EverestIMS Technologies IPO Details

Bookbuilding IPO | ₹48 Cr | Listing at BSE SME | Tue, Sep 29, 2026 - Mon, Oct 5, 2026

IPO Details

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EverestIMS Technologies IPO is a book build issue of ₹48.46 crores. The issue is a combination of fresh issue of 45.94 lakh shares aggregating to ₹39.05 crores and offer for sale of 11.07 lakh shares aggregating to ₹9.41 crores.

EverestIMS Technologies IPO opens for subscription on Sep 29, 2026 and closes on Oct 5, 2026. The allotment for the EverestIMS Technologies IPO is expected to be finalized on Oct 6, 2026. EverestIMS Technologies IPO will list on the BSE SME with a tentative listing date fixed as Oct 8, 2026.

EverestIMS Technologies IPO is set issue price band at ₹80 to ₹85 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,72,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,08,000.

Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is KG Stock Broking Pvt.Ltd.

Refer to EverestIMS Technologies IPO RHP for detailed Information.

IPO Open

Tue, Sep 29, 2026

IPO Close

Mon, Oct 5, 2026

Price Band

₹80 to ₹85

Market Cap*

₹183.92 Cr * on Upper Price

IPO Details

IPO Date

29 Sep to 5 Oct, 2026
Listing Date

Thu, Oct 8, 2026
Face Value

₹10 per share
Price Band

₹80 to ₹85
Lot Size

1,600 Shares
Sale Type

Fresh capital cum OFS
Issue Type

Bookbuilding IPO
Listing At

BSE SME

Total Issue Size

57,00,800 shares (agg. up to ₹48 Cr)
Reserved for Market Maker

2,86,400 shares (agg. up to ₹2 Cr) KG Stock Broking Pvt.Ltd.
Fresh Issue (Ex Market Maker)

43,07,200 shares (agg. up to ₹37 Cr)
Offer for Sale

11,07,200 shares of ₹10 (agg. up to ₹9 Cr)
Fresh Issue (Ex Market Maker)

27,33,600 shares (agg. up to ₹32 Cr)
Net Offered to Public

54,14,400 shares (agg. up to ₹46 Cr)
Share Holding Pre Issue

1,70,44,578 shares
Share Holding Post Issue

2,16,38,178 shares

IPO Timetable (Tentative)

IPO Open

Tue, Sep 29, 2026
Allotment

Tue, Oct 6, 2026
Credit of Shares

Wed, Oct 7, 2026

IPO Close

Mon, Oct 5, 2026
Refund

Wed, Oct 7, 2026
Listing

Thu, Oct 8, 2026

Issue Reservation

EverestIMS Technologies IPO comprises a total issue size of 57,00,800 shares. The net offer to the public is 54,14,400 shares, after excluding 2,86,400 shares allotted on a firm basis. Of the Net offer 27,00,800 (49.88%) are allocated to QIB, 8,16,000 (15.07%) allocated to NII 18,97,600 (35.05%) allocated to RII.

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	27,00,800	49.88%	47.38%
− Anchor Investor	16,12,800		28.29%
− QIB (Ex. Anchor)	10,88,000		19.09%
NII (HNI)	8,16,000	15.07%	14.31%
− bNII > ₹10L	5,44,000		9.54%
− sNII < ₹10L	2,72,000		4.77%
Retail	18,97,600	35.05%	33.29%
Firm Reservations
Market Maker	2,86,400		5.02%
Total	57,00,800	100.00%	100.00%

IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.

Application	Lots	Shares	Amount
Individual investors (IND) (Min)	2	3200	₹2,72,000
Individual investors (IND) (Max)	2	3200	₹2,72,000
S-HNI (Min)	3	4800	₹4,08,000
S-HNI (Max)	7	11200	₹9,52,000
B-HNI (Min)	8	12800	₹10,88,000

About EverestIMS Technologies Ltd.

Incorporated in April 2017, EverestIMS Technologies Limited is a software enterprise that offers both Software as a Service (SaaS) solutions and on-premise products and services. The company specializes in digital transformation, IT operations, and AI-driven product solutions to streamline IT processes, improve efficiency, and enhance user experiences. The company offers solutions for remote monitoring of critical network devices, servers, and applications, reducing downtime and improving IT operations with its platform ‘Infraon Infinity‘.

