ENS Enterprises Ltd IPO

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 companys 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 companys 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 companys 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 companys 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.

The companys currently does not hold any registered Intellectual Property Rights in its name, and this may affect the companys ability to obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

Anupam Kumar Srivastava, one of the companys Promoters and a significant shareholder, has resigned from the office of Whole-Time Director of the Company. Any adverse impact arising from his cessation from management may affect its business operations and future growth prospects.

The companys Promoters has extended their personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.

Registered Office of the Company is located on rental premises. If the company is unable to renew such rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on its business, results of operations and financial condition.

If the company is unable to collect its receivables from, or bill the companys unbilled services to, its clients, the companys results of operations and cash flows could be materially adversely affected.