S S Khera, ICS, the Cabinet Secretary, Government of India, had conceived the idea of a research institution that would undertake a systematic and sustained study of issues relevant to the formulation of policies towards public enterprises.
In 1995, the institute started a two-year full-time Post Graduate Diploma in Business Management (PGDBM).
Seven universities have recognized the institute for the guidance of Ph.D. students in the field of Commerce, Economics, Management & Public Administration.
R K Mishra was conferred with "CSR Eminent Directors of Leading Institutes Award" for the year 2016.
3.Institute of Public Enterprise (IPE) has been awarded the Five Star category recognition by Green Rating for Integrated Habitat Assessment (GRIHA) in its convention on February2016, in New Delhi.