The EverestIMS Technologies SME IPO has opened for subscription on September 29, 2026, and will remain open until October 5, 2026. The company operates in the information technology sector and develops software products for IT operations and service management.
The IPO has a price band of ₹80 to ₹85 per share, with a lot size of 1,600 shares. The company is planning to raise around ₹48.46 crore through the issue. The shares are proposed to be listed on the SME platform, with October 8, 2026, as the tentative listing date.
For readers tracking Upcoming IPO in India, SME IPO List, IPO GMP Today and IPO allotment updates, newipo.info can be used to follow IPO-related information in a simple format.
EverestIMS Technologies IPO Details
| Particular | Details |
|---|---|
| Company Name | EverestIMS Technologies Limited |
| IPO Type | SME IPO |
| Issue Type | Book Building |
| IPO Open Date | September 29, 2026 |
| IPO Close Date | October 5, 2026 |
| Price Band | ₹80 – ₹85 per share |
| Face Value | ₹10 per share |
| Issue Size | Up to ₹48.46 crore |
| Lot Size | 1,600 shares |
| Minimum Retail Application | 3,200 shares |
| Minimum Investment | ₹2,72,000 |
| Proposed Listing | SME Platform |
| Allotment Date | October 6, 2026 |
| Refund / Demat Credit | October 7, 2026 |
| Tentative Listing Date | October 8, 2026 |
| Registrar | Maashitla Securities Private Limited |
| Lead Manager | Oneview Corporate Advisors Private Limited |
At the upper price band of ₹85, one lot of 1,600 shares has a value of ₹1,36,000. Current issue information indicates a minimum retail application of two lots, or 3,200 shares, which makes the minimum retail application amount ₹2,72,000. Investors should check the final issue documents for the applicable category and application requirements.
Key Performance Indicators (KPI)
| KPI | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| RONW | 24.33% | 35.35% | 40.41% |
| ROCE | 36.15% | 48.63% | 56.56% |
| EPS (BASIC) | 7.71 | 8.27 | 6.57 |
| P/E Pre IPO | 11.02 | ||
| P/E Post IPO | 14.00 |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 90.27 | 67.82 | 50.47 |
| Total Income | 65.91 | 57.78 | 45.62 |
| Profit After Tax | 13.14 | 14.08 | 10.83 |
| EBITDA | 23.34 | 22.64 | 17.44 |
| NET Worth | 60.59 | 47.41 | 32.22 |
| Reserves and Surplus | 43.54 | 30.37 | 30.39 |
Peer Comparison (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| EverestIMS Technologies Ltd | 11.02 | 85.00 | 10.00 |
| Newgen Software Technologies Ltd | 23.45 | 501.40 | 10.00 |
SOURCE:RHP, Current Market Price (CMP) is the closing price of Peer Company as on September 11, 2026 available on the website of BSE, where the peer company is listed. For calculating PE Ratio for Peer company, the Basic EPS is taken for the consolidated financial year ended March 31, 2026 while the Current Market Price (CMP) is the closing price as on September 11, 2026 available on the website of BSE, where the peer company is listed. we have shown the P/E ratio of the IPO issuer company based on the pre-IPO valuation, and the CMP has been represented by the IPO issue price (upper price band).
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| EverestIMS Technologies Ltd | 35.55 | 21.69 | 7.71 |
| Newgen Software Technologies Ltd | 126.40 | 16.91 | 21.38 |
About Company
EverestIMS Technologies Limited was originally incorporated as EverestIMS Technologies Private Limited on April 13, 2017, under the Companies Act, 2013. It was converted into a Public Limited Company pursuant to a Special Resolution passed on July 12, 2024, and was renamed EverestIMS Technologies Limited on September 10, 2024.
The Company focuses on creating technology solutions that combine problem-solving, practical design and reliable execution, with products and services aimed at addressing immediate business needs while helping customers improve their competitiveness.
Its expertise spans Artificial Intelligence (AI), Internet of Things (IoT) and digital transformation, providing future-ready, on-demand solutions to global clients. The Company also enables teams to manage both IT and non-IT infrastructure.
EverestIMS is supported by a team with over 100 years of combined experience and focuses on helping businesses remain resilient and competitive while accelerating their digital growth.
Strengths
Experienced Management Team: Led by qualified Promoters with extensive IT software industry experience, supported by experienced KMP, senior and middle-level management with strong execution capabilities.
Fully Integrated Platform: “Infraon Infinity” offers multiple modules and AI-powered features for both On-Premises and SaaS customers through a single platform, simplifying operations and improving efficiency.
Strong Channel Partner Relationships: Provides comprehensive support, free product and technical training, and professional services training to channel partners, helping them serve customers effectively and supporting mutual business growth.
Risk Factors
Rapid Technological Changes: Failure to adapt to evolving technology and industry standards or enhance existing products and develop new offerings may adversely affect the business.
Lack of Formal Channel Partner Agreements: Some channel partners do not have formal agreements, creating uncertainty in sales collaboration, distribution, product positioning and market access, which may affect revenue predictability and business growth.
Software Defects & Service Disruptions: Errors, defects, hosting failures or misuse of the Company’s software platforms may disrupt customers’ critical operations, resulting in liability, customer loss and reputational harm.
What Does EverestIMS Technologies Do?
EverestIMS Technologies works in the enterprise IT software market. Its products are designed around the day-to-day requirements of IT departments and technology teams.
