About EverestIMS Technologies
EverestIMS Technologies Limited is launching its SME Initial Public Offering (IPO) on September 29, 2026. Incorporated in 2017, EverestIMS operates in the IT consulting and software industry, offering IT Infrastructure Management Software (IMS) and AIOps-driven network/cloud management solutions.
1. Key Dates & IPO Timetable
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IPO Open Date: September 29, 2026
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IPO Close Date: October 5, 2026
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Basis of Allotment: October 6, 2026
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Initiation of Refunds: October 7, 2026
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Credit of Shares to Demat: October 7, 2026
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Listing Date: October 8, 2026 (BSE SME)
2. Issue Details, Price Band, and Lot Size
The total issue size is ₹48.46 crores (57.01 lakh shares), comprising a fresh issue of ₹39.05 crores and an Offer for Sale (OFS) of ₹9.41 crores.
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Price Band: ₹80 to ₹85 per equity share
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Face Value: ₹10 per share
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Lot Size: 1,600 shares
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Listing Exchange: BSE SME
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Reservation: QIB – 50%, Retail – 35%, NII/HNI – 15%
Application Requirements:
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Retail Investors (Min & Max – 2 Lots): 3,200 shares amounting to ₹2,72,000 (at the upper price band of ₹85).
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Small HNI (sNII – Min 3 Lots): 4,800 shares amounting to ₹4,08,000.
3. Financial Performance & Utilization of Funds
Financial Overview
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Total Revenue: ₹65.91 crore (FY26), up 14% from ₹57.78 crore (FY25).
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Profit After Tax (PAT): ₹13.14 crore (FY26) vs ₹14.08 crore (FY25).
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ROE: 24.33%
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ROCE: 36.15%
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EBITDA Margin: 35.41%
Objects of the Issue
The net proceeds will be deployed for:
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Setting up an Artificial Intelligence (AI) Innovation and Experience Laboratory (purchasing IT hardware) (~₹5.66 crore).
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Meeting working capital requirements (~₹24.00 crore).
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General corporate purposes.
4. Grey Market Premium (GMP)
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Current GMP: ₹0 per share
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Estimated Listing Price: ₹85 (at upper band)
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Estimated Listing Gain: 0.00%
Note: Grey Market Premium is an informal indicator and can fluctuate rapidly as subscription numbers update during the bidding window.