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ET

EverestIMS Technologies IPO

Upcoming SME BSE SME · Computers - Software & Consulting
67/100 TopFund Score

Price Band

₹80.0–85.0

Issue Size

₹48.46 Cr

Lot Size

1,600 shares

Min Investment

₹272,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹13.0 (15.29%)

Issue Price

₹85.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹15800

Paid only if allotted

EverestIMS Technologies IPO AI Summary

  • EverestIMS Technologies IPO is upcoming on BSE SME in the Computers - Software & Consulting sector.
  • Price band: ₹80.0–₹85.0 per share, lot size 1,600 shares (min. investment ₹272,000, 2 lots minimum).
  • Subscription window: 