ENS Enterprises IPO GMP & Allotment
ENS Enterprises Limited is a technology company providing end-to-end digital commerce enablement and software solutions. Headquartered in Uttar Pradesh, India, the company operates across e-commerce, digital engineering, and cloud technologies. Its core service offerings include custom e-commerce platform development, mobile application development, custom software solutions, cloud hosting and DevOps, digital marketing, ongoing maintenance, and ONDC protocol integration, where it serves as an empanelled Technology Service Provider. ENS Enterprises also develops proprietary software-as-a-service products. The company operates a hybrid revenue model combining one-time project fees for large digital implementations, recurring retainers for managed services and hosting, and subscription-based income from SaaS applications. Serving B2B clients, enterprise brands, SMEs, and public sector initiatives, ENS Enterprises delivers solutions across more than twelve countries, including India, the United States, Japan, Singapore, the United Kingdom, and Canada.
- IPO Price Band
- ₹87.00 - ₹92.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 18 Aug 2026
- Listing Date
- 21 Aug 2026
ENS Enterprises IPO GMP Today & Key Takeaways
ENS Enterprises IPO officially listed on 21 Aug 2026 at Rs 96.00, delivering a +4.35% listing gain compared to its issue price of Rs 92.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
ENS Enterprises IPO officially listed on 21 Aug 2026 at ₹96.00, delivering a +4.35% listing gain compared to its issue price of ₹92.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹4 | +4.35% vs upper band (13 Aug 2026) |
| Est. Listing Price | ₹96.00 | +4.35% Est. Listing Gain |
| Price Band | ₹87.00 - ₹92.00 | SME IPO |
| Retail Minimum Investment | ₹2,20,800 | 2 Lot (1,200 Shares) |
| Bidding Window | 14 Aug 2026 – 18 Aug 2026 | Listed |
| Allotment & Listing Dates | Allotment: 19 Aug 2026 | Listing: 21 Aug 2026 |
Complete IPO information
| IPO Open Date | 14 Aug 2026 |
|---|---|
| IPO Close Date | 18 Aug 2026 |
| IPO Price Band | ₹87.00 - ₹92.00 |
| Lot Size | 1,200 Shares |
| Current GMP | ₹4 |
| Estimated Listing Gain | +4.35% |
| Issue Size | Approx ₹33.14 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 12.27x |
| Minimum Investment | ₹2,20,800 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 6.84 | 64.54 | 9.44xx |
| NII | 6.95 | 119.38 | 17.18xx |
| Retail | 11.98 | 132.14 | 11.03xx |
| Overall Subscription | 25.76 | 316.07 | 12.27xx |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, ENS Enterprises is priced at ₹92 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,20,800 to participate in this SME issue.
The latest recorded Grey Market Premium for ENS Enterprises stands at ₹4, implying an estimated listing gain of around 4.35% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, ENS Enterprises's IPO was subscribed 12.27x overall, with a category-wise breakdown of Retail 11.03x, QIB 9.44x, NII 17.18x.
Among the strengths highlighted in ENS Enterprises's IPO documents: 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..
Investors should also weigh the risk factors ENS Enterprises has disclosed, including: High customer concentration, with the top 10 clients generating 67.30% of revenue as of September 30, 2025..
A share of ENS Enterprises's issue proceeds is earmarked for Repayment Of Borrowings: 1.2 (3.62%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 14 Aug 2026 | Completed |
| Bidding Closes | 18 Aug 2026 | Completed |
| Allotment | 19 Aug 2026 | Completed |
| Listing | 21 Aug 2026 | Completed |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,20,800 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,20,800 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,31,200 |
| S-HNI Maximum | 9 Lot | 10,800 | ₹9,93,600 |
| B-HNI Minimum | 10 Lot | 12,000 | ₹11,04,000 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 1.2 (3.62%)
- General Corporate Purpose 8.17 (24.65%)
Important takeaways before applying
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.
ENS Enterprises IPO Reservation
The ENS Enterprises IPO has a category-wise reservation structure for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and Anchor Investors.
As per the provided reservation structure, 50% of the offer is allocated to Qualified Institutional Buyers, excluding the anchor investor portion. 15% of the issue is reserved for Non-Institutional Investors, while 35% is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
ENS Enterprises IPO Anchor Investors
The ENS Enterprises IPO anchor investor bidding is scheduled for August 13, 2026, one day before the public issue opens for subscription. The final anchor investor list and allocation details will provide information about institutional participation in the IPO.
The anchor allocation is subject to the applicable lock-in requirements. As per the provided structure, 50% of the anchor shares will have a 30-day lock-in period, while the remaining 50% will have a 90-day lock-in period.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 13, 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
ENS Enterprises IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 14 Aug 2026 |
| IPO Close Date | 18 Aug 2026 |
| Basis of Allotment | 19 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 21 Aug 2026 |
Note: The timeline for ENS Enterprises IPO is tentative and subject to change.
ENS Enterprises IPO Promoters and Holding Pattern
The promoters of ENS Enterprises are Manish Kumar Srivastava, Avinash Kumar Singh and Anupam Kumar Srivastava. Prior to the IPO, the promoter and promoter group collectively hold 74,94,390 equity shares, representing 75% of the company's pre-issue equity share capital.
Other shareholders hold 24,98,122 equity shares, representing the remaining 25% before the IPO. The company's total outstanding equity shares are expected to increase from 99,92,512 shares before the issue to 1,35,94,912 shares after the IPO.
Promoters of ENS Enterprises
- Manish Kumar Srivastava
- Avinash Kumar Singh
- Anupam Kumar Srivastava
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 74,94,390 | 75% | – | -% |
| Others* | 24,98,122 | 25% | – | -% |
| Total | 99,92,512 | 100% | 1,35,94,912 | 100% |
ENS Enterprises Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
ENS Enterprises About Ipo
ENS Enterprises Limited, founded in January 2016, is one of the leading technology and e-commerce solutions providers. Its service offering includes UI/UX design, Web development, digital marketing, e-commerce development, ONDC (Open Network for Digital Commerce) Integration, Custom Software Development, Mobile App Development, Cloud Hosting and DevOps, Apps & Plugins (Proprietary SaaS Products), and Support and Maintenance for corporations, SMEs, and government initiatives.
The firm has domestic as well as international clients, including in the United States, Japan, Singapore, the UK, and Canada, with over 140 professionals. ENS Enterprises uses Intelligent digital solutions for modern business growth and helps transform businesses with Intelligent AI solutions.
ENS Enterprises Company Financials
To Be Updated Soon
ENS Enterprises Company Valuation – FY2026
To Be Updated Soon
ENS Enterprises IPO Peer Group Comparison
To Be Updated Soon
IPO Lead Managers aka Merchant Bankers
- Corporate Makers Capital Ltd.
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ENS Enterprises IPO FAQs
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