By Wealthova | Last Updated: August 12, 2026
ENS Enterprises Limited is gearing up to make its primary market debut with an upcoming ₹33.14 Crore SME IPO. Operating as an innovative technology provider, the company specializes in end-to-end digital commerce enablement and customized software solutions. The subscription window for this book-built issue opens on August 14 and closes on August 18, 2026. The price band is set between ₹87 to ₹92 per equity share, consisting entirely of a fresh issue of 36,02,400 shares with no Offer for Sale (OFS) component. The company plans to utilize the fresh capital to fund the enhancement of existing products, upgrade its IT infrastructure, repay outstanding borrowings, and support general corporate purposes. Set to list exclusively on the BSE SME platform, market participants are closely watching this emerging digital commerce stock. Below, we break down the financial health, risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!
August 14, 2026
August 18, 2026
₹87 to ₹92
1,200 Shares
(Min. 2 Lots for Retail)₹33.14 Cr
₹33.14 Cr
35% Allocation
₹10 Base
BSE SME
Incorporated in January 2016, ENS Enterprises Limited is a prominent, Noida-based technology solutions provider specializing in end-to-end digital commerce enablement and customized software solutions. The company's core mission is to empower businesses across diverse verticals by modernizing their enterprise technology stacks, scaling their e-commerce infrastructure, and optimizing digital customer workflows with enterprise-grade security and reliability.
Key Business Highlights & Capabilities:
The ENS Enterprises IPO consists entirely of a Fresh Issue of up to 36,02,400 equity shares, with absolutely no Offer for Sale (OFS) component. The company plans to deploy the net proceeds strategically to scale its operational capabilities.
The primary objects of the issue include:
| 📅 Period Ended | 📈 Total Income | 💼 Net Worth | 💰 PAT | 🏦 Assets |
|---|---|---|---|---|
| FY 2023 | ₹7.37 | ₹1.00 | ₹0.56 | ₹1.76 |
| FY 2024 | ₹10.12 | ₹1.90 | ₹0.90 | ₹3.67 |
| FY 2025 | ₹28.62 | ₹10.04 | ₹3.70 | ₹20.90 |
| FY 2026 | ₹51.77 | - | ₹8.40 | - |
| Financial KPI (FY25/FY26)* | Value |
|---|---|
| Return on Equity (ROE) | 62.01% |
| Return on Capital Employed (ROCE) | 84.51% |
| EBITDA Margin | 22.78% (FY26) |
| PAT Margin | 13.07% (FY25) |
| Debt to Equity Ratio | 1.76 |
| Earnings Per Share (EPS) | ₹13.51 |
| Price/Earning (P/E) Ratio | 24.84x |
| Shareholder Category | Pre-IPO Holding | Post-IPO Holding |
|---|---|---|
| Promoter & Promoter Group | 75.00% | 55.13% |
| Public / Institutional / Others | 25.00% | 44.87% |
ENS Enterprises Limited is promoted by Manish Kumar Srivastava, Avinash Kumar Singh, and Anupam Kumar Srivastava. Post-issue, the promoter group will retain a solid majority holding of 55.13%, ensuring their continued commitment to the company's growth. The issue is a 100% fresh issue with no Offer for Sale (OFS), meaning the promoters are not offloading their personal stakes to the public.
| Company Name | Basic EPS (₹) | P/E Ratio | RoNW (%) |
|---|---|---|---|
| ENS Enterprises Ltd (IPO) | 13.51 | 24.84 | 62.01% |
| ASM Technologies Ltd | 22.33 | 155.69 | 15.08% |
| Infobeans Technologies Ltd | 19.25 | 32.10 | 16.09% |
| Silver Touch Technologies Ltd | 17.89 | 0.76 | 17.35% |
ENS Enterprises Limited presents a fast-growing, tech-driven opportunity in the digital commerce enablement and ONDC integration space. The company has demonstrated exponential top-line and bottom-line growth, with Total Income surging to ₹51.77 Crore and Profit After Tax (PAT) climbing to ₹8.40 Crore in FY26. The business operates with outstanding capital efficiency, reflected in a stellar 62.01% ROE and 84.51% ROCE alongside expanding EBITDA margins (22.78%). Priced at a post-issue P/E of 24.84x (at the upper price band of ₹92), the issue appears fairly valued when compared to listed industry peers like Infobeans Technologies (32.10x) and ASM Technologies (155.69x). With a 100% fresh issue routing capital directly into product development and IT infrastructure rather than providing a promoter exit, this IPO offers an attractive proposition for high-risk investors seeking exposure to digital transformation.
Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs), particularly SME platform issues, carry high market risks, illiquidity, and extreme volatility. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.
| Role / Entity | Contact & Details |
|---|---|
| 📋 IPO Registrar |
Abhipra Capital Limited
GF 58-59, World Trade Center, Barakhamba Lane, Connaught Place, New Delhi – 110001
Phone: 011-42390799
Email: cs@abhipra.com
Website: abhipra.com
|
| 🏢 Company Contact |
ENS Enterprises Limited
B-16, 2nd Floor, Sector – 63, NOIDA, Gautam Buddha Nagar, Uttar Pradesh – 201301
Phone: 0120-5105732
Email: cs@ens.enterprises
Website: ens.enterprises
|
| 💼 Merchant Banker |
Corporate Makers Capital Limited
611, 6th Floor, Pragati Tower, Rajendra Place, New Delhi – 110008
Phone: 011-41411600
Email: info@corporatemakers.in
Website: corporatemakers.in
|