One of its key areas is IT Service Management, commonly known as ITSM. Such systems help organisations manage service requests, incidents, changes and other IT-related processes.
The company also provides infrastructure monitoring tools. These solutions can help businesses keep track of servers, networks and other IT infrastructure.
Another area is IT Asset Management, which helps organisations maintain information about their technology assets. The company also has solutions related to network configuration and artificial intelligence-based IT operations.
The combination of these products allows EverestIMS to target organisations looking for multiple IT operations functions through an integrated software platform.
EverestIMS Technologies IPO Price Band and Lot Size
The IPO price band has been fixed between ₹80 and ₹85 per share. Each equity share has a face value of ₹10, and the lot size is 1,600 shares.
At the upper price of ₹85, one lot requires ₹1,36,000. According to current IPO information, retail investors need to apply for two lots, making the minimum retail application ₹2,72,000.
The relatively high application amount is an important point for investors considering an SME IPO. SME shares can also have different trading and liquidity characteristics compared with companies listed on the mainboard.
EverestIMS Technologies IPO Issue Size
The total issue size is approximately ₹48.46 crore at the upper end of the price band.
The issue consists of a fresh issue as well as an offer for sale. Available issue information shows that the total offering comprises around 57.01 lakh shares. The fresh issue component is intended to bring new capital into the company, while shares offered through the OFS are sold by existing shareholders.
The distinction is useful for investors because money raised through a fresh issue goes to the company, whereas proceeds from an offer for sale go to the selling shareholders.
How Will EverestIMS Use the IPO Money?
According to available IPO information, a major portion of the fresh issue proceeds is planned for working capital requirements.
The company also plans to spend around ₹5.66 crore on purchasing IT hardware for setting up an Artificial Intelligence Innovation and Experience Laboratory.
The proposed AI laboratory could support the company's work around artificial intelligence and technology solutions. Working capital, meanwhile, can help the company meet its regular operating and business expansion requirements.
Investors can track how effectively the company uses these funds after listing by following future financial reports and corporate disclosures.
EverestIMS Technologies IPO GMP
The Grey Market Premium (GMP) is an unofficial indicator that some IPO investors follow before listing.
Recent grey-market tracking data has reported GMP figures around ₹17 per share, although different sources can show different numbers depending on when their data was updated.
It is important to remember that GMP is not an official exchange figure. It is also not a guaranteed indication of the actual listing price. Grey-market conditions can change before the shares begin trading.
For this reason, investors should not rely on GMP alone. The company's financial performance, business model, valuation, competitive environment and IPO objectives are more important areas to study.
EverestIMS Technologies Financial Performance
Financial performance is an important part of understanding any IPO. In the case of EverestIMS Technologies, investors should examine revenue, profit, margins, cash flow, borrowings and working-capital requirements in the company's official offer documents.
Since the company operates in the software industry, recurring business, customer retention and the ability to develop and maintain technology products can also be relevant factors.
The IT software market is competitive, and technology companies need to continue investing in their products to keep up with changing customer requirements.
EverestIMS IPO Allotment and Listing Date
The EverestIMS Technologies IPO is scheduled to close on October 5, 2026. The basis of allotment is expected to be finalised on October 6.
Refunds and demat credit are scheduled for October 7, while the tentative listing date is October 8, 2026.
IPO schedules can sometimes change because of exchange or regulatory procedures. Applicants should therefore check the registrar or exchange for the final allotment and listing information.
Things to Consider Before Applying
There are several points investors may want to examine before considering the EverestIMS Technologies IPO.
First, the company operates in a technology-driven industry. Software businesses need to continuously improve their products and adapt to new technologies. Competition from established IT companies and newer software providers can affect growth.
Second, customer acquisition and retention are important. Enterprise software can involve long sales cycles, implementation requirements and ongoing customer support.
The company is also planning to invest in an AI Innovation and Experience Laboratory. Investors can watch how this investment contributes to product development and business growth over time.
The minimum retail application of approximately ₹2.72 lakh is another practical factor. Investors should understand the amount involved and the risks associated with SME-listed shares before applying.
EverestIMS Technologies SME IPO – Key Takeaway
EverestIMS Technologies is entering the SME market with a business focused on IT operations and service management software. Its Infraon Infinity platform covers areas such as IT service management, infrastructure monitoring, network configuration, IT asset management and AIOps.
The IPO price band is ₹80–₹85 per share, while the total issue size is approximately ₹48.46 crore. The issue opened on September 29 and is scheduled to close on October 5, 2026. The tentative listing date is October 8.
For people searching for IPO GMP Today, Upcoming IPO in India, SME IPO List and IPO allotment information, newipo.info can provide IPO-related updates in an easy-to-read format.
Conclusion
EverestIMS Technologies SME IPO gives investors an opportunity to look at an IT company working in software solutions for enterprise technology operations. Its products cover several areas of IT management, while the planned investment in an AI Innovation and Experience Laboratory shows the company's focus on newer technology.
At the same time, investors should look beyond the GMP and issue price. Competition, customer acquisition, technology spending, financial performance and the relatively high SME IPO application amount are all worth considering.
The IPO is scheduled to remain open until October 5, 2026, with allotment expected on October 6 and a tentative listing on October 8. Investors should read the official IPO documents carefully, understand the company's risks and make decisions based on their own financial circumstances.
Disclaimer: This article is for informational and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. IPO details, GMP and timelines can change, so readers should verify the latest information from official sources before making an investment decision.