EverestIMS Technologies IPO
CLOSEDSMEEIMSBidding Closed
Allotment date reached
Allotment
06 Oct 2026
Listing
08 Oct 2026
- Price Band
- ₹80 – ₹85
- Lot Size
- 1,600
- Lot Value
- ₹1,36,000
- Open Date
- 29 Sep29 Sep 2026
- Close Date
- 05 Oct05 Oct 2026
- Min Investment
- ₹1,36,000
About EverestIMS Technologies
EverestIMS Technologies is an information technology company providing software products and services focused on IT operations and service management. The company delivers solutions across IT service management, IT infrastructure management, network configuration and content management, artificial intelligence for IT operations, IT asset management, and operations support systems. EverestIMS Technologies offers its customers multiple consumption models, providing both software as a service (SaaS) and on-premises software solutions to meet varying operational requirements. Its business involves integrating third-party open-source databases, operating systems, queuing engines, and development tools into customer deliverables. The company derives its revenue primarily from the sale of software products, software services, and hardware products to its client base, which includes large corporate customers. Additionally, the company serves clients overseas in countries such as the United Arab Emirates and Malaysia, alongside its domestic operations.
Use of IPO Proceeds
Total allocation: ₹29.66 Cr (excludes issue expenses)
Promoters
Satish Kumar Vijayaragavan
Managing Director · age 46
Pre-issue: 12.92%
Srikanth Audina
Pre-issue: 9.64%
Sudhakar Aruchamy
Chairman and Whole Time Director · age 45
Pre-issue: 9.64%
Deepak Kumar Shenbagarajan
Pre-issue: 9.64%
Ganesh Kumar Nagaiah
Pre-issue: 9.64%
Arun Prasath Ramadoss
Pre-issue: 9.64%
Deepak Gupta
Pre-issue: 9.64%
Ramesh Pratap Tiwari
Pre-issue: 9.64%
Investment Analysis
Quick Analysis: 5 strengths · 5 risk factors· Exchange: BSE SME
Strengths (5)
- •Offers multiple SaaS and on-premises software models.
- •Serves diverse overseas clients in the UAE and Malaysia.
- •Holds long-standing relationships with key corporate customers.
- •Adopts advanced technologies via a dedicated AI Laboratory.
- •Shows strong and consistent financial and revenue growth
Risk Factors (5)
- •High revenue dependence on the top 10 corporate customers.
- •Absence of formal agreements with some channel partners.
- •Past negative cash flows from investing and financing.
- •Software defects may cause liability and customer loss.
- •Open-source integration exposes the company to IP infringement claims.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 273.54x (QIB 148.63x, NII 406.31x, Retail 268.02x) at close
- GMP ₹50 (+58.8%), unofficial, as of 06 Oct 2026, 06:00 PM IST
GMP Trend
Latest: ₹50 (+58.82%)Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,36,000 |
| Retail (max) | 1 | 1,600 | ₹1,36,000 |
| S-HNI (min) | 2 | 3,200 | ₹2,72,000 |
| S-HNI (max) | 7 | 11,200 | ₹9,52,000 |
| B-HNI (min) | 8 | 12,800 | ₹10,88,000 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
|---|---|---|---|---|---|
| QIB | — | — | 0.87x | 0.87x | 148.63x |
| sNII (S-HNI) | — | — | — | — | — |
| bNII (B-HNI) | — | — | — | — | — |
| Retail | 0.21x | 0.90x | 2.27x | 2.27x | 268.02x |
| Total | 0.12x | 0.55x | 1.65x | 1.66x | 273.54x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
268.02x
Allotment Ratio
1 lot per 269 applicants
Allotment Probability
~0.4%
Non-Institutional Investors (NII / HNI)
Subscription
406.31x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
148.63x
Allotment Type
Discretionary allotment
Total Subscription
273.54x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
29 Sep 2026 · Tue
Issue Closes
05 Oct 2026 · Mon
UPI Deadline
05 Oct 2026 · Mon
Allotment
06 Oct 2026 · Tue
Refund
07 Oct 2026 · Wed · Today
Share Credit
07 Oct 2026 · Wed · Today
Listing
08 Oct 2026 · Thu · Tomorrow
Issue Opens
29 Sep 2026 · Tue
Issue Closes
05 Oct 2026 · Mon
UPI Deadline
05 Oct 2026 · Mon
Allotment
06 Oct 2026 · Tue
Refund
07 Oct 2026 · Wed · Today
Share Credit
07 Oct 2026 · Wed · Today
Listing
08 Oct 2026 · Thu · Tomorrow
IPO Details
| Registrar | — |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹48.46 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | — | 13.14 | — | — | 21.69% |
| FY25 | — | 14.08 | — | — | 29.69% |
| FY24 | — | 10.83 | — | — | 33.61% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| EBITDA | 17.44 | 22.64 | 23.34 |
| Net Worth | 32.22 | 47.41 | 60.59 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
—
Price ÷ EPS
EPS (FY26)
—
Earnings per share
RoNW
21.69%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
—
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
12 sections extracted from this filingCapital Structure
Capital structure not disclosed in this filing.The capital-structure table was not found in EverestIMS Technologies's offer document (common in abridged prospectuses).
