The ScaleSauce IPO will open for subscription on 5 December 2025 and will close on 9 December 2025. This SME Book Built Issue aims to raise about ₹40.21 crores through a fresh issue of shares. The IPO is scheduled to list on NSE SME on 12 December 2025, while allotment is expected on 10 December 2025.
For retail investors, the price band is fixed between ₹101 and ₹107 per share. The minimum lot size is 2,400 shares, making the retail investment amount ₹2,56,800.
Contents
ScaleSauce IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | December 5, 2025 |
| IPO Close Date | December 9, 2025 |
| Face Value | ₹10 per share |
| IPO Price Band | ₹101 to ₹107 |
| Issue Size | Approx ₹40.21 crores |
| Fresh Issue | Approx ₹40.21 crores |
| Offer for Sale | Approx [.] equity shares |
| Issue Type | Book Build Issue |
| Listing | NSE SME |
| DRHP Prospectus | View PDF |
| RHP Prospectus | View PDF |
ScaleSauce IPO
Open: 5-9 Dec
Issue Size: ₹40.21 Cr.
Objective: Raise funds for office setup, working capital, debt repayment and growth.
Exchange: NSE SME
ScaleSauce IPO Review
ScaleSauce has shown healthy financial growth over the past three years. The company’s revenue increased from ₹40.15 crores in FY2024 to ₹55.01 crores in FY2025, accompanied by an improvement in profitability.
With stable margins, strong ROE and RoNW, and a diversified product portfolio, ScaleSauce appears to be a fundamentally sound SME candidate. Investors looking for long-term value may find this IPO attractive, especially considering the company’s expansion plans and consistent earnings momentum.
ScaleSauce IPO GMP Today
ScaleSauce SME IPO continues to reflect a steady sentiment in the grey market, with the latest GMP reported at ₹0 as of 8 December 2025.
With the IPO price band fixed at ₹107 per share, the estimated listing price also stands unchanged at ₹107, resulting in an expected gain of 0.00% for investors. This flat GMP trend indicates that the market is yet to assign any premium to the offering.
Over the last eight sessions, the GMP has remained at zero without any fluctuation. This suggests that traders in the grey market are taking a cautious stance, possibly waiting for stronger subscription momentum before pricing in any upside. Subscription numbers so far have shown moderate participation, but not enough to shift grey market sentiment.
ScaleSauce SME IPO – GMP Trend Overview:
| Date | GMP | Estimated Listing Price | Expected Gain |
|---|---|---|---|
| 8 December 2025 | ₹0 | ₹107 | 0% |
| 7 December 2025 | ₹0 | ₹107 | 0% |
| 6 December 2025 | ₹0 | ₹107 | 0% |
| 5 December 2025 | ₹0 | ₹107 | 0% |
| 4 December 2025 | ₹0 | ₹107 | 0% |
| 3 December 2025 | ₹0 | ₹107 | 0% |
| 2 December 2025 | ₹0 | ₹107 | 0% |
| 1 December 2025 | ₹0 | ₹107 | 0% |
We update the GMP daily, and with no major movements so far, a similar trend is expected until listing day. The GMP shared here is purely informational and not a trading recommendation.
ScaleSauce IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,56,800 |
| Retail Maximum | 2 | 2,400 | ₹2,56,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,85,200 |
| S-HNI Maximum | 7 | 8,400 | ₹8,98,800 |
| B-HNI Minimum | 8 | 9,600 | ₹10,27,200 |
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | 10,69,200 | 28.45% |
| QIB (Ex. Anchor) | 7,14,000 | 19.00% |
| NII | 5,36,400 | 14.27% |
| Retail | 12,50,400 | 33.27% |
- Also Read: Vidya Wires IPO, Aequs IPO
ScaleSauce IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | December 4, 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | 10,69,200 |
| Anchor Size | ₹11.44 crores |
| Lock-in (50% – 30 days) | January 9, 2026 |
| Lock-in (50% – 90 days) | March 10, 2026 |
ScaleSauce IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 5, 2025 |
| IPO Close Date | December 9, 2025 |
| Basis of Allotment | December 10, 2025 |
| Refunds | December 11, 2025 |
| Credit to Demat | December 11, 2025 |
| Listing Date | December 12, 2025 |
| Cut-off Timing | December 9, 2025 – 5 PM |
Promoters and Shareholding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding (Pre-Issue) | 1,04,25,144 | 80.19% |
| Promoter Holding (Post-Issue) | 1,41,83,544 | –% |
Promoters:
Include Amit Rajendraprasad Dalmia, Susmita Amit Dalmia, Ruman Kailash Agarwal, and Yogendra Vashishta.
Objects of the Issue
The IPO funds will be used to support the company’s expansion and improve operational efficiency. A significant portion will go towards capital expenditure, including the purchase and refurbishment of office space and interior development.
The company will also allocate funds to strengthen its working capital needs and reduce existing debt through partial repayment or prepayment of borrowings. The remaining amount will be channelled towards general corporate purposes to support overall business growth.
About ScaleSauce Company
Encompass Design India Limited (EDIL), popularly known as ScaleSauce, was founded in March 2010. The company builds and scales consumer brands in the home, living, and food categories.
It manufactures bed sheets, curtains, pillow covers, comforters, table linens, and food products, especially sauces, under its in-house brands. The company caters to modern Indian consumers and has strengthened its presence across multiple lifestyle categories.
ScaleSauce IPO Financial Report (₹ in Crores)
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 21.69 | 22.67 | 1.29 | 23.92 |
| 2024 | 40.15 | 30.87 | 6.88 | 23.19 |
| 2025 | 55.01 | 40.38 | 10.79 | 53.45 |
| September 2025 | 28.17 | 21.45 | 5.05 | 63.24 |
ScaleSauce IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 50.26% |
| ROCE | 40.49% |
| EBITDA Margin | 30.86% |
| PAT Margin | 19.75% |
| Debt-to-Equity | 0.44 |
| EPS (Basic) | ₹303.86 |
| P/E Ratio | N/A |
| RoNW | 33.13% |
| NAV | ₹835.88 |
Peer Comparison
| Company | EPS | PE | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Neelam Linens & Garments (India) Ltd | 1.59 | 10.80 | 6.84% | 19.37 | – |
| N R Vandana Tex Industries Ltd | 5.03 | 8.70 | 25.46% | 19.74 | – |
IPO Lead Manager
3Dimension Capital Services Ltd.
Company Address
| Field | Details |
|---|---|
| Company Name | Encompass Design India Ltd. |
| Address | Virwani Indl Estate, Shop No. A-101, Opp. Western Exp Highway, Goregaon, Mumbai – 400063 |
| Phone | +91 7738988671 |
| cs@edipl.in | |
| Website | http://www.edipl.in/ |
IPO Registrar
MUFG Intime India Pvt. Ltd.
Email: edil.smeipo@in.mpms.mufg.com
Phone: +91-22-4918 6270
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
ScaleSauce IPO FAQs
What is ScaleSauce IPO?
ScaleSauce IPO is an SME IPO worth ₹40.21 crores with a price band of ₹101 to ₹107 per share. It will list on NSE SME.
When does the IPO open?
The IPO opens on December 5, 2025 and closes on December 9, 2025.
What is the investors’ portion?
QIB – 50%, NII – 15%, Retail – 35%.
How can I apply for the IPO?
You can apply online through ASBA or UPI via your broker, or submit an offline application form.
What is the lot size?
The minimum lot size is 2,400 shares.
When is the allotment date?
Allotment will be declared on December 10, 2025.
When will the IPO list?
Listing is scheduled for December 12, 2025.
Expert Comment
ScaleSauce stands out for its strong revenue growth, robust profit margins, and healthy returns on equity and capital. The company has diversified operations across home lifestyle and food categories, supported by rising demand from urban consumers.
With efficient cost management and expansion-focused fund utilisation, the IPO appears well-positioned for long-term value creation. Investors with a medium to long-term outlook may consider this issue based on fundamentals rather than short-term GMP trends
