ENS ENterprises Limited IPO — Subscription & GMP
Grey market premium
—
Est. listing gain
—
Subscribed
12.25×
exchange data · 35 d ago
Min. investment
₹1,10,400
1200 shares × ₹92
- Price band
- ₹87 – ₹92
- Lot size
- 1200
- Issue size
- ₹23.7 Cr
- Bidding
- 14 Aug 2026 → 18 Aug 2026
- Allotment
- —
- Listing
- 21 Aug 2026
Listing outcome
Official exchange pricesListed at₹96vs ₹92 issue price
+4.35%listing gain
Listing date21 Aug 2026
Day 1 close₹101 (+5.00%)
SourceExchange bhavcopy
No grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.
Schedule
- 14 Aug 2026IPO open date
- 18 Aug 2026IPO close date
- 19 Aug 2026Allotment date†
- 19 Aug 2026Funds unblock or debit†
- 21 Aug 2026Tentative listing date
† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.
Fundamentals
The business, its valuation and returnsBusiness Model of ENS Enterprises Limited
ENS Enterprises Limited is a Noida-based technology company that provides end-to-end digital commerce enablement and customized IT solutions to corporates, SMEs, and government-linked initiatives across more than 12 countries.
- Core Offerings: The company delivers a broad spectrum of digital services, including e-commerce development, custom software and mobile application development, digital marketing, cloud hosting, and DevOps. Furthermore, it actively invests in next-generation research surrounding AI/ML, Generative AI, predictive analytics, and blockchain.
- Key Differentiator (ONDC Integration): A major pillar of its business is its early-mover advantage in India's Open Network for Digital Commerce (ONDC). As an empanelled Technology Service Provider since 2022, ENS Enterprises facilitates buyer and seller app integrations, logistics and payment modules, and enterprise onboarding, creating highly "sticky" client relationships due to the complex, compliance-heavy nature of these integrations.
- Revenue Generation (Hybrid Model): The company operates on a hybrid revenue model. While it traditionally relies heavily on one-off, project-based development fees (which formed the majority of its FY26 revenue), it strategically combines this with a growing base of recurring income generated from its proprietary Software-as-a-Service (SaaS) products, managed services, and long-term support retainerships.
We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.
GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.
Grey market premium
Unofficial · not from any exchangeNo grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.
Subscription status
Live from BSE · fetched 849 hr agoOverall subscribed
12.25×
exchange data, 35 d ago
QIB
9.44×
64.55 L of 6.84 L shares
NII
17.18×
1.19 Cr of 6.95 L shares
Retail
11.00×
1.32 Cr of 11.98 L shares
| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers (QIBs) | 6.84 L | 64.55 L | 9.44× |
| 1(a)Foreign Institutional Investors (FIIs) | — | — | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | — | — |
| 1(c)Mutual Funds | — | — | — |
| 1(D)Others | — | 64.55 L | — |
| 2Non Institutional Investors | 6.95 L | 1.19 Cr | 17.18× |
| 2(a)Corporates | — | 5.72 L | — |
| 2(b)Individuals (Other than RIIs) | — | 1.08 Cr | — |
| 3Retail Individual Investors (RIIs) | 11.98 L | 1.32 Cr | 11.00× |
| 3(a)Cut Off | — | — | — |
| 3(b)Price Bids | — | 1.32 Cr | — |
| 4Employee Reserved | — | 0 | — |
| 4(a)Employee (Cut off) | — | — | — |
| 4(b)Employee (Price) | — | — | — |
| 5Reservation PortionShareholder | — | 0 | — |
| 5(a)RPS (Cut off) | — | — | — |
| 5(b)RPS (Price) | — | — | — |
| Total | 25.76 L | 3.16 Cr | 12.25× |
Source: NSE issue information · BSE public issue
Demand curve
Shares bid at each price point · BSE₹87 → ₹92 · peak 3.16 Cr shares bid
Allotment status
You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹87 – ₹92
- Lot size
- 1200 shares
- Min. bid quantity
- 2400
- Face value
- ₹10.00
- Tick size
- ₹1.00
- Shares offered
- 25.76 L
- Issue size
- ₹23.7 Cr
- Max bid · QIB
- 23.95 L
- Max bid · NII
- 17.11 L
Timeline & process
- Bidding opens
- 14 Aug 2026
- Bidding closes
- 18 Aug 2026
- Allotment
- —
- Listing
- 21 Aug 2026
Intermediaries
- Registrar
- Abhipra Capital Limited
- Sponsor bank
- ICICI BANK
- Lead managers
- Corporate Makers Capital Limited