EverestIMS Technologies IPO: dates, price band, lot size and GMP
EverestIMS Technologies IPO closed on 5 Oct on the SME; price band ₹80 – ₹85, lot 1,600 shares, GMP ₹50 (+58.8% over the upper band). Allotment 6 Oct, listing 8 Oct.
Updated 6 Oct 2026, 14:03 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the EverestIMS Technologies IPO has a price band of ₹80 – ₹85, a lot of 1,600 shares and a grey-market premium of ₹50 (+58.8% over the upper band) as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 29 Sep – 5 Oct 2026 |
| Price band | ₹80 – ₹85 |
| Lot size | 1,600 shares |
| Issue size | ₹48.46 Cr |
| Fresh issue | ₹36.61 Cr |
| Offer for sale | ₹9.41 Cr |
| GMP (unofficial) | ₹50 |
| Subscription | 294.22x |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead managers | Oneview Corporate Advisors Pvt.Ltd. |
| Status | Closed, listing awaited |
Timeline
- Issue opens: 29 Sep
- Issue closes: 5 Oct
- Allotment: 6 Oct
- Refunds: 7 Oct
- Demat credit: 7 Oct
- Listing: 8 Oct
GMP today
Grey-market premium ₹50 per share (58.8% over the upper band of ₹85), estimated listing price about ₹135. Unofficial, dated, not a forecast. Day-by-day GMP trend.
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 148.63x |
| NII | 548.61x |
| sNII | 330.39x |
| bNII | 657.72x |
| Retail | 268.29x |
| Total | 294.22x |
Last updated 5 Oct 2026, 5:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹183.92 Cr |
| P/E (pre-issue) | 11.02x |
| P/E (post-issue) | 14x |
| Fresh issue (shares) | 43,07,200 |
| Offer for sale (shares) | 11,07,200 |
| Total shares offered | 54,14,400 |
| Promoter holding pre-issue | 80.38% |
| Promoter holding post-issue | 58.98% |
| Promoters | Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar, Deepak Gupta |
| Lead managers | Oneview Corporate Advisors Pvt.Ltd. |
| Registrar phone | 011-45121795 |
| Registrar email | ipo@maashitla.com |
| Company website | everestims.com |
| Anchor bid date | 28 Sep 2026 |
| Anchor lock-in ends (50%) | 5 Nov 2026 |
| Anchor lock-in ends (remaining) | 4 Jan 2027 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 3,200 | ₹2,72,000 |
| Retail (maximum) | 2 | 3,200 | ₹2,72,000 |
| sNII (minimum) | 3 | 4,800 | ₹2,72,000 |
| bNII (minimum) | 3 | 4,800 | ₹10,88,000 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 29.8% | 16,12,800 | |
| QIB | 20.1% | 10,88,000 | Not more than 50% of the Net Offer |
| NII (HNI) | 15.1% | 8,16,000 | Not less than 15.00% of the Net Issue |
| sNII | 5% | 2,72,000 | |
| bNII | 10% | 5,44,000 | |
| Retail | 35% | 18,97,600 | Not less than 35.00% of the Net Issue |
| Market Maker | 5.3% | 2,86,400 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 29 Sep | 0.00x | 0.11x | 0.09x | 0.13x | 0.22x | 0.13x |
| Day 2 · 30 Sep | 0.00x | 0.23x | 0.40x | 0.15x | 0.82x | 0.46x |
| Day 3 · 1 Oct | 0.87x | 1.50x | 1.69x | 1.40x | 2.27x | 1.70x |
| Day 4 · 5 Oct | 148.63x | 548.61x | 330.39x | 657.72x | 268.29x | 294.22x |
Key ratios as of 31 Mar 2024
| EPS (pre-issue) | ₹7.71 |
|---|---|
| EPS (post-issue) | ₹6.07 |
| P/E (pre-issue) | 11.02x |
| P/E (post-issue) | 14x |
| RoNW | 33.53% |
| RoCE | 40.71% |
| RoE | 40.3% |
| PAT margin | 23.66% |
| Price / book | 4.35x |
| NAV per share | ₹19.52 |
| Market cap (upper band) | ₹183.92 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 90.27 | 67.82 | 50.47 | +33.1% |
| Total Income | 65.91 | 57.78 | 45.62 | +14.1% |
| Profit After Tax | 13.14 | 14.08 | 10.83 | −6.7% |
| EBITDA | 23.34 | 22.64 | 17.44 | +3.1% |
| NET Worth | 60.59 | 47.41 | 32.22 | +27.8% |
| Reserves and Surplus | 43.54 | 30.37 | 30.39 | +43.4% |
About EverestIMS Technologies
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's products & services include AI for IT Operations (AIOps), Generative-AI IT Service Management (ITSM), IT Infrastructure Management (ITIM), Network Change and Configuration Management (NCCM), and IT Asset Management (ITAM).
