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EverestIMS Technologies IPO

₹80.00 to ₹85.00Price band

Bidding is scheduled to have opened. Check the exchange for the current state.

Subscription and grey market figures refresh on a 30-minute cycle. Last synced 5 October 2026. Confirm current numbers on the exchange websites before you apply.

Issue size
₹48.46 Cr
Lot size
1,600 shares
Minimum investment
₹1,36,000.00
Face value
₹10.00
Fresh issue
₹36.61 Cr
Offer for sale
₹9.41 Cr
Exchanges
NSE and BSE
Bidding dates
29 September 2026 to 5 October 2026

The dates that matter

An Indian IPO runs on a fixed calendar. Bidding stays open for three working days, the allotment is finalised the next working day, and the shares begin trading the day after that.

    Issue dates

  1. Anchor investor biddingCompleted

    28 September 2026

    One day before the public window, for institutional anchors.

  2. Bidding opensCompleted

    29 September 2026

  3. Bidding closesNext

    5 October 2026 in today

  4. Basis of allotment

    6 October 2026

  5. Refunds initiated

    7 October 2026

  6. Shares credited to Demat

    7 October 2026

  7. Listing on the exchange

    8 October 2026

Grey market premium

Grey market premium is the price traders quote among themselves for shares that have not listed yet. Below is the full day-by-day record we hold for this issue, not only the latest figure, because the movement across the bidding window says more than any single day does.

-5821344723 Sept5 Oct
Grey market premium per share over 13 recorded days. Hover or use the arrow keys to read any day.
Grey market premium history for EverestIMS Technologies
DatePremium per share
2026-09-230
2026-09-240
2026-09-250
2026-09-2613
2026-09-2713
2026-09-2817
2026-09-2916
2026-09-3020
2026-10-0128
2026-10-0240
2026-10-0340
2026-10-0440
2026-10-0542
Day by day, 13 records
DatePremium per shareImplied listing priceImplied gain
5 October 2026₹42.00₹127.0049.41%
4 October 2026₹40.00₹125.0047.06%
3 October 2026₹40.00₹125.0047.06%
2 October 2026₹40.00₹125.0047.06%
1 October 2026₹28.00₹113.0032.94%
30 September 2026₹20.00₹105.0023.53%
29 September 2026₹16.00₹101.0018.82%
28 September 2026₹17.00₹102.0020.00%
27 September 2026₹13.00₹98.0015.29%
26 September 2026₹13.00₹98.0015.29%
25 September 2026Not recorded₹85.000.00%
24 September 2026Not recorded₹85.000.00%
23 September 2026Not recorded₹85.000.00%

About EverestIMS Technologies

EverestIMS Technologies Ltd. is a Bengaluru-based software products company incorporated in 2017. It sells SaaS and on-premise software for IT operations, including AI for IT Operations, IT service management, IT infrastructure management, network configuration and change management, and IT asset management. Its main platform is branded Infraon Infinity. The company earns revenue from software product sales and service sales. It sells directly through its own team and its US subsidiary Infraon Corp, and also through channel partners, distributors and sales agents. It employed 230 people as of March 31, 2026.

Promoters

  • Satish Kumar Vijayaragavan
  • Sudhakar Aruchamy
  • Ramesh Pratap Tiwari
  • Arun Prasath Ramadoss
  • Deepak Kumar Shenbagarajan
  • Srikanth Audina
  • N Ganesh Kumar
  • Deepak Gupta

Financial highlights

The last three fiscal years as the offer document states them. Reading across a row shows whether the figure has grown, which is why the years run left to right.

Metric (₹ crore)Mar 2024Mar 2025Mar 2026
Assets50.4767.8290.27
Total Income45.6257.7865.91
Profit After Tax10.8314.0813.14
EBITDA17.4422.6423.34
NET Worth32.2247.4160.59
Reserves and Surplus30.3930.3743.54

Figures are in ₹ crore and reproduced from the offer document, covering Mar 2024 to Mar 2026. A dash means the document does not state that figure for that period. A fiscal year ending March is labelled by its closing month, and where the document states a figure on a different basis the label here follows the document rather than normalising it.

Key ratios

Valuation and return ratios calculated from the issuer's financials. These are the figures the issue price is usually judged against, and the offer document carries the working behind each one.

RatioValueWhat it measures
Earnings per share₹7.71Profit after tax divided by the number of shares.
P/E at the cap price11.02xIssue price divided by earnings per share. Lower is cheaper, but only against the same industry.
P/E after the issue14.00xThe same ratio recalculated on the larger post-issue share count.
Price to book4.35xIssue price against net assets per share.
Net asset value per share₹19.52What the company owns, less what it owes, per share.
Return on equity40.30%Profit earned on shareholders’ money.
Return on capital employed40.71%Profit earned on all the capital in the business, including debt.
Return on net worth33.53%The offer document’s own name for return on shareholders’ funds.
Profit margin23.66%Profit after tax as a share of income.
Market capitalisation₹183.92 CrValue of the company at the issue price.

Ratios are stated as published. A ratio that is absent here was not stated in the document, and is not the same as a ratio of zero.

What the money is for

Every issue states its objects in the offer document. These are reproduced from it, largest first, so you can see where most of the raise is going.

  • Working Capital Requirement

    ₹24.00 Cr

  • Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory

    ₹5.66 Cr

  • General Corporate Purposes

    Amount not stated

Peer comparison

The offer document compares the issuer against listed companies in the same business, on earnings, book value and return on net worth. EverestIMS Technologies is the first row.

Peer comparison from the offer document. EverestIMS Technologies is the first row.
CompanyEPS (₹)P/ENAV per share (₹)RoNW
EverestIMS Technologies LimitedThis issue7.71—₹35.5521.69%
Newgen Software Technologies Ltd21.3823.45₹126.4016.91%

Reproduced from the peer comparison in the offer document. A dash means the document does not state that figure for that company. It is absent, not zero. Ratios are reported on the basis named in the document, which is not always the same period for every company.

Who gets what share

SEBI fixes how much of a book-built issue each investor category can be allotted. This is the split for this issue as stated in the offer document.

Reservation by investor category
CategoryShare of issueAmount
Retail individual investors35.05%₹16.13 Cr
Qualified institutional buyers20.09%₹9.25 Cr
Non-institutional (bids above ₹10 lakh)10.05%₹4.62 Cr
Non-institutional (bids up to ₹10 lakh)5.02%₹2.31 Cr

Percentages are reproduced as text from the offer document. A dash means the document does not state an amount for that category. Categories are labelled using the document's own terms, which differ slightly between issues.

Questions people ask

One lot is 1,600 shares. The price band is ₹80.00 to ₹85.00, and the block is calculated at the top of it, ₹85.00. That comes to ₹1,36,000.00 held in your bank account until the allotment is finalised. If you are not allotted, the block is released and the money never leaves your account.

Bidding runs from 29 September 2026 to 5 October 2026. Applications can be revised or withdrawn while bidding is open. Once it closes, the registrar finalises the basis of allotment the next working day and shares are credited the day after.

The most recent recorded premium is ₹42.00 per share, against ₹13.00 when recording began on 26 September 2026. The movement across those days says more than either number on its own.

Retail applications run from 1 lot to 1 lots. The retail category caps an application at ₹2,00,000, so the upper limit is whichever comes first: the lot ceiling or the value ceiling.

Sources