ENS Enterprises Rs 33.14 Crore IPO to Open on August 14; Price Band Set at Rs 87 to Rs 92

ENS Enterprises Rs 33.14 Crore IPO to Open on August 14; Price Band Set at Rs 87 to Rs 92

The book-building issue comprises a fresh issue of up to 36,02,400 equity shares.

Key Takeaways

ENS Enterprises Limited, a Noida-based technology company offering digital commerce enablement and software solutions, is set to launch its Rs.33.14 crore Initial Public Offering (IPO) on August 14, 2026. The IPO will remain open for subscription until August 18, 2026, and the company is proposed to be listed on the BSE SME platform.

The book-building issue comprises a fresh issue of up to 36,02,400 equity shares. The price band has been fixed at Rs.87-Rs.92 per equity share, with a lot size of 1,200 shares. Individual investors will need to apply for a minimum of 2 lots, or 2,400 shares, taking the application amount above Rs.2,00,000. For Non-Institutional Investors, applications need to be for more than 2 lots and exceed Rs.2,00,000.

ENS Enterprises plans to use Rs.17.02 crore from the net IPO proceeds for enhancing, maintaining and upgrading its existing products, including manpower hiring. Another Rs.6.75 crore will be allocated towards upgrading IT infrastructure, while Rs.1.20 crore will be used for repayment of borrowings. The balance will be utilised for general corporate purposes, subject to applicable regulatory limits.

Corporate Makers Capital Limited is the Book Running Lead Manager for the issue, while Abhipra Capital Limited is the Registrar. The basis of allotment is expected to be finalised by August 19, 2026.

The company reported a significant improvement in its financial performance in FY26. Total income increased to Rs.51.77 crore from Rs.28.62 crore in FY25, while revenue from operations rose to Rs.51.37 crore from Rs.28.36 crore. EBITDA more than doubled to Rs.11.71 crore from Rs.5.48 crore, and Profit After Tax (PAT) increased to Rs.8.40 crore from Rs.3.70 crore. The EBITDA margin also improved to 22.78 per cent in FY26 from 19.35 per cent in FY25.

ENS Enterprises provides digital technology solutions spanning digital commerce, software development, ONDC integrations, cloud and DevOps, mobile applications and digital marketing. Its business model combines project-based revenue with recurring income from SaaS products and support retainerships. The company serves clients across more than 12 countries and has a team of over 140 professionals.

The company said the IPO will help strengthen its product capabilities, upgrade its technology infrastructure and support expansion across domestic and international markets. Its focus areas include research and development, SaaS offerings, customised technology solutions, application management and building long-term client relationships.

The company is looking to expand its recurring revenue base while strengthening its presence across key markets. Its integrated technology capabilities and focus on digital commerce and software solutions are expected to remain central to its growth strategy.

IPO Timeline: ENS Enterprises IPO will open on August 14, 2026, and close on August 18, 2026. The issue price is fixed at Rs.87-Rs.92 per share, with a total issue size of up to Rs.33.14 crore and a lot size of 1,200 shares.

Disclaimer: The article is for informational purposes only and not investment advice.