Aliceblue ANT
Aliceblue ANTInstall and trade smarter everywhere
E

ENS Enterprises Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the ENS Enterprises Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹92

Per Share

Lot Size

1200 Shares

Minimum Investment

₹1,10,400

Issue Size

₹33.14 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35.01%

QIB Quota

49.98%

NII Quota

15.01%

IPO Timeline

Important dates for your applying strategy.

IPO Opens14 Aug
IPO Closes18 Aug
Basis of Allotment19 Aug
Refund Initiation20 Aug
Shares Credited20 Aug
Listing Date21 Aug
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)9.44x
Non-Institutional Investors (NII)17.18x
Retail Individual Investors (RII)11.03x
Overall Subscription12.27x

ENS Enterprises Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

75%

Promoter Holding (Post-Issue)

55.14%

Issue Type

Book Building - SME

ISIN

INE23ER01017

About the Company

Our Company is an ISO 27001:2022 & ISO 9001:2015 certified Technology Company engaged in providing end-to-end digital commerce enablement and software solutions. Established in 2016, and headquartered in Uttar Pradesh, India, our Company has built a strong presence in both domestic and international markets, serving clients across 12+ countries with the support of a team of over 140 professionals. With a vast portfolio of successfully delivered projects, our Company has established itself as a trusted technology partner for a wide range of corporates, SMEs, and government-backed initiatives."

Industry Overview

The Indian Information Technology/ Software industry is a global powerhouse today, and its impact on India has been incomparable. It has contributed immensely in positioning the country as a preferred investment destination amongst global investors and creating hug job opportunities in India, as well as in the USA, Europe and other parts of the world. In the last decade, the industry has grown many folds in revenue terms, and relative share to India's GDP is around 7.3 percent in FY2024-25. India is the topmost off-shoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India. Indian IT/Software industry offers cost-effectiveness, great quality, high reliability, speedy deliveries and, above all, the use of state-of-the-art technologies globally.

Company History

Our Company was originally incorporated as a Private Limited Company under the name of "ENS Enterprises Private Limited" on January 07, 2016 under the provisions of the Companies Act, 2013 vide Certificate of Incorporation issued by the Registrar of Companies, Kanpur. Pursuant to the resolution passed by the shareholders at Extra-Ordinary General Meeting held on May 05, 2025, the Company was converted into a Public Limited Company, and its name was changed from "ENS Enterprises Private Limited" to "ENS Enterprises Limited" and a fresh Certificate of Incorporation consequent to the conversion was issued by the Registrar of Companies, Central Processing Centre, dated May 08, 2025.The CIN of our Company is U74120UP2016PLC075577.

Growth Strategy

  • Strengthening and Expanding Client Relationships.
  • Attracting, Building and Retaining Top Talent.
  • Strengthening Marketing & Sales Through Technology-Driven Strategies.
  • Infrastructure Investments for Scalability.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures
Financial Performance Categories

Revenue

+285%vs FY23

Amount in ₹ crore

7.36
10.1
28.3
FY23FY24FY25

Profit After Tax (PAT)

+561%vs FY23

Amount in ₹ crore

0.56
0.90
3.70
FY23FY24FY25

Total Assets

+1088%vs FY23

Amount in ₹ crore

1.76
3.67
20.9
FY23FY24FY25

Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public issue of upto 36,02,400 equity shares of face value of Rs.10/- each of ENS Enterprises Limited for cash at a issue price of Rs. 92 per equity share (including a premium of Rs. 82 per equity share) ("Issue Price") aggregating up to Rs. 33.14 Crores comprising of fresh issue of up to 36,02,400 equity shares aggregating to Rs. 33.14 Crores ("Fresh Issue") ("the Issue") and upto 1,81,200 equity shares at an issue price of Rs. 92 per share aggregating to Rs. 1.67 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of up to 34,21,200 equity shares of face value of Rs. 10/- each at an issue price of Rs. 92 per equity share aggregating to Rs. 31.48 Crores ("Net Issue"). The issue and the net issue will constitute 26.50% and 25.17% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10/- each. Price Band: Rs. 92 per equity share of face value of Rs. 10/- each. The floor price is 9.2 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Experienced Management Expertise.
  • Established Relationships with Client Base.
  • Recognized Technology Service Provider (TSP) for ONDC.
  • Diverse Digital Commerce Portfolio.
  • Skilled and Multi-Disciplinary Workforce.
  • Substantial portion of the company's revenues has been dependent on few customers. Further the company does not have any long-term commitments from customers and any failures to continue its existing arrangements or loss of any one or more of the company's major clients would adversely affect its business and results of operations.
  • There have been certain instances of Delays in Filing with Registrar of Companies, non-filing, or partial compliance with the requirements of certain statutory authorities and applicable regulatory provisions.
  • There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on the company's reputation, business, financial condition, results of operations and cash flows.
  • There are certain instances of delays in payment of statutory dues. Any delay in payment of statutory dues or non-payment of statutory dues in dispute may attract financial penalties from the respective government authorities, which may have an adverse impact on the company's financial condition and cash flows.
  • The company has experienced negative cash flows and any negative cash flows in the future could adversely affect its financial conditions and results of operations.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.