Shareholding Pattern
Pre-Issue
- Satish Kumar Vijayaragavan(Promoter)+12.92%
- Srikanth Audina(Promoter)+9.64%
- Sudhakar Aruchamy(Promoter)+9.64%
- Ramesh Pratap Tiwari(Promoter)+9.64%
- Ganesh Kumar Nagaiah(Promoter)+9.64%
- Deepak Kumar Shenbagarajan(Promoter)+9.64%
- Deepak Gupta(Promoter)+9.64%
- Arun Prasath Ramadoss(Promoter)+9.64%
- Prakash Bhat(Employee)+1.94%
- Abhirup Sarkar(Employee)+2.71%
- Praveen Kumar Sinha(Employee)+2.32%
- Ramya Sellamuthu(Employee)+1.16%
- Samaresh Mandal(Public)+1.55%
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in EverestIMS Technologies's filing.
Source: EverestIMS Technologies offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+50.00%
- NII / HNI+15.00%
- Retail+35.00%
OFS Selling Shareholders
- Satish Kumar Vijayaragavan11,10,400 sh
- Srikanth Audina11,10,400 sh
- Sudhakar Aruchamy11,10,400 sh
- Ramesh Pratap Tiwari11,10,400 sh
- Ganesh Kumar Nagaiah11,10,400 sh
- Deepak Kumar Shenbagarajan13,12,000 sh
- Deepak Gupta11,10,400 sh
- Arun Prasath Ramadoss14,32,000 sh
- Abhirup Sarkar4,32,000 sh
- Prakash Bhat3,36,000 sh
- Praveen Kumar Sinha3,84,000 sh
- Ramya Sellamuthu2,40,000 sh
- Samaresh Mandal3,12,000 sh
Source: EverestIMS Technologies offer document (DRHP/RHP).
Board & Management
Board & management not disclosed in this filing.Director/KMP details were not extracted from EverestIMS Technologies's filing.
Industry & Market
Per The Insight Partners, a report commissioned by the company (not independent).
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| EverestIMS Technologies Ltd | — | 7.71 | 21.69 | 35.55 |
| Newgen Software Technologies Ltd | 23.45 | 21.38 | 16.91 | 126.4 |
Documents
Frequently Asked Questions
When is the EverestIMS Technologies IPO opening?
The EverestIMS Technologies IPO opens on 29 Sep 2026 and closes on 05 Oct 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the EverestIMS Technologies IPO?
The price band for the EverestIMS Technologies IPO is ₹80 to ₹85. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the EverestIMS Technologies IPO?
The minimum lot size is 1600 shares with a minimum investment of ₹1,36,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of EverestIMS Technologies IPO today?
The latest Grey Market Premium for EverestIMS Technologies is ₹50 (+58.82%). GMP is unofficial data and is not a guarantee of listing price.
When will the EverestIMS Technologies IPO list on NSE and BSE?
The EverestIMS Technologies IPO is expected to list on 08 Oct 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the EverestIMS Technologies IPO allotment status?
You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the EverestIMS Technologies IPO a mainboard or SME issue?
EverestIMS Technologies is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the EverestIMS Technologies IPO?
You can apply for the EverestIMS Technologies IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of EverestIMS Technologies IPO?
The GMP-implied price (unofficial, not a forecast) is ₹135: the upper price band of ₹85 plus the latest grey market premium of ₹50, as of 06 Oct 2026, 06:00 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for EverestIMS Technologies IPO?
Based on the retail subscription of 268.02x, the estimated allotment ratio is 1 lot per 269 applicants (approximately 0.4% chance of allotment). This is an estimate and actual allotment may vary.
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