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News Details

( As on 01/12/2025 12:30)

Encompass Design Ind announces launch of initial public offering

Encompass Design India Ltd. has announced public offering of 3758400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 97.00 per share. The gross proceeds of the issue are expected to be Rs 4,021.49 lakhs.

The company's initial public offer (IPO) will open on 05 December 2025 and is expected to close on 09 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 101.00-107.00 per share.

The IPO includes a fresh Issue of 3758400 Equity Shares of the Company at an price of Rs 107.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Encompass Design India Ltd. anticipates using the proceeds of the issue for .

3Dimension Capital Services Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.