Overview
Updated 3 days agoEverestIMS Technologies Limited is an IT software company providing both SaaS and on-premise products and services, specializing in digital transformation and IT operations management. The company's flagship platform, 'Infraon Infinity', enables businesses to monitor critical network devices, servers, and applications to streamline IT operations.
The red bar is the price band. GMP-implied price is an unofficial grey-market number, not a forecast.
How much to apply
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,36,000 |
| bNII (min) | 8 | 12,800 | ₹10,88,000 |
At the upper band. The amount is blocked in your bank account through UPI, not paid, until allotment.
Final subscription
As of 9 Nov, 09:42 ISTTimes the shares on offer were bid for, by investor category. Above 1x means the category is fully booked.
Listing performance
Latest price updated 5 hr ago.
Issue details
| Status | Listed |
| Exchange | BSE |
| Segment | SME |
| Sector | IT - Software |
| Price band | ₹80–85 |
| Final issue price | ₹85.00 |
| Face value | ₹10 per share |
| Lot size | 1,600 shares |
| Minimum investment | ₹1,36,000 |
| Issue size | ₹48.00 Cr |
| Fresh issue | ₹45.94 Cr |
| Offer for sale | ₹11.07 Cr |
| P/E at upper band | 11.0x |
| Registrar | MAASHITLA SECURITIES PRIVATE LIMITED |
| Lead managers | Oneview Corporate Advisors Private Limited |
| NSE symbol | EIMS |
| ISIN | INE0YUW01020 |
Fresh issue vs offer for sale
Shareholder quota and promoter holding
Company & business
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 and IT Operation and Service Management, incorporating AI-enabled product solutions to help businesses streamline their IT operations, improve efficiency, and enhance user experiences. Their SaaS-based and on-premise products feature advanced capabilities such as AI for IT Operations Management (AIOps), Generative-AI Powered IT Service Management (ITSM), IT Infrastructure Management (ITIM), Network Change and Configuration Management (NCCM), IT Asset Management (ITAM), and Operations Support System (OSS). The company's flagship platform, 'Infraon Infinity', enables businesses to remotely monitor critical network devices, servers, and applications to reduce downtime and improve service delivery.
Objects of the issue — how the money will be used
- Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory (₹5.66 Cr)
- Funding of Working Capital Requirement (₹24 Cr)
- General corporate purposes
Key strengths
- Experienced core team supported by experienced and senior management team
- Fully integrated 'Infraon Infinity' platform
- Cordial relationship with channel partners
- Diversified platform development and market expansion
Key risks
- Business may be adversely affected if the company fails to adapt to rapid technological changes
- Negative cash flows in the past from investing and financing activities
- Lack of formal agreements with some channel partners
- Defects, errors, or disruptions in software products and services
- Significant working capital requirements
- Dependence on top ten customers and a limited number of suppliers
- Dependence on Senior Management Personnel and Key Managerial Personnel
Promoters
Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Arun Prasath Ramadoss, Ramesh Pratap Tiwari, Deepak Kumar Shenbagarajan, Srikanth Audina, Ganesh Kumar Nagaiah, Deepak Gupta
Decoded from the RHP with AI on 01-Nov-2026. Check the offer document before you apply.
Financials (restated, ₹ crore)
| Period | Revenue | Expenses | Profit after tax | Assets | Net worth | Borrowings |
|---|---|---|---|---|---|---|
| FY24 | 45.23 | -- | 10.83 | 50.47 | 32.22 | 0.00 |
| FY25 | 56.54 | -- | 14.08 | 67.82 | 47.41 | 0.00 |
| FY26 | 65.12 | -- | 13.14 | 90.27 | 60.59 | 0.00 |
Key performance indicators · FY26
Peers & valuation
Listed peers as chosen by the issuer in the offer document (Basis for Issue Price).
| Company | Revenue (₹ Cr) | EPS (₹) | P/E | RoNW % | NAV (₹) |
|---|---|---|---|---|---|
| EverestIMS Technologies this issue | 65.1 | 7.71 | 11.0x | 21.69 | 35.55 |
| Newgen Software Technologies Ltd | 1,641.4 | 21.38 | 23.5 | 16.91 | 126.40 |
This issue is priced at 11.0x P/E against a peer median of 23.5x: a discount of 53%. A measurement, not a verdict.
Other IT - Software IPOs
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ENS EnterprisesENS · BSE · SME · IT - Software+9.6%21 Aug Documents and resources
Offer documents and the issuer, exchange, registrar and SEBI pages for this issue.