Mumbai, Dec. 12 -- The stock listed at Rs 203.30, a 90% premium to the IPO price, and is currently frozen at its lower limit of 5% over the listing price. It touched a high of Rs 203.30 and a low of Rs 193.15, with 12.37 lakh shares traded on the exchange.
Encompass Design India's IPO was subscribed 2.10 times. The issue opened for bidding on 5 December 2025 and it closed on 9 December 2025. The price of the IPO was fixed between Rs 101 to Rs 107 per share.
The IPO comprised a fresh issue of 37,58,400 equity shares. The company intends to utilize the net proceeds for funding capital expenditure requirements of the company towards purchasing office, interior work and refurbishment; to meet working capital requirements of the company; rep...
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