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ENS Enterprises IPO
Price Band
₹87.0–92.0
Issue Size
₹33.14 Cr
Lot Size
1,200 shares
Min Investment
₹220,800
2 LOTS MIN
GMP
+₹5.0 (5.43%)
Issue Price
₹92.0
Subject to Sauda
₹4600
Paid only if allotted
ENS Enterprises IPO AI Summary
- ENS Enterprises IPO is listed on BSE SME in the Software Products sector.
- Price band: ₹87.0–₹92.0 per share, lot size 1,200 shares (min. investment ₹220,800, 2 lots minimum).
- Subscription window: 14 Aug–18 Aug 2026, listing on 21 Aug 2026.
- Current GMP is +₹5.0 (5.43%), an estimated listing price of ₹97 — unofficial and can change daily.
ENS Enterprises Limited is a growing player in the software products sector, focusing on digital commerce solutions. With a strong revenue growth trajectory and a solid business model, it aims to leverage the funds from its IPO for further development and expansion.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
13.11x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
9.44x
|
9.44x |
| NII (HNI) |
22.89x
|
23x ✓ |
| ↳ bNII (>₹10L) |
26.87x
|
27x ✓ |
| ↳ sNII (<₹10L) |
14.97x
|
15x ✓ |
| Retail (RII) |
11.02x
|
11x ✓ |
| Total | 13.11x | 13.11x |
Auto-updated every 5 min · As of 18th Aug 2026 18:56
ENS Enterprises IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+5.43%
Est. Listing
₹97.0
Updated: 21 Aug 2026 09:45
GMP Trend (Last 10 Days)
About the Company
Incorporated in January 2016, ENS Enterprises Limited provides end-to-end digital commerce enablement and software solutions. The company has established a strong presence in domestic and international markets, supporting clients in 12+ countries with over 140 professionals. It offers a broad service portfolio, successfully delivering IT projects and establishing itself as a trusted technology partner for corporations, SMEs, and government initiatives. The majority of the company's revenues are generated from India, but the company has also made its presence internationally, viz. United States, Japan, Singapore, the UK, and Canada. As of 30 September 2025, the team comprises approximately 148 members, including Directors, KMP, and SMP, but excluding Non-Executive Independent Directors and employees. Service Offerings: E-Commerce Development ONDC (Open Network for Digital Commerce) Integration. Custom Software Development. Mobile App Development Digital Marketing and Growth Services Cloud Hosting and DevOps Apps & Plugins (Proprietary SaaS Products) Support and Maintenance Competitive Strength: Proven expertise in digital commerce solutions, including ONDC integration and custom e-commerce platforms. Certified ONDC Technology Service Provider (TSP) with an early-mover advantage in government-backed initiatives. Diverse client base spanning enterprises, global brands, and government projects, enhancing credibility and visibility. Balanced revenue model combining project-based and recurring income, ensuring financial stability. Experienced leadership team with strong industry networks supporting growth and partnerships.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 32.46 | 20.24 | 3.35 |
| Total Income | 51.77 | 28.62 | 10.12 |
| Profit After Tax | 8.40 | 3.70 | 0.90 |
| EBITDA | 11.71 | 5.48 | 1.38 |
| NET Worth | 18.44 | 10.04 | 1.90 |
| Reserves and Surplus | 8.45 | 7.33 | 1.87 |
| Total Borrowing | 3.97 |
Key Ratios
EPS
₹8.40
NAV
₹37.08
ROE
62.01%
ROCE
84.51%
RoNW
62.01%
P/B Value
2.48
P/E Ratio
10.95
Market Cap
₹125.07 Cr
PAT Margin
13.07%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Silver Touch Technologies Limited | 66.28 | 22.47% | 12.99 | 14.89 |
| Infobeans Technologies Limited | 37.97 | 19.66% | 24.31 | 6.9 |
| Asm Technologies Ltd | 230.85 | 24.49% | 92.27 | 53.77 |
| ENS Enterprises Ltd. This IPO | 14.55 | 36.61% | — | 4.5 |
Promoters
Manish Kumar Srivastava, Avinash Kumar Singh, Anupam Kumar Srivastava
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Investment related to enhancement, maintenance and upgrading of existing products through manpower hiring 17.02 2 Investment in upgradation of IT Infrastructure 6.75 3 Repayment of Borrowings 1.20 4 General Corporate Purposes Total 24.97
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹10.12 Cr in the year ending 31 Mar 2024, increasing to ₹28.62 Cr by 31 Mar 2025, and further rising to ₹51.77 Cr by 31 Mar 2026. This indicates a strong upward trend in revenue over the observed periods.
Profit Trend
Profit After Tax was ₹0.90 Cr in the year ending 31 Mar 2024, which grew to ₹3.70 Cr by 31 Mar 2025, and reached ₹8.40 Cr by 31 Mar 2026. This consistent increase in profit demonstrates the company's improving profitability.
Valuation
At the issue price of ₹92.0, ENS Enterprises has an implied P/E ratio of 10.95, compared to peers trading at P/E ratios ranging from 12.99 to 92.27.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the price at which shares are being traded in the unofficial market before the actual listing. A positive GMP suggests that the IPO is expected to list at a premium to its issue price, while a negative GMP indicates the opposite.
Subscription Demand
As of 18th August 2026, the IPO has received a total subscription of 13.11 times. The breakdown shows significant interest from various categories: QIBs subscribed 9.44 times, NIIs 22.89 times, and Retail investors 11.02 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment goals. It's essential to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors with a low risk appetite or those seeking guaranteed returns may want to avoid IPOs, as they can be subject to market fluctuations and volatility.
IPO Timeline, Explained
The IPO opens for subscription on 14th August 2026 and closes on 18th August 2026. Allotment of shares will be done on 19th August 2026, with the listing expected on 21st August 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While a positive GMP may indicate a potential for gains, various factors such as market sentiment, overall economic conditions, and company performance can influence the actual listing price.
This evaluation is generated from ENS Enterprises's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is ENS Enterprises IPO GMP today?
ENS Enterprises IPO GMP today is +₹5.0 (5.43%), indicating an estimated listing price of ₹97. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of ENS Enterprises IPO?
The price band of ENS Enterprises IPO is ₹87.0–₹92.0 per share.
When does ENS Enterprises IPO open and close?
ENS Enterprises IPO opens on 14 August 2026 and closes on 18 August 2026.
When does ENS Enterprises IPO list on the stock exchange?
ENS Enterprises IPO listed on 21 August 2026 at ₹97.0.
What is the lot size for ENS Enterprises IPO?
The lot size for ENS Enterprises IPO is 1200 shares, requiring a minimum investment of ₹220,800 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹87.0 to ₹92.0.
What is the minimum investment required?
The minimum investment required is ₹220,800.
What is the lot size for the IPO?
The lot size for the IPO is 1,200 shares.
When does the IPO open and close?
The IPO opens on 14th August 2026 and closes on 18th August 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of an IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
14 Aug 2026
Close
18 Aug 2026
Allotment
19 Aug 2026
Listing
21 Aug 2026
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