass Design India (Scalesauce) as of the latest available information:

*Subscription statistics are based on the latest available data as of 5:00 PM on December 05, 2025. Please note that Grey Market Premium (GMP) figures are unofficial and highly speculative, often varying. Exchange data, such as the subscription numbers provided above, offers a more reliable indicator of investor participation.

Guide to Participating in the IPO

Investors keen on participating in the Encompass Design India (Scalesauce) IPO can easily apply through the official Dhan Kirti IPO platform. Ensure your application is submitted well before the subscription window closes on December 09, 2025, to secure your chance to invest in this exciting opportunity.

Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes.