ScaleSauce IPO Shows Modest Response, Subscribed 2.19x on Day 3

Encompass Design initial public offering (IPO) has demonstrated modest investor interest through its third day of subscription. The stock price band is set at ₹101-107 per share. The ₹40.21 crore IPO reached 2.19 times by 5:04:59 PM on day three. This indicates modest investor interest in this diversified consumer brand company operating under the brand name 'ScaleSauce', incorporated in 2010.

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Encompass Design IPO subscription reached modest 2.19 times on day three. It was led by Non-Institutional Investors (4.60x), Individual Investors (1.69x), and Qualified Institutional Buyers Ex-Anchor (1.25x). Total applications reached 1,164.

Subscription Status of Encompass Design IPO:

Here are the subscription details for ScaleSauce IPO as of Day 3 (December 9, 2025, 5:04:59 PM):

Key Highlights - Day 3:

• Overall subscription reached modest 2.19 times, showing substantial improvement from day two's 0.52 times
• Individual investors showing moderate confidence at 1.69 times, building substantially from day two's 0.17 times, indicating improved retail interest for this SME IPO
• Qualified institutional buyers (ex-anchor) showing moderate performance at 1.25 times, marginally improving from day two's 1.05 times, indicating measured institutional interest
• Total applications reached 1,164, showing limited investor participation for this SME IPO
• Cumulative bid amount reached ₹58.65 crores, exceeding the net offer size of ₹38.20 crores (excluding anchor and market maker portions) by approximately 1.5 times

Key Highlights - Day 2:

• Overall subscription reached weak 0.52 times, showing substantial improvement from day one's 0.13 times
• Qualified institutional buyers showing moderate performance at 1.05 times, building substantially from day one's 0.00 times
• Non-institutional investors showing weak performance at 0.66 times, improving from day one's 0.43 times
• Individual investors displaying weak confidence at 0.17 times, marginally improving from day one's 0.07 times

Key Highlights - Day 1:

• Overall subscription reached weak 0.13 times, showing very cautious initial investor interest
• Non-institutional investors showing weak performance at 0.43 times, indicating subdued HNI appetite
• Individual investors displaying weak confidence at 0.07 times, showing very weak retail sentiment
• Qualified institutional buyers showing negligible participation at 0.00 times, indicating no institutional interest

About ScaleSauce (Encompass Design India Limited)

Incorporated in March 2010, Encompass Design India Limited (EDIL), operating under the brand name 'ScaleSauce', is a diversified consumer brand company focused on the home and 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.