Products and Services

Information Technology Service Management (ITSM)
IT Infrastructure Management (ITIM)
Network Configuration and Change Management (NCCM)
AI For IT Operations (AIOPS)
IT Asset Management (ITAM)
Operation Support System (OSS)

The company engage in direct sales through both the Company and their subsidiary, Infraon Corp, located in the USA. In addition, they engage with domestic & international channel partners, distributors and sales agents who identify potential customers, work jointly with them to qualify and close deals.

The company generates revenue mainly from: (i) software product sales and (ii) service sales.

As of March 31, 2026, the company employed 230 people.

Competitive Strength

Experienced core team supported by experienced and senior management team.
The “Infraon Infinity” platform offers AI-driven modules for On-Premises and SaaS customers.
Cordial relationship with the channel partners.
Diversified Platform Development and Market Expansion.

Company Financials (Restated Consolidated)

EverestIMS Technologies Ltd.’s revenue increased by 14% and profit after tax (PAT) dropped by 7% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	90.27	67.82	50.47
Total Income	65.91	57.78	45.62
Profit After Tax	13.14	14.08	10.83
EBITDA	23.34	22.64	17.44
NET Worth	60.59	47.41	32.22
Reserves and Surplus	43.54	30.37	30.39

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory

5.66
2 Working Capital Requirement

24.00
3 General Corporate Purposes
Total

29.66

Key Performance Indicator (KPI)

KPI	Mar 31, 2024
ROE	40.30%
ROCE	40.71%
RoNW	33.53%
PAT Margin	23.66%
NAV	19.52
Price to Book Value	4.35

IPO Valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	7.71	6.07
P/E (x)	11.02	14
Market Cap at Offer Price	₹144.88 Cr.	₹183.92 Cr

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category	Pre IPO	Post IPO
Promoter and Promoter Group	80.38%	58.98%
Public	19.62%	41.02%
Total	100%	100%

Company Promoters: Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar and Deepak Gupta.

Offer For Sale – Selling Shareholders

Name	Category	No. of Shares Offered	Amount (₹ cr.)
Satish Kumar Vijayaragavan	Promoter	1,10,400	0.94
Srikanth Audina	Promoter	1,10,400	0.94
Sudhakar Aruchamy	Promoter	1,10,400	0.94
Ramesh Pratap Tiwari	Promoter	1,10,400	0.94
N.Ganesh Kumar	Promoter	1,10,400	0.94

EverestIMS Technologies IPO Recommendations

Review By	Subscribe	May Apply	Neutral	Avoid
Brokers	0	0	0	0
Members	0	0	0	0

IPO Notices

Please find Addendum to DRHP here

IPO Registrar

Maashitla Securities Pvt.Ltd.

011-45121795
ipo@maashitla.com
Visit Website

IPO Lead Manager(s)

Oneview Corporate Advisors Pvt.Ltd.

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

EverestIMS Technologies Ltd. Address

No.759, Sree Gururaya Mansion

South Wing 8th Main,

J.P.Nagar, III Phase

Bengaluru, Karnataka, 560078

080 – 46567100
cs@everestims.com
Visit Website

IPO FAQs

What is the EverestIMS Technologies IPO?

EverestIMS Technologies IPO is a SME IPO of 57,00,800 equity shares of the face value of ₹10 aggregating up to ₹48 Crores. The issue is priced at ₹80 to ₹85. The minimum order quantity is 1600.

The IPO opens on Tue, Sep 29, 2026, and closes on Mon, Oct 5, 2026.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply in EverestIMS Technologies IPO through Angel One?

Angel One customers can apply online in EverestIMS Technologies IPO using UPI as a payment gateway. Angel One customers can apply in EverestIMS Technologies IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in EverestIMS Technologies IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘EverestIMS Technologies IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When EverestIMS Technologies IPO will open?

The EverestIMS Technologies IPO opens on Tue, Sep 29, 2026 and closes on Mon, Oct 5, 2026.

What is the lot size of EverestIMS Technologies IPO?

EverestIMS Technologies IPO lot size is 1600, and the minimum amount required for application is ₹2,72,000, with 2 lots being the minimum application size.

How to apply for EverestIMS Technologies IPO?

You can apply in EverestIMS Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is EverestIMS Technologies IPO allotment?

The finalization of Basis of Allotment for EverestIMS Technologies IPO will be done on Tuesday, October 6, 2026, and the allotted shares will be credited to your demat account by Wed, Oct 7, 2026. Check the EverestIMS Technologies IPO allotment status.

When is EverestIMS Technologies IPO listing date ?

The EverestIMS Technologies IPO listing date is not yet announced. The tentative date of listing is Thu, Oct 8, 2026.