31 Mar 2023
Assets23.92
Total Income21.69
EBITDA0.56
Profit After Tax-1.29
NET Worth3.50
Reserves and Surplus3.19
At a glance
Updated 2026-09-10The shares listed at ₹203.30, a 90.00% move from the issue price. ScaleSauce is a SME IPO with an issue size of ₹40.21 crore, proposed for listing on NSE SME. The offer opens on 5th Dec 2025 and closes on 9th Dec 2025. The issue structure includes a fresh issue of ₹38.20 crore. The current listing schedule points to 12th Dec 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹40.21 Cr
Fresh issue₹38.20 Cr
Face value₹10
Price band₹101.00–₹107.00
Allotment10th Dec 2025
Listing12th Dec 2025
Listing performance
Full performance ↗Issue price₹107.00
Listing price₹203.30
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹80.00
GMP / upper price74.77%
Est. listing₹187.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens5th Dec 2025
Closes9th Dec 2025
Allotment10th Dec 2025
Refund11th Dec 2025
Demat11th Dec 2025
Listing12th Dec 2025
Subscription demand
Full bidding ↗QIB1.25×
sHNI2.29×
bHNI4.11×
NII / HNI4.11×
Retail1.69×
Total2.19×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹256,800 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure requirements of Company towards purchasing office, interior work and refurbishment | ₹11.49 Cr |
| To Meet Working Capital Requirements of the Company | ₹7.29 Cr |
| Repayment/ prepayment of certain borrowings availed by the Company and | ₹11.00 Cr |
| General Corporate Purposes | ₹5.59 Cr |
| Issue expenses | ₹4.84 Cr |
| Total | ₹40.21 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue28.17₹ Cr · -48.8% vs prior year
EBITDA8.85₹ Cr · -47.5% vs prior year
PAT5.05₹ Cr · -53.2% vs prior year
Assets63.24₹ Cr · +18.3% vs prior year
Net Worth37.62₹ Cr · +15.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets23.19
Total Income40.15
EBITDA11.21
Profit After Tax6.88
NET Worth10.37
Reserves and Surplus10.07
31 Mar 2025
Assets53.45
Total Income55.01
EBITDA16.86
Profit After Tax10.79
NET Worth32.58
Reserves and Surplus32.19
30 Sep 2025
Assets63.24
Total Income28.17
EBITDA8.85
Profit After Tax5.05
NET Worth37.62
Reserves and Surplus27.20
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 50.26% |
| ROCE | 40.49% |
| Debt / Equity | 0.44% |
| RoNW | 33.13% |
| PAT Margin | 19.75% |
| EBITDA Margin | 30.86% |
| Price to Book Value | 0.13 |
Valuation & shareholding
Pre-IPO EPS10.35
Post-IPO EPS7.12
Pre-IPO P/E10.33
Post-IPO P/E15.04
Promoter holding pre80.19%
Promoter holding post58.93%
Market cap₹151.76 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Encompass Design (Scale Sauce) India IPO | — | 15.04 x | — | — |
| Vinit Mobile IPO | — | 14.31 x | — | — |
| Amba Auto IPO | — | 27.20 x | — | — |
| Striders Impex IPO | — | 25.07 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure requirements of Company towards purchasing office, interior work and refurbishment | ₹11.49 Cr |
| To Meet Working Capital Requirements of the Company | ₹7.29 Cr |
| Repayment/ prepayment of certain borrowings availed by the Company and | ₹11.00 Cr |
| General Corporate Purposes | ₹5.59 Cr |
| Issue expenses | ₹4.84 Cr |
| Total | ₹40.21 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- 3Dimension Capital Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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