EverestIMS Technologies

EverestIMS Technologies

LISTED

IPO Date: 29 Sept - 5 Oct 2026

Listing Date: 8 Oct 2026

Price Range

Rs.80 - Rs.85

Issue Size

49 Cr

Min Investment

₹2,56,000

2 lots minimum (SEBI rule for SME)

Min Application

3200 Shares

1600 per lot × 2

View IPO Document

Schedule of EverestIMS Technologies

  1. Issue open date

    29 Sept 2026

  2. Issue close date

    5 Oct 2026

  3. UPI mandate deadline

    5 Oct 2026 (5 PM)

  4. Allotment finalization

    6 Oct 2026

  5. Share credit

    7 Oct 2026

  6. Listing date

    8 Oct 2026

  7. Mandate end date

    20 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall49 Cr
Fresh Issue39.05 Cr
Offer for Sale9.41 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date6 Oct 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
8 Oct 2026Latest₹85₹50₹135(+58.82%)
7 Oct 2026₹85₹50₹135(+58.82%)
6 Oct 2026₹85₹55₹140(+64.71%)
5 Oct 2026₹85₹42₹127(+49.41%)
4 Oct 2026₹85₹40₹125(+47.06%)
3 Oct 2026₹85₹40₹125(+47.06%)
2 Oct 2026₹85₹40₹125(+47.06%)
1 Oct 2026₹85₹10₹95(+11.76%)
30 Sept 2026₹85₹20₹105(+23.53%)
29 Sept 2026₹85₹16₹101(+18.82%)
28 Sept 2026₹85₹17₹102(+20%)
27 Sept 2026₹85₹13₹98(+15.29%)
26 Sept 2026₹85₹13₹98(+15.29%)

Performance EverestIMS Technologies

Issue PriceListing GainCurrent Market PriceP/L
Rs.80 - Rs.85₹ 126 (48.24%) ₹ 99.7417.34%

About EverestIMS Technologies

EverestIMS Technologies Limited is a software company providing Software-as-a-Service (SaaS) and on-premises products and services focused on digital transformation, IT operations, and service management. The company was incorporated in 2017 as EverestIMS Technologies Private Limited and was converted into a public limited company in 2024. Its product portfolio includes 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). Its flagship platform, Infraon Infinity, enables remote monitoring and management of network devices, servers, and applications. Its go-to-market strategy comprises direct sales through the company and its US subsidiary, Infraon Corp, along with domestic and international channel partners, distributors, and sales agents. Its offices are located in Bangalore, Mumbai, and Gurugram.

Founded in2017
Managing directorMr Satish Kumar Vijayaragavan
Parent organization

Financial Overview

Strengths

5
  1. 1

    Offers multiple SaaS and on-premises software models.

  2. 2

    Serves diverse overseas clients in the UAE and Malaysia.

  3. 3

    Holds long-standing relationships with key corporate customers.

  4. 4

    Adopts advanced technologies via a dedicated AI Laboratory.

  5. 5

    Shows strong and consistent financial and revenue growth

Risks

5
  1. 1

    High revenue dependence on the top 10 corporate customers.

  2. 2

    Absence of formal agreements with some channel partners.

  3. 3

    Past negative cash flows from investing and financing.

  4. 4

    Software defects may cause liability and customer loss.

  5. 5

    Open-source integration exposes the company to IP infringement claims.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)51.68
Non-Institutional Investors (NIIs)548.61
Retail Individual Investors (RIIs)268.29
EmployeeN/A
Total294.22