IPO · Enterprise Software & IT
ENS Enterprises launches Rs 33 crore SME IPO
By Startup Enthusiast ·
- Date
- Company
- ENS Enterprises
- What it does
- Digital technology and e-commerce solutions provider
- Kind
- IPO
- Amount
- Rs 33.14 crore
- Stage
- IPO
- Based in
- Noida
- Sector
- Enterprise Software & IT
What they do
ENS Enterprises provides end-to-end digital technology services including software development, cloud computing, mobile applications, and digital marketing…
What happened
The Noida-based company is launching an initial public offering (IPO) worth Rs 33.14 crore on the BSE SME platform to fund product upgrades and debt repayment
Why it matters
The company reported a profit after tax of Rs 8.40 crore in FY26, signaling growth as it expands its digital technology and e-commerce offerings
The details
- ENS Enterprises is launching an initial public offering (IPO) to raise Rs 33.14 crore.
- The subscription period for the public issue opens on August 14 and closes on August 18.
- The company has fixed a price band of Rs 87-92 per equity share for the issue.
- The IPO consists entirely of a fresh issue of 36.02 lakh equity shares.
- Proceeds will be used for product enhancement, IT infrastructure upgrades, and debt repayment.
- The company's shares will be listed on the BSE SME platform.
The bigger picture
- The company aims to strengthen its technology capabilities and support long-term client relationships.
- The IPO provides capital to scale digital technology offerings and maintain existing products.
About the business
- ENS Enterprises provides digital technology solutions for e-commerce and enterprise clients.
- Core services include software development, cloud and DevOps, and mobile application creation.
- The company offers digital marketing services to help clients grow their online presence.
- The firm is based in Noida and serves a diverse range of digital commerce clients.
What happens next
- Invest Rs 17.02 crore in product enhancement and manpower hiring.
- Allocate Rs 6.75 crore for IT infrastructure upgrades.
- Utilize Rs 1.2 crore for the repayment of existing debt.
The deal
- Type
- IPO
Founders
- Avinash Kumar Singh, Promoter
- Manish Kumar Srivastava, Promoter
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