EverestIMS Technologies Ltd. IPO

Incorporated in April 2017, EverestIMS Technologies Limited is a software enterprise that offers both Software as a Service (SaaS) solutions and on-premise products and services. 

The company specializes in digital transformation, IT operations, and AI-driven product solutions to streamline IT processes, improve efficiency, and enhance user experiences. The company offers solutions for remote monitoring of critical network devices, servers, and applications, reducing downtime and improving IT operations with its platform ‘Infraon Infinity‘.

Products and Services

  • Information Technology Service Management (ITSM)
  • IT Infrastructure Management (ITIM)
  • Network Configuration and Change Management (NCCM)
  • AI For IT Operations (AIOPS)
  • IT Asset Management (ITAM)
  • Operation Support System (OSS)

The company engage in direct sales through both the Company and their subsidiary, Infraon Corp, located in the USA. In addition, they engage with domestic & international channel partners, distributors and sales agents who identify potential customers, work jointly with them to qualify and close deals.

The company generates revenue mainly from: (i) software product sales and (ii) service sales.

As of March 31, 2026, the company employed 230 people.

Competitive Strength

  • Experienced core team supported by experienced and senior management team.
  • The “Infraon Infinity” platform offers AI-driven modules for On-Premises and SaaS customers.
  • Cordial relationship with the channel partners.
  • Diversified Platform Development and Market Expansion.

Company Financials (Restated Consolidated)

EverestIMS Technologies Ltd.’s revenue increased by 14% and profit after tax (PAT) dropped by 7% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets90.2767.8250.47
Total Income65.9157.7845.62
Profit After Tax13.1414.0810.83
EBITDA23.3422.6417.44
NET Worth60.5947.4132.22
Reserves and Surplus43.5430.3730.39
Amount in ₹ Crore

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

#Issue ObjectsEst Amt (₹ Cr.)
1Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory5.66
2Working Capital Requirement24.00
3General Corporate Purposes 
 Total29.66

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE40.30%
ROCE40.71%
RoNW33.53%
PAT Margin23.66%
NAV19.52
Price to Book Value4.35

IPO Valuation

Valuation MetricPre IPOPost IPO
EPS (₹)7.716.07
P/E (x)11.0214

EverestIMS IPO Details

IPO Date29 Sep to 5 Oct, 2026
Listing DateThu, Oct 8, 2026
Face Value₹10 per share
Price Band₹80 to ₹85
Lot Size1,600 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME
Total Issue Size57,00,800 shares
(agg. up to ₹48 Cr)
Reserved for Market Maker
2,86,400 shares
(agg. up to ₹2 Cr)
Fresh Issue
(Ex Market Maker)
43,07,200 shares
(agg. up to ₹37 Cr)
Offer for Sale11,07,200 shares of ₹10
(agg. up to ₹9 Cr)
Net Offered to Public54,14,400 shares
(agg. up to ₹46 Cr)
Share Holding Pre Issue1,70,44,578 shares
Share Holding Post Issue2,16,38,178 shares

EverestIMS IPO Promoter Holding

The promoters of the company are Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar and Deepak Gupta.

Share Holding Pre Issue80.38%
Share Holding Post Issue59.98%

SHARIAH SCREENING for - EverestIMS Technologies Ltd. IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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