ENS Enterprises IPO
IT - Software • ₹33.14 Cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹92
Lot Size
1200 shares
Issue Size
₹33.14 Cr
Open
14 Aug 2026
Close
18 Aug 2026
Subscription
12.2×
IPO Schedule
| Issue Open Date | 14 Aug 2026 |
| Issue Close Date | 18 Aug 2026 |
| Allotment Date | 19 Aug 2026 |
| Listing Date | 20 Aug 2026 |
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.
Company Details
Founders / Promoters
Mr Avinash Kumar Singh
Founded
2016
Registrar
Abhipra Capital Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
ENS Enterprises — IPOFins Verdict
QuantitativeDriven by QIB demand at 9.4x and elevated disclosed risk (8/10), ENS Enterprises listed at a premium of 4.3% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- The company was empanelled as a Technology Service Provider (TSP) for the Government of India’s Open Network for Digital Commerce (ONDC) initiative in 2022. This gives it experience in ONDC integratio
- The company has a diversified digital commerce and technology services portfolio. Its offerings include e-commerce platforms, ONDC integrations, software and mobile application development, cloud and
- The company has a presence across domestic and international markets. It states that it serves clients in more than 12 countries, including the United States, Japan, Singapore, the United Kingdom, and
- The company follows a hybrid revenue model combining project-based income with recurring revenue. Recurring revenue is generated through SaaS subscriptions, maintenance contracts, and support retainer
- The company claims to have a dedicated R&D team of more than 100 employees. The team works on technologies including artificial intelligence and machine learning, generative AI, predictive analytics,
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Institutional subscription → score +1.0
Strong retail interest → score +0.5
Actual listing outcome → score +0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹92
Listing Price
₹96
Listing Gain/Loss
+4.35%
Listing Date
20 Aug 2026
Price Since Listing
Returns are measured against the ₹92 issue price.
Listing
₹96
+4.3%
1 Week
₹103.41
+12.4%
Current
₹102.75
+11.7%
Want to buy this stock?
Trade ENS Enterprises on the secondary market
FAQ
What is the price band of ENS Enterprises IPO?
The price band is ₹92 per share with a lot size of 1200 shares. Minimum investment: ₹1,10,400.
What does ENS Enterprises do?
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.
Should I apply for ENS Enterprises IPO?
ENS Enterprises listed at ₹96 (+4.3% premium to the ₹92 issue price) after 12.2x subscription. IPOFins Score 5/10: Driven by QIB demand at 9.4x and elevated disclosed risk (8/10), ENS Enterprises listed at a premium of 4.3% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded ENS Enterprises?
ENS Enterprises was founded by Mr Avinash Kumar Singh in 2016.