ENS Enterprises ipo: 2026 Price, GMP & Allotment Guide - IPO

ENS Enterprises ipo: 2026 Price, GMP & Allotment Guide

Review the ENS Enterprises IPO price band, dates, lot size, GMP, subscription, allotment schedule, financials, objectives, and key risks.

2026-08-18
ENS Enterprises Wiki Team
Quick Guide
  • ENS Enterprises ipo opens on August 14, 2026, and closes on August 18, 2026.
  • Price band: ₹87–₹92 per share, with a face value of ₹10.
  • Issue size: 3,602,400 fresh shares valued at up to ₹33.14 crore.
  • Indicative GMP: ₹0, an unofficial signal that should not replace formal research.
  • Tentative listing: August 21, 2026, on the BSE SME platform.

ENS Enterprises IPO Overview

The ENS Enterprises IPO is a BSE SME book-built public issue for ENS Enterprises Limited, a technology company incorporated in January 2016. The company provides digital commerce enablement and software solutions, with operations spanning e-commerce, digital engineering, and cloud technologies.

The company is headquartered in Uttar Pradesh, India, and serves clients across more than 12 countries. As of June 30, 2026, it reported 100 employees, including 92 in engineering and technology roles. Its certifications include ISO 27001:2022 and ISO 9001:2015.

Issue Structure

  • Fresh issue only
  • 3,602,400 shares
  • Up to ₹33.14 crore

Business Profile

  • Digital commerce solutions
  • Software and cloud services
  • ONDC technology service provider

Market Route

  • BSE SME listing
  • Book-built issue
  • Acme Capital Market as market maker
Editorial View

Use the issue structure, company disclosures, subscription data, and risk factors together. The grey market premium is unofficial and can change independently of the eventual listing price.

Key MetricENS Enterprises IPO Detail
Open dateAugust 14, 2026
Close dateAugust 18, 2026
Tentative listing dateAugust 21, 2026
Price band₹87–₹92
Face value₹10 per share
Issue typeBSE SME book-built issue
Total issue3,602,400 shares / ₹33.14 crore
Fresh issue3,602,400 shares / ₹33.14 crore
Offer for saleNone reported
Current GMP₹0

Price, Dates, and Application Size

The published schedule places the ENS Enterprises IPO subscription window from August 14 through August 18, 2026. The basis of allotment is scheduled for August 19, followed by refund initiation and share credit on August 20. The proposed listing date is August 21, 2026.

The reported lot size is 1,200 shares. The source presents individual investor applications at a minimum and maximum of two lots, while SHNI and BHNI categories use larger application sizes. Applicants should confirm the final requirements through their broker, bank, and the issue documents before submitting an application.

1

Review the Issue Documents

Check the RHP, price band, category rules, registrar information, and stated use of proceeds before applying.

2

Calculate the Application Amount

Multiply the number of shares by the selected bid price. At the upper band, one 1,200-share lot represents ₹110,400.

3

Submit Through an Approved Route

Use the applicable UPI or ASBA process offered by your broker or bank, and confirm that the mandate is accepted.

4

Track Allotment and Credit

Check the registrar after the basis-of-allotment date. Refunds and demat credit are scheduled for August 20, 2026.

Application CategoryLotsSharesAmount at ₹92
Individual investor22,400₹220,800
SHNI minimum33,600₹331,200
SHNI maximum910,800₹993,600
BHNI minimum1012,000₹1,104,000
Application Check

SME IPO category rules and minimum application values can differ from mainboard issues. Verify the live bid screen and banking mandate rather than relying on an old application template.

Subscription, GMP, and Allotment Data

The reported subscription figures were updated on August 18, 2026, at 2:19:41 PM. Across the displayed categories, total applications reached 1,60,95,600 shares against 23,95,200 shares offered, producing an overall subscription of 6.72 times.

The individual investor category recorded 4.98 times subscription. QIB demand was shown at 7.44 times, while HNI demand was 9.83 times. Subscription levels describe demand during the offer period; they do not guarantee allotment or listing performance.