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 '.
The company generates revenue mainly from: (i) software product sales and (ii) service sales.
As of December 31, 2024, the company employed 197 people.
Objects of the issue
- Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory — ₹5.66 Cr
- Working Capital Requirement — ₹24 Cr
- General Corporate Purposes
Net proceeds: ₹29.66 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| EverestIMS Technologies Limited (issuer) | 7.71 | 7.71 | 35.55 | — | 21.69% | — | Consolidated |
| Newgen Software Technologies Ltd | 21.38 | 21.24 | 126.4 | 23.45x | 16.91% | 3.98 | Consolidated |
Notes: The figures for the Newgen Software Technologies Limited (Peer Company) are taken from Annual Report for the financial year ended March 31, 2026 as available on the website of BSE, where the peer company is listed. Current Market Price (CMP) is the closing price of Peer Company as on September 11, 2026 available on the website of BSE, where the peer company is listed.
Strengths (per the offer document)
- Experienced core team supported by experienced and senior management team — Our company is driven by qualified and professional Promoters, who have extensive knowledge and understanding of the business environment and have the vision to organically scale up our business.
- Fully Integrated Platform — Our fully integrated “Infraon Infinity” platform provides a variety of modules and AI-powered features for both On-Premises and SaaS customers.
- Cordial relationship with our channel partners — As a channel partner-focused company, we empower our partners with comprehensive support and provide free training to ensure they fully understand our products and services, enabling them to offer…
- Diversified Platform Development and Market Expansion — We have developed our platform with a comprehensive range of offerings in ITIM, AIOPS, ITSM, ITAM, and OSS space.
Risk factors (as disclosed by the company)
- Our business may be adversely affected if we fail to adapt to rapid technological changes and evolving industry standards — Our success depends substantially on our ability to anticipate and respond to rapid technological changes in the Information Technology industry, develop and upgrade our products and service…
- We have had negative cash flows in the past from investing activities and financing activities — We have experienced negative cash flows from operating activities and investing activities and may, in the future, experience negative cash flows.
- We have not entered into formal agreements with some channel partners for joint sales strategies, which could have a material adverse effect on our business — The absence of comprehensive, legally binding contracts with all of our registered channel partners exposes us to potential risks such as uncertain partnership terms, unpredictable sales…
- Defects, errors, or disruptions in our software products and services, or potential misuse of our platforms, could result in liability, loss of customers — The services we provide to our clients, including Information Technology Service Management, IT Infrastructure Management, Network Configuration and Content Management, AI For IT Operations, IT…
- Our Company requires significant amounts of working capital for a continued growth — Our business is working capital intensive and requires a significant amount of working capital for smooth functioning.
- Our success depends largely on our ability to attract and retain skilled personnel — Our ability to thrive hinges significantly on our capacity to attract and retain highly skilled professionals, including engineers, operations managers, and sales and service staff.
- We do not own any premises, including our Registered Office and operate from coworking spaces, rely on lease agreements — Our Company has entered into lease agreements, license agreement and co-working agreements in relation to Registered Office and other co-working spaces.
- Our business operations are dependent on Information Technology systems which are vulnerable to cybersecurity threats, unauthorized access, and system failures — The success of our businesses depends in part upon our ability to effectively deploy, implement, and use information technology systems and advanced technology initiatives in a cost-effective and…
From the RHP (strengths page 161, risk factors pages 26–29). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- EverestIMS Technologies IPO GMP today and trend
- EverestIMS Technologies IPO subscription status, day by day
- EverestIMS Technologies IPO allotment status and how to check
Frequently asked questions
When does the EverestIMS Technologies IPO open and close?
The issue is scheduled for 29 Sep – 5 Oct 2026.
What is the EverestIMS Technologies IPO price band?
The price band is ₹80 – ₹85 per share with a lot size of 1,600 shares.
How big is the EverestIMS Technologies IPO?
The total issue size is ₹48.46 Cr, of which ₹36.61 Cr is a fresh issue and ₹9.41 Cr an offer for sale.
What is the EverestIMS Technologies IPO GMP today?
The grey-market premium reported today is ₹50 per share. GMP is an unofficial, unregulated indicator and not a prediction of the listing price.
When will EverestIMS Technologies list?
The tentative listing date is 8 Oct on the SME platform.
How do I apply for the EverestIMS Technologies IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), EverestIMS Technologies · as filed with SEBI · bseindia.com
- Red herring prospectus (RHP), EverestIMS Technologies · as filed · bsesme.com
- Registrar allotment page, Maashitla Securities Pvt.Ltd. · allotment 6 Oct · maashitla.com
- BSE SME issues page · listing 8 Oct · bsesme.com
- EverestIMS Technologies company website · everestims.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 6 Oct, 08:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “EverestIMS Technologies IPO”, https://buyunlistedshares.com/ipo/everestims-technologies-ipo, as of 06 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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