Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ScaleSauce IPO
Price Band
₹101.0–107.0
Issue Size
₹40.21 Cr
Lot Size
1,200 shares
Min Investment
₹256,800
2 LOTS MIN
GMP
+₹80.0 (74.77%)
Issue Price
₹107.0
Subject to Sauda
₹73000
Paid only if allotted
ScaleSauce IPO AI Summary
- ScaleSauce IPO is listed on NSE SME in the Trading & Distributors sector.
- Price band: ₹101.0–₹107.0 per share, lot size 1,200 shares (min. investment ₹256,800, 2 lots minimum).
- Subscription window: 05 Dec–09 Dec 2025, listing on 12 Dec 2025.
- Current GMP is +₹80.0 (74.77%), an estimated listing price of ₹187 — unofficial and can change daily.
ScaleSauce is an SME IPO focusing on consumer brands in the home and food segments. With a strong brand and innovative products, the company aims to utilize the proceeds from the IPO for capital expenditures, working capital, and repayment of borrowings. Investors should consider their risk profile and market conditions when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
ScaleSauce IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 09 Dec 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
ScaleSauce IPO Grey Market Premium (GMP) Today
GMP
+₹80.0
GMP %
+74.77%
Est. Listing
₹187.0
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in March 2010, Encompass Design India Limited (EDIL), known as ‘ ScaleSauce,’ builds and scales consumer brands in India, focusing on home, living, and food segments for modern urban consumers. Encompass Design India Limited (EDIL), operating under the brand name ‘ScaleSauce’, is a diversified consumer brand company focused on the home & living,as well as food segments, catering to the evolving preferences of modern urban Indian consumers. The Company’s main activities include manufacturing home and lifestyle items like bed sheets, curtains, comforters, table linens, and pillow covers, as well as food products, mainly sauces under its brands. Besides manufacturing, the Company trades agro-based products, cotton, fabrics, and other goods, mainly via gated markets that reach niche buyers. In addition to its manufacturing operations, ScaleSauce offers comprehensive digital and e-commerce solutions designed to help brands grow in the online marketplace. These services span marketing, technology, and operational support, serving both direct-to-consumer (D2C) brands and corporate clients. Competitve Strength: Strong Brand and Innovative Products. Agile and Scalable Business Model. Experienced Leadership and Business Synergies. Technology and Data Capabilities.
Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 63.24 | 53.45 | 23.19 | 23.92 |
| Total Income | 28.17 | 55.01 | 40.15 | 21.69 |
| Profit After Tax | 5.05 | 10.79 | 6.88 | -1.29 |
| EBITDA | 8.85 | 16.86 | 11.21 | 0.56 |
| NET Worth | 37.62 | 32.58 | 10.37 | 3.50 |
| Reserves and Surplus | 27.20 | 32.19 | 10.07 | 3.19 |
Key Ratios
EPS
₹10.35
NAV
₹835.88
ROE
50.26%
ROCE
40.49%
RoNW
33.13%
P/B Value
0.13
P/E Ratio
10.33
Market Cap
₹151.76 Cr
PAT Margin
19.75%
Debt/Equity
0.44
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| N R Vandana Tex Industries Limited | 19.74 | 25.46% | 8.7 | 5.03 | 5.03 |
| Neelam Linens And Garments (india) Limited | 19.37 | 6.84% | 10.8 | 1.59 | 1.59 |
| Encompass Design India Ltd. This IPO | 835.88 | 33.13% | — | 303.86 | 303.86 |
Promoters
Amit Rajendraprasad Dalmia, Susmita Amit Dalmia, Ruman Kailash Agarwal and Yogendra Vashishta
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements of Company towards purchasing office, interior work and refurbishment 11.49 2 To Meet Working Capital Requirements of the Company 7.29 3 Repayment/ prepayment of certain borrowings availed by the Company and 11.00 4 General Corporate Purposes 5.59 5 Issue expenses 4.84 Total 40.21
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹21.69 Cr in the year ending 31 Mar 2023, increasing to ₹40.15 Cr by 31 Mar 2024. It then rose further to ₹55.01 Cr for the year ending 31 Mar 2025, before dropping to ₹28.17 Cr as of 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
The profit after tax was a loss of ₹1.29 Cr in the year ending 31 Mar 2023, then improved to a profit of ₹6.88 Cr by 31 Mar 2024. This further increased to ₹10.79 Cr for the year ending 31 Mar 2025, before declining to ₹5.05 Cr as of 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
The implied P/E ratio at the issue price of ₹107.0 is approximately 10.33, compared to peers trading at a P/E range of 8.7 to 10.8.
Grey Market Premium, Explained
The Grey Market Premium (GMP) reflects the price at which an IPO is expected to list in the stock market, compared to its issue price. A positive GMP indicates strong demand for the shares in the grey market, suggesting potential listing gains.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their own investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid this IPO, as it involves inherent risks associated with new listings and market fluctuations.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on 5 December 2025 and closes on 9 December 2025, with allotment scheduled for 10 December 2025 and listing on 12 December 2025.
Listing Gains — The Risk
Listing-day gains can be unpredictable. Factors such as market sentiment, demand for the stock, and overall market conditions can influence the price on the first day of trading. Investors should be prepared for potential volatility.
This evaluation is generated from ScaleSauce's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is ScaleSauce IPO GMP today?
ScaleSauce IPO GMP today is +₹80.0 (74.77%), indicating an estimated listing price of ₹187. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of ScaleSauce IPO?
The price band of ScaleSauce IPO is ₹101.0–₹107.0 per share.
When does ScaleSauce IPO open and close?
ScaleSauce IPO opens on 05 December 2025 and closes on 09 December 2025.
When does ScaleSauce IPO list on the stock exchange?
ScaleSauce IPO listed on 12 December 2025 at ₹187.0.
What is the lot size for ScaleSauce IPO?
The lot size for ScaleSauce IPO is 1200 shares, requiring a minimum investment of ₹256,800 (2 lots).
What is the lot size for this IPO?
The lot size for ScaleSauce's IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹256,800.
What is the price band for the IPO?
The price band for the IPO is between ₹101.0 and ₹107.0.
When is the listing date for this IPO?
The listing date is scheduled for 12 December 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares compared to the issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
05 Dec 2025
Close
09 Dec 2025
Allotment
10 Dec 2025
Listing
12 Dec 2025
Similar IPOs in Trading & Distributors
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for ScaleSauce?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.