Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
EverestIMS Technologies Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with the exchange on March 5, 2026 to raise funds through Initial Public Offer (IPO).
The initial submission on February 25, 2025 was withdrawn by the company on June 4, 2025 prompting the company to refile the documents.
EverestIMS Technologies Ltd. IPO is a Book Build Issue of 0.57 crore equity shares consisting of a fresh issue of upto 0.46 crore equity shares and an offer for sale (OFS) of upto 0.11 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to EverestIMS Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 57,00,800 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 45,93,600 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 11,07,200 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,70,44,578 shares |
| Share Holding Post Issue | 2,16,38,178 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Feb 25, 2025 |
| Offer document withdrawn | Wed, Jun 4, 2025 |
| Filed with SEBI/Exchange | Thu, Mar 5, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
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.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.69 | 50.47 | 36.96 | 23.38 |
| Total Income | 23.39 | 45.62 | 34.46 | 23.13 |
| Profit After Tax | 4.12 | 10.79 | 5.50 | 4.33 |
| NET Worth | 37.42 | 32.19 | 21.38 | 15.83 |
| Reserves and Surplus | 35.52 | 30.36 | 19.55 | 15.37 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in New Capabilities | 2.97 |
| 2 | Purchase of IT hardware and subscription of cloud services | 4.14 |
| 3 | Funding of Working Capital Requirement | 35.00 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.30% |
| ROCE | 40.71% |
| RoNW | 33.53% |
| PAT Margin | 23.66% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 84.48% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees including underwriting | |
| 2 | Brokerage, selling commission and other uploading fees | |
| 3 | Fees payable to Registrar to the Offer | |
| 4 | Fees to the legal counsel and other professional fees | |
| 5 | Statutory Advertising and expenses | |
| 6 | Fees payable to regulators including stock exchange | |
| 7 | Printing and stationary expenses |
Lead Manager Reports
EverestIMS Technologies IPO is a SME IPO of 57,00,800 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The EverestIMS Technologies IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in EverestIMS Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in EverestIMS Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in EverestIMS Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The EverestIMS Technologies IPO dates are not announced. Please check back again after some time.
EverestIMS Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for EverestIMS Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the EverestIMS Technologies IPO allotment status.
The EverestIMS Technologies IPO listing date is not yet announced. The tentative date of listing is .