CategoryShares OfferedShares AppliedSubscription
QIB684,0005,089,2007.44x
HNI513,6005,047,2009.83x
BHNI420,0003,806,4009.06x
SHNI171,6001,240,8007.23x
Individual investor1,197,6005,959,2004.98x
Total2,395,20016,095,6006.72x

The reported GMP was ₹0, or 0%. GMP is a grey-market indicator rather than an exchange-verified price. It can be affected by liquidity, sentiment, and changing expectations, so it should be treated as supplementary information.

Before You Apply:

  • Read the ENS Enterprises RHP and issue objectives
  • Confirm your eligible investor category and minimum amount
  • Check the final bid price and UPI or ASBA mandate
  • Record the registrar and allotment dates
  • Review the company risks and recent financial information
Tracking Milestone

The scheduled sequence is allotment on August 19, refund and demat credit on August 20, and tentative BSE listing on August 21, 2026.

Financial Profile and Use of Proceeds

ENS Enterprises reported growth in total income from ₹10.12 crore for the period ended March 31, 2024, to ₹28.62 crore for March 31, 2025, and ₹51.77 crore for March 31, 2026. Reported assets increased from ₹3.35 crore to ₹20.24 crore and then ₹32.46 crore across the same periods.

The published valuation indicators include ROE of 98.97%, ROCE of 78.41%, RoNW of 58.97%, PAT margin of 16.35%, EBITDA margin of 22.78%, NAV of ₹18.45, and price-to-book value of 4.99. These figures should be reviewed alongside the company’s full financial statements and the issue document.

Period EndedTotal IncomeAssets
March 31, 2024₹10.12 crore₹3.35 crore
March 31, 2025₹28.62 crore₹20.24 crore
March 31, 2026₹51.77 crore₹32.46 crore
Valuation IndicatorReported Value
ROE98.97%
ROCE78.41%
RoNW58.97%
PAT margin16.35%
EBITDA margin22.78%
NAV₹18.45
Price to book value4.99

The stated objectives include investment in IT infrastructure upgrades, repayment of borrowings, and general corporate purposes. The issue is managed by Corporate Makers Capital Ltd, while Abhipra Capital Limited is listed as registrar and Acme Capital Market is the market maker.

Reference Documents

Review the ENS Enterprises IPO details and RHP references for the disclosed schedule, financial figures, reservation structure, and risk factors.

Risks, Reservations, and FAQ

The company’s disclosed risk factors include customer concentration, the absence of long-term customer commitments, historical delays or partial compliance in certain statutory filings, outstanding litigation, delays in statutory payments, and periods of negative cash flow.

Other risks include the lack of registered intellectual property in the company’s name, lender charges over movable properties, promoter and director personal guarantees, reliance on rented office premises, and possible difficulty collecting receivables or billing unbilled services. These points make the RHP essential reading before any decision.

Reservation CategoryShares OfferedPercentage
Anchor investors1,026,00028.48%
Market maker181,2005.03%
QIB684,00018.99%
HNI513,60014.26%
BHNI420,00011.66%
SHNI171,6004.76%
Individual investors1,197,60033.24%
Total3,602,400100.00%

Promoter holding is reported at 75% before the issue and 55.13% after the issue. Promoters named in the reference material are Manish Kumar Srivastava, Avinash Kumar Singh, and Anupam Kumar Srivastava.

Q: What is the ENS Enterprises IPO price band?

The reported price band is ₹87–₹92 per equity share, with a face value of ₹10. The upper-band amount for 1,200 shares is ₹110,400.

Q: What is the ENS Enterprises IPO lot size?

The reported lot size is 1,200 shares. The source lists individual investor applications at two lots, equal to 2,400 shares and ₹220,800 at the upper price band.

Q: What is the ENS Enterprises IPO GMP?

The reported GMP is ₹0, or 0%. GMP is unofficial and should not be treated as a confirmed listing-price forecast.

Q: When are allotment and listing scheduled?

The basis of allotment is scheduled for August 19, 2026. Refund and share credit are scheduled for August 20, with tentative BSE listing on August 21, 2026.

Risk Reminder

An IPO involves market and company-specific risks. Use the RHP, registrar updates, and qualified financial advice when evaluating whether the issue fits your circumstances.