EverestIMS Technologies IPO
Upcoming29 Sep – 5 Oct 2026
What stands out in the offer document
The five questions
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1How it makes money₹99 of every ₹100 comes from India and UAE.
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2Is it growing, and is profit turning into cash?Sales rose 44% from 2024 to 2026 (₹45.2 cr → ₹65.1 cr). Over 3 years it made ₹38 cr of profit and brought in ₹17.2 cr of cash from operations.
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3How much cushion does it have?It owes ₹0.00 for every ₹1 of its own money. The line for it services / software is ₹0.5.
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4What you pay, and who gets the moneyOf every ₹100 raised, ₹19 goes to existing shareholders selling. At ₹85 you pay about ₹11 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 80% before the IPO. The document discloses 1 legal matter.
Latest update:
Price band ₹80–₹85 · Closes 5 Oct 2026 · Allotment 6 Oct 2026 (Confirmed) · Lists 8 Oct 2026 (Expected)
What EverestIMS Technologies does
EverestIMS Technologies Limited is a software company that provides both Software as a Service (SaaS) and on-premises products and services. The company specializes in digital transformation, IT Operation and Service Management incorporating AI enabled product solutions to help businesses streamline their IT operations, improve efficiency, and enhance user experiences.
EverestIMS Technologies financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 45 | 57 | 65 | |
| Operating Profit | 17 | 23 | 23 | |
| OPM % | 38.2% | 39.2% | 35.4% | |
| Net Profit | 11 | 14 | 13 | |
| Total Debt | 0 | 0 | 0 |
EverestIMS Technologies IPO offer structure
Total: ₹48 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory: ₹6 cr
- Funding of Working Capital Requirement: ₹24 cr
- General corporate purposes
EverestIMS Technologies promoters and holding
- Mr. Satish Kumar Vijayaragavan: Managing Director
- Mr. Sudhakar Aruchamy: Chairman and Whole Time Director
- Mr. Arun Prasath Ramadoss: Whole Time Director
- Mr. Ramesh Pratap Tiwari: Whole Time Director
- Mr. Deepak Kumar Shenbagarajan: Whole Time Director
EverestIMS Technologies strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Experienced core team supported by experienced and senior management team. (p.161)
- Fully Integrated Platform providing a variety of modules and AI-powered features. (p.161)
- Cordial relationship with our channel partners. (p.161)
- Diversified Platform Development and Market Expansion. (p.161)
- Our business may be adversely affected if we fail to adapt to rapid technological changes and evolving industry standards. (p.26)
- We have had negative cash flows in the past from investing activities and financing activities. (p.27)
- We have not entered into formal agreements with some channel partners for joint sales strategies. (p.27)
- Defects, errors, or disruptions in our software products and services, or potential misuse of our platforms, could result in liability. (p.28)
- Our Company requires significant amounts of working capital for a continued growth. (p.28)
EverestIMS Technologies peer comparison: DRHP median P/E 23.4x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Newgen Software Technologies Ltd | — | 23.4x | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
EverestIMS Technologies market and competition
We operate in a competitive atmosphere. Some of our competitors may have greater resources than those available to us. We face fair competition from both organized and unorganized players in the market.
EverestIMS Technologies outlook, as the document states it
The company plans to continue its focus on Product-Led Growth (PLG) by continuously improving its SaaS and On-Premises platform. It aims to drive new customer sales across various verticals including government, telecom, mid-sized organizations, SMBs, and large enterprises. Additionally, the company plans to expand its global presence in countries like UAE and Malaysia.
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EverestIMS Technologies IPO: common questions
When does the EverestIMS Technologies IPO open and close?
The EverestIMS Technologies IPO is open from 29 Sep 2026 to 5 Oct 2026.
What is the EverestIMS Technologies IPO price band?
The price band is ₹80–₹85 per share.
What is the lot size and minimum investment for the EverestIMS Technologies IPO?
One lot is 1600 shares, and a retail application must be at least one lot. That is about ₹2,72,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the EverestIMS Technologies IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 6 Oct 2026, refund/unblock around 7 Oct 2026 and listing around 8 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the EverestIMS Technologies IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. Bidding opens 29 Sep 2026. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 712 SME IPOs that have listed on the NSE since 2016, 564 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.