ENS Enterprises IPO
ENS Enterprises is a SME IPO with a current status of LISTED. The price band is 87 - 92. The issue opens on 14 AUG and closes on 18 AUG. The listing date is 21 AUG.
Price Band
87 - 92
Unofficial GMP
₹5
Lot Size
1,200 shares
Minimum Investment
₹2,08,800
ENS Enterprises IPO GMP
The latest available GMP is ₹5. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹97.00
Estimated Gain
+5.4%
ENS Enterprises IPO GMP History
0
15 AUG
0
16 AUG
0
17 AUG
5
20 AUG
ENS Enterprises IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 87 - 92
- Issue Size
- 33.14 CR
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹31.48 Cr
- Face Value
- 10
- Lot Size
- 1,200
- Minimum Investment
- 2,08,800
- Exchange
- BSE SME
- Registrar
- Abhipra Capital Limited
- Lead Managers
- Corporate Makers Capital Ltd.
- Market Maker
- ₹1.67 Cr
ENS Enterprises IPO Dates
- Open Date
- 14 AUG
- Close Date
- 18 AUG
- Allotment Date
- 19 AUG
- Refund Date
- 20 AUG
- Demat Credit Date
- 20 AUG
- Listing Date
- 21 AUG
ENS Enterprises IPO Subscription
- QIB
- 0.52X
- NII / HNI
- 1.94X
- Retail
- 0.92X
- Total
- 1.09X
ENS Enterprises IPO Financials
Revenue
FY2026
₹51.37 Cr
+81.33% vs FY2025
PAT
FY2026
₹8.40 Cr
+127.03% vs FY2025
Total Assets
FY2026
₹32.46 Cr
+60.38% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 10.11 | 28.33 | 51.37 |
| Net Profit | 0.90 | 3.70 | 8.40 |
| Total Assets | 3.35 | 20.24 | 32.46 |
ENS Enterprises IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,20,800 |
| Retail Maximum | 2 | 2,400 | ₹2,20,800 |
| Small HNI | 3 | 3,600 | ₹3,31,200 |
| Big HNI | 3 | 3,600 | ₹3,31,200 |
ENS Enterprises IPO Reservation
- QIB
- 49.98%
- NII / HNI
- 15.01%
- Retail
- 35.01%
ENS Enterprises Company Overview
ENS Enterprises Limited is a technology and digital-commerce solutions company incorporated in 2016. The company operates across digital commerce and IT services and provides solutions including e-commerce store development, ONDC integration, SaaS-based digital-commerce products, digital marketing, analytics and related technology services. It serves different commerce models including B2B, B2C, D2C and marketplace businesses. The company is also a recognized Technology Service Provider for ONDC, which gives it exposure to India's developing open digital-commerce ecosystem. The business has recorded significant financial growth. Revenue from operations increased from approximately ₹10.11 crore in FY2024 to ₹28.33 crore in FY2025, while PAT increased from approximately ₹0.90 crore to ₹3.70 crore. For the six months ended September 30, 2025, it reported revenue from operations of approximately ₹28.34 crore and PAT of ₹4.02 crore. The company generates most of its business domestically but also has international operations. Its DRHP reports revenue from markets including Singapore, Japan, the USA, Canada and other countries.
ENS Enterprises Business Model
ENS Enterprises operates primarily as a technology solutions and digital-commerce services provider. Its business model combines project-based technology services with digital-commerce products and solutions. The company develops and implements e-commerce stores, provides ONDC integration and compliance services, offers SaaS products designed for digital commerce, and provides digital marketing and analytics services. A significant part of the company's strategy is based on establishing long-term relationships with enterprise clients. According to the DRHP, some relationships that started as project-based engagements have developed into broader and longer-term partnerships. The company's portfolio enables it to cross-sell multiple technology and digital-commerce services to existing clients. Its recognition as an ONDC Technology Service Provider (TSP) is another important component. ENS assists clients with ONDC onboarding, integrations, compliance support, logistics enablement and technology advisory services. This allows the company to participate in the expanding ONDC ecosystem while continuing its traditional e-commerce and IT-service operations.
ENS Enterprises Objects of the Issue
The IPO consists of a fresh issue of up to 36,02,400 equity shares; the DRHP states that there is no Offer for Sale component. The net proceeds are proposed to be used for: 1. Enhancement, maintenance and upgrading of existing products through manpower hiring 2. Upgradation of IT infrastructure 3. Repayment/prepayment of borrowings 4. General corporate purposes As of September 30, 2025, outstanding borrowings were approximately ₹1.20 crore, and the company proposes to use approximately ₹1.20 crore of IPO proceeds toward repayment/prepayment of specified borrowings.
ENS Enterprises Strengths
1. Experienced management: The promoters have experience in the IT sector and provide expertise in digital commerce and technology services. 2. Established client relationships: ENS reports relationships with enterprises across FMCG, telecom and retail sectors, with some project-based engagements developing into longer-term partnerships. 3. ONDC Technology Service Provider: Its recognition as a TSP for ONDC provides an early-mover position and opportunities related to enterprise onboarding, SME digitisation and government-backed digital-commerce initiatives. 4. Diversified service portfolio: Its offerings cover e-commerce development, ONDC integration, SaaS products, digital marketing and analytics, enabling it to address B2B, B2C, D2C and marketplace models. 5. Strong financial growth: FY2025 revenue from operations was about ₹28.33 crore, compared with ₹10.11 crore in FY2024, while PAT rose to about ₹3.70 crore from ₹0.90 crore.
ENS Enterprises Risks
Customer concentration is one of the most important risks. The top 10 customers contributed 60.12% of revenue from operations in FY2025, while their contribution was 87.09% in FY2024. The company also states that it does not have long-term or exclusive agreements with its customers. Loss of major customers or reduced business from them could therefore materially affect revenue and profitability. Another concern is historical regulatory/compliance delays. The DRHP identifies instances of delayed filings, non-filings or partial compliance with requirements of statutory authorities. It also reports certain delays in payment of statutory dues, although the cited dues had subsequently been deposited with the relevant authorities. The company also has outstanding litigation/tax proceedings. The DRHP reports four direct-tax and three GST proceedings against the company, with an aggregate amount involved of approximately ₹31.84 lakh. Finally, ENS operates in a highly competitive digital-commerce and IT-services industry, where rapid technological changes, pricing pressure, competition for skilled employees and dependence on successful execution of technology projects can affect future growth.
ENS Enterprises Frequently Asked Questions
What is the ENS Enterprises IPO price band?
The ENS Enterprises IPO price band is 87 - 92.
What is the latest ENS Enterprises IPO GMP?
The latest available ENS Enterprises IPO GMP in the IPOWEB database is ₹5. GMP is unofficial and does not guarantee a listing gain.
When does the ENS Enterprises IPO open and close?
The ENS Enterprises IPO opens on 14 AUG and closes on 18 AUG.
When is the ENS Enterprises IPO allotment date?
The ENS Enterprises IPO allotment date is 19 AUG.
When is the ENS Enterprises IPO listing date?
The ENS Enterprises IPO listing date is 21 AUG.
What is the ENS Enterprises IPO subscription?
The latest total subscription available for the ENS Enterprises IPO is 1.09X.