About EverestIMS Technologies Ltd IPO
EverestIMS Technologies IPO is a book-built issue aggregating up to Rs 48.46 crore, comprising a fresh issue of up to 45.94 lakh equity shares aggregating to Rs 39.05 crore and an offer for sale of up to 11.07 lakh equity shares aggregating to Rs 9.41 crore by the existing shareholders. The Equity Shares are proposed to be listed on the BSE SME platform. Oneview Corporate Advisors Private Limited is acting as the Book Running Lead Manager, while Maashitla Securities Private Limited is the Registrar to the Issue.
The Company is promoted by Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N. Ganesh Kumar and Deepak Gupta.
The funds raised through the fresh issue are proposed to be utilized towards the purchase of IT hardware for setting up an Artificial Intelligence (AI) Innovation and Experience Laboratory, funding the Company's working capital requirements and general corporate purposes. The Company is proposing to utilize approximately Rs 5.66 crore towards the AI Innovation and Experience Laboratory and Rs 24 crore towards working capital requirements. The proceeds from the offer for sale will be received by the respective selling shareholders and will not form part of the Company's funds.
About EverestIMS Technologies Limited
Incorporated in April 2017, EverestIMS Technologies Limited is a software company focused on digital transformation and IT operations and service management. The Company provides both Software-as-a-Service (SaaS) and on-premises software products and services designed to help businesses streamline IT operations, improve operational efficiency, enhance service delivery and improve user experiences.
The Company’s product portfolio is offered under the Infraon brand and is centered around its flagship platform, Infraon Infinity. The platform enables organizations to monitor and manage critical IT infrastructure, including network devices, servers and applications, with capabilities designed to support end-to-end IT operations and service management.
Its portfolio covers key areas of enterprise IT management, including 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 Systems (OSS). These solutions use automation and AI to simplify workflows, improve IT visibility, and reduce downtime.
EverestIMS offers its solutions through both SaaS and on-premises deployment models.
The Company follows a direct sales and channel partner-led go-to-market model. Direct sales are undertaken by EverestIMS Technologies Limited and its U.S.-based subsidiary, Infraon Corp. The Company also works with domestic and international channel partners, distributors and sales agents that assist in identifying prospective customers, qualifying opportunities, closing deals and managing customer relationships.
The Company’s revenue from operations primarily comprises revenue from the sale of software products and sale of services.
As of March 31, 2026, the Company had a total employee strength of 230.
EverestIMS Technologies IPO is a book-built issue aggregating up to Rs 48.46 crore, comprising a fresh issue of up to 45.94 lakh equity shares aggregating to Rs 39.05 crore and an offer for sale of up to 11.07 lakh equity shares aggregating to Rs 9.41 crore by the existing shareholders. The Equity Shares are proposed to be listed on the BSE SME platform. Oneview Corporate Advis
EverestIMS Technologies IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.88% | 28,43,559.04 crores |
| Non-Institutional Investors (NIIs) | 15.07% | 8,59,110.56 crores |
| Retail Individual Investors (RIIs) | 35.05% | 19,98,130.4 crores |
EverestIMS Technologies IPO Strengths & Weaknesses
Led by an experienced team with knowledge of the IT software industry and strong execution capabilities.
An integrated Infraon Infinity platform offering multiple IT management solutions with AI-enabled features across SaaS and on-premises deployments.
Supported by a strong network of channel partners through product training, technical assistance and service support.
It has a diversified portfolio offering solutions across ITIM, AIOps, ITSM, ITAM and OSS for enterprises, telecom operators and SMBs.
The Company operates in a rapidly evolving technology industry. Failure to keep up with technological changes or customer requirements could affect the Company’s competitiveness and growth.
The Company depends on channel partners for sales and customer reach. Some partners do not have formal agreements with the Company, which could affect sales and business operations.
Errors, defects, service interruptions or misuse of the Company’s software could result in customer dissatisfaction, financial claims, loss of business and reputational damage.
The Company requires substantial working capital to support its operations and growth. Any inability to arrange adequate funds could affect its business and financial performance.
The Company’s operations rely heavily on IT systems that may be exposed to cyberattacks, unauthorized access or system failures. Such incidents could disrupt operations and result in regulatory, financial and reputational consequences.
EverestIMS Technologies IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 06 Oct '26 | 08 Oct '26 | 07 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 57,00,800 shares (aggregating up to ₹2,72,000 crores) |
| Fresh Issue | 4,30,720 shares (aggregating up to ₹43,07,200 crores) |
| Offer for Sale | 1,10,720 shares of ₹10 (aggregating up to ₹11,07,200 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 84.5 shares |
| Post-Issue Shareholding | 0 shares |
EverestIMS Technologies IPO Lot Size and Investment Details
| Minimum Lot Size | 1,600 shares |
| Maximum Lot Size (Retail) | 4,800 shares |
The lot size of EverestIMS Technologies ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for EverestIMS Technologies IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
EverestIMS Technologies IPO Contact & Registrar Details
Contact Details
Address
No.759, Sree Gururaya Mansion South Wing 8th Main, J.P.Nagar, III Phase Bengaluru
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
EverestIMS Technologies Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Oneview Corporate Advisors Pvt Ltd |
