Encompass Design India delivered a strong stock market debut on the NSE Emerge platform, listing at a sharp 90% premium over its IPO price. The SME IPO, which was open for subscription between December 5–9, was subscribed more than 2 times, signaling healthy investor interest.
Encompass Design India IPO Listing Highlights
💥 Listed at ₹203.30 — 90% Higher Than Issue Price
The shares debuted at ₹203.30 per share, compared to the IPO price band of ₹101–107.
With this, the company touched a post-listing market cap of ₹273.96 crore.
Midday Trade: Profit Booking Pulls Stock to Lower Circuit
Despite the strong debut, the stock witnessed sharp profit booking by early investors.
- Current Price (12:15 PM): ₹193.15
- Down 4.99% from listing price
- Hit 5% lower circuit limit
- Intraday high: ₹203.30
This volatility is typical for newly listed SME stocks, where investors lock in quick gains after a premium listing.
About Encompass Design India
Encompass Design India, operating under the brand ScaleSauce, is a consumer-brand building company supporting businesses with product strategy, brand creation, and growth solutions.
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