EverestIMS Technologies Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on June 4, 2025.
EverestIMS Technologies Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the BSE SME. Oneview Corporate Advisors Pvt.Ltd. was the book running lead manager and Maashitla Securities Pvt.Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital-cum-Offer for Sale |
Fresh Issue | 55,32,000 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 4,74,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,70,44,578 shares |
Share Holding Post Issue | 2,25,76,578 shares |
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | Not less than 35.00% of the Net Issue |
NII Shares Offered | Not less than 15.00% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Tue, Feb 25, 2025 |
Offer document withdrawn | Wed, Jun 4, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post 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 | 5.5 | 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 |
KPI | Values |
---|---|
ROE | 40.30% |
ROCE | 40.71% |
RoNW | 33.53% |
PAT Margin | 23.66% |
The company intend to utilize the net proceeds of the Offer to meet the following objectives: -
EverestIMS Technologies Ltd.
No.759, Sree Gururaya Mansion
South Wing 8th Main,
J.P.Nagar, III Phase
Bengaluru, Karnataka, 560078
Phone: 080 - 46567100
Email: cs@everestims.com
Website: https://everestims.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
EverestIMS Technologies IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . 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 EverestIMS Technologies IPO listing is [.].
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