ENS Enterprises
OPENIPO Date: 14 Aug - 18 Aug 2026
Listing Date: 21 Aug 2026
Price Range
Rs.87 - Rs.92
Issue Size
33 Cr
Min Investment
₹1,04,400
Lot Size
1200 Shares
Schedule of ENS Enterprises
Issue open date
14 Aug 2026
Issue close date
18 Aug 2026
UPI mandate deadline
18 Aug 2026 (5 PM)
Allotment finalization
19 Aug 2026
Share credit
20 Aug 2026
Listing date
21 Aug 2026
Mandate end date
2 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 33 Cr |
| Fresh Issue | 33.14 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Aug 2026 | ₹92 | ₹0 | ₹92 (0%) |
| 12 Aug 2026 | ₹92 | ₹0 | ₹92 (0%) |
| 11 Aug 2026 | ₹92 | ₹0 | ₹92 (0%) |
Performance ENS Enterprises
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.87 - Rs.92 | .... | .... | .... |
About ENS Enterprises
ENS Enterprises Limited is a technology company providing digital commerce enablement and software solutions. Its services cover online commerce platforms, Open Network for Digital Commerce (ONDC) integrations, software development, mobile applications, cloud and DevOps services, and digital marketing. The company also develops Software as a Service (SaaS) products that generate subscription-based revenue, along with providing consulting, development and integration services for blockchain-based solutions, including smart contracts and ONDC protocol-based applications. It provides technology support covering strategy, development, deployment, growth and ongoing maintenance. The company is headquartered in Uttar Pradesh, India, and serves clients in India as well as the United States, Japan, Singapore, the United Kingdom, and Canada. In 2022, it was empanelled as a Technology Service Provider for the Government of India’s ONDC initiative. Its research and development (R&D) activities cover technologies, including artificial intelligence (AI) and machine learning (ML), generative AI (GenAI), predictive analytics, Internet of Things (IoT), blockchain, and cloud-native architectures.
| Founded in | 2016 |
| Managing director | Mr Avinash Kumar Singh |
| Parent organization |
Financial Overview
Strengths
- Certified Technology Service Provider for the Open Network for Digital Commerce (ONDC) initiative.
- Proven track record in custom digital commerce, mobile app development, and enterprise IT integrations.
- Diversified global presence serving B2B clients and enterprises across more than 12 countries.
- Hybrid revenue model combining one-time project fees, recurring retainers, and SaaS subscriptions.
- Experienced promoter-led management team with deep domain expertise in information technology.
Risks
- High customer concentration, with the top 10 clients generating 67.30% of revenue as of September 30, 2025.
- Past instances of delayed statutory filings with the RoC and delayed payments of EPF, ESIC, TDS, and GST dues.
- Negative cash flow from operating activities of ₹ 169.47 lakhs was reported for the period ended September 30, 2025.
- The company currently holds no registered trademark or intellectual property rights for its brand logo.
- All office facilities operate from leased premises, exposing operations to non-renewal or termination risks.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |