IPO Schedule
1
Open
5 Dec
2
Close
9 Dec
3
Allotment
-
4
Listing
12 Dec
Encompass Design India IPO
Issue:₹107
List:₹203.3
CMP:₹247
NSELot: 1200SME
LISTEDSME
Issue Price₹107
Listing₹203.3
Current₹247
Content
About Encompass Design India
Encompass Design India specializes in providing comprehensive engineering design and product development services. They cater to various industries, offering solutions from concept design to prototyping and manufacturing support, primarily focusing on the automotive and industrial sectors.
Subscription Status
QIB
0.00x
NII
0.43x
Retail
0.07x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.25x | 1.05x | 0.00x |
| NII | 4.60x | 0.66x | 0.43x |
| Retail | 1.69x | 0.17x | 0.07x |
| Total | 2.19x | 0.52x | 0.13x |
Risk Factors
•SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs due to lower liquidity and market capitalization.
•Dependence on specific industries (automotive and industrial) makes the company vulnerable to economic downturns in those sectors.
•Smaller issue size may lead to limited trading volume and price discovery post-listing.