ENS Enterprises IPO Details
Issue Date
14 Aug - 18 Aug'26
Price Band
₹87 - ₹92
Lot Size
1200 Shares
IPO Size
₹33.14 Cr
Listing At
BSE
Schedule of ENS Enterprises IPO
IPO Open Date
14/08/2026
IPO Close Date
18/08/2026
Basis of Allotment
19/08/2026
Refund Initiation
20/08/2026
Credit of Shares
20/08/2026
Listing on exchange
21/08/2026
ENS Enterprises IPO Subscription Status Live
(Last updated on 14 Aug 2026 02:45 PM)
Day 1 14-Aug-2026 | 0.37x | 0x | 0.16x | 1.1x |
ENS Enterprises IPO Subscription Rate
Non-Institutional (HNI) | 1.1x |
Retail | 0.16x |
Total Subscription | 0.37x |
About ENS Enterprises IPO
The public issue of the ENS Enterprises IPO, an SME IPO, opens on Friday, August 14, 2026 and closes on Tuesday, August 18, 2026. The allotment of shares will take place on Wednesday, August 19, 2026. The credit of shares to the demat account will take place on Thursday, August 20, 2026. The initiation of refunds will take place on Thursday, August 20, 2026. The listing of shares will take place on Friday, August 21, 2026 . The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.
The offer consists of a fresh issue component. The fresh issue will include 0.36 crore shares of ₹33.14 crores. The total number of shares and aggregate amount are 36,02,400 shares aggregating up to ₹33 crores.
ENS Enterprises IPO’s price band is set at ₹87 to ₹92 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by a retail individual investor is ₹2,20,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,31,200.
ENS Enterprises is an ISO 27001:2022 & ISO 9001:2015 certified technology company engaged in providing end-to-end digital commerce enablement and software solutions.
Objectives of ENS Enterprises
- Investment related to the enhancement, maintenance, and upgrading of existing products through manpower hiring.
- Investment in the upgrading of IT infrastructure.
- Repayment of borrowing.
- To meet general corporate purposes.
ENS Enterprises IPO Valuation
Upper Price Band | ₹92 |
Reserved for Market Maker | 1,81,200 shares (aggregating up to ₹2 crores) |
Fresh Issue (Ex Market Maker) | 34,21,200 shares (aggregating up to ₹31 crores) |
Net Offered to Public | 34,21,200 shares (aggregating up to ₹31 crores) |
EPS Diluted (in ₹) for FY26 | 8.40 |
Share Offer and Subscription Details
QIBs | Not more than 50% of the net offer |
Non-institutional Bidders (NIBs) | Not less than 15% of the net offer |
Retail-individual Bidders (RIBs) | Not less than 35% of the net offer |
IPO Lot Size
Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,20,800 |
Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,20,800 |
S-HNI (Min) | 3 | 3,600 | ₹3,31,200 |
S-HNI (Max) | 9 | 10,800 | ₹9,93,600 |
B-HNI (Min) | 10 | 12,000 | ₹11,04,000 |
Industry Outlook
The Indian Information Technology/Software industry is a global powerhouse today, and it has contributed immensely to positioning the country as a preferred investment destination amongst global investors and creating huge job opportunities in India, as well as in the USA, Europe and other parts of the world. In the last decade, the industry has grown manyfold in revenue terms.
India is the topmost offshoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entirely new gamut of opportunities for top IT firms in India.
About ENS Enterprises
ENS Enterprises is an ISO 27001:2022 & ISO 9001:2015 certified technology company engaged in providing end-to-end digital commerce enablement and software solutions. Established in 2016, and headquartered in Uttar Pradesh, India, they have built a strong presence in both domestic and international markets, serving clients across 12+ countries with the support of a team of over 140 professionals.
With a vast portfolio of services, the company has successfully delivered various IT projects and established itself as a trusted technology partner for a wide range of corporates, SMEs, and government-backed initiatives.
Strengths of ENS Enterprises
- Experienced management expertise.
- Established relationships with the client base.
- Recognised technology service provider (TSP) for Open Network for Digital Commerce (ONDC).
- Diverse digital commerce portfolio.
- Skilled and multi-disciplinary workforce.
Risks of ENS Enterprises
- Loss of any one or more of their major clients.
- Legal, regulatory, and market risks that arise from exposure to global operations.
- Failure to adapt to technological developments or industry trends.
- Exchange rate fluctuations.
- Any interruption or delay in service from third-party data centres and cloud computing providers.
ENS Enterprises Financials
Peer Comparison
ENS Enterprises | 39.21 | [-] | 4.50 | 14.55 |
ASM Technologies Ltd | 497.98 | 92.27 | 53.77 | 230.85 |
Infobeans Technologies Ltd | 381.08 | 24.31 | 6.90 | 37.97 |
Silver Touch Technologies Ltd | 315.13 | 12.99 | 14.89 | 66.28 |
Issue Price will be considered as CMP.
Source: All the financial information for listed industry peers mentioned above is on a standalone basis sourced from the Annual Reports of the peer company uploaded on the BSE website for the year ended March 31, 2026. Information of our Company is based on restated financial information.
CMP is calculated as on August 06, 2026.
Notes: 1. P/E Ratio has been computed based on the closing market price of equity shares on the BSE on August 06, 2026 divided by the Basic EPS.
2. RoNW is computed as net profit after tax divided by Average Net worth (as restated) as at the end of the year. Net worth has been computed as sum of share capital and reserves and surplus.
3. NAV is computed as the closing net worth divided by the closing outstanding number of Equity shares.
4. Net worth of Peer Company has been calculation by adding Share capital and reserve and surplus.
Anchor Investor Bidding Date
Thursday, August 13, 2026
The company may, in consultation with the Book Running Lead Manager, consider participation by Anchor Investors in accordance with the SEBI ICDR Regulations. The Anchor Investor Bid/ Issue Period shall be one Working Day prior to the Bid/Issue Opening Date.
IPO Registrar and Book Running Lead Managers
Registrar Details
Abhipra Capital Limited
Email: cs@abhipra.com
Tel.: 011-42390700
Book Running Lead Manager
Corporate Makers Capital Ltd.
ENS Enterprises Contact Details
B-16, 2nd Floor, Sector – 63 Gautam Buddha Nagar Noida, Uttar Pradesh, 201301
Email: cs@ens.enterprises
Phone: +91-120-5105732
Business Model
The company earns its revenue through the following: Providing end-to-end digital commerce enablement and software solutions. The company follows a hybrid revenue model designed to ensure stability, scalability, and recurring cash flows. The model is a mix of project-based revenues, subscription-driven income, and long-term service engagements, which allows them to cater to a diverse client base while maintaining consistent financial performance.
ENS Enterprises Growth Trajectory
ENS Enterprises’ Total Income for FY26 was ₹51.76 crores, whereas in FY25 and FY24 it was ₹28.61 crores and ₹10.12 crores, respectively.
The Profit After Tax for FY26 was ₹8.39 crores, whereas in FY25 and FY24 it was ₹3.70 crores and ₹0.90 crores, respectively.
Their EBITDA for FY26 was ₹11.70 crores, whereas in FY25 and FY24 it was ₹5.48 crores and ₹1.38 crores, respectively.
ENS Enterprises Market Position
As a recognised Technology Service Provider (TSP) for the Open Network for Digital Commerce (ONDC), ENS Enterprises benefits from an early-mover advantage in a government-backed initiative that is expected to transform India’s e-commerce landscape. This empanelment enhances their credibility and provides access to large-scale opportunities, particularly in SME digitisation, enterprise onboarding, and government-linked projects.
The company’s proven track record in successfully onboarding prestigious brands demonstrates their ability to deliver large-scale, mission-critical integrations on the ONDC platform.
As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹51.76 crores, ₹8.39 crores, and ₹11.70 crores, respectively.
ENS Enterprises Profit and Loss Statement (in ₹ crores)
Total Income | 51.76 | 28.61 | 10.12 |
Profit Before Tax | 11.41 | 5.33 | 1.23 |
Profit After Tax | 8.39 | 3.70 | 0.90 |
EPS (Diluted) ₹ | 8.40 | 3.97 | 0.97 |
EBITDA | 11.70 | 5.48 | 1.38 |
ENS Enterprises Balance Sheet (in ₹ crores)
Profit Before Tax | 11.41 | 5.33 | 1.24 |
Net Cash from Operating Activities | (1.10) | 2.49 | 0.10 |
Net Cash from Investing Activities | (4.02) | (5.65) | (0.22) |
Net Cash from Financing Activities | 3.82 | 4.39 | --- |
Cash & Cash Equivalents | 0.31 | 1.62 | 0.36 |
Note: () denotes negative
How to apply for ENS Enterprises IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
ENS Enterprises IPO FAQs
The ENS Enterprises IPO opens for subscription from 14-08-2026 to 18-08-2026, with a total issue size of ₹33.14 Cr. The IPO price band is ₹87 to ₹92 per share with a lot size of 2400. The company aims to list the shares on BSE & NSE on 21-08-2026.
The ENS Enterprises IPO will open for subscription on 14-08-2026 and will close on 18-08-2026 for investors.
The lot size of ENS Enterprises IPO is 2400 equity shares, requiring a minimum investment of ₹220800/2 Lots for retail investors applying in the IPO.
The price band of the ENS Enterprises IPO has been fixed at ₹87 to ₹92 per equity share.
You can apply for the ENS Enterprises IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
ENS Enterprises IPO allotment will take place on 19-08-2026.
You can check the ENS Enterprises IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
ENS Enterprises shares will list on the stock exchanges on 21-08-2026.
You can find detailed information about the ENS Enterprises IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Avinash Kumar Singh is the Chairman & Non-Executive and Non Independent Director of ENS Enterprises.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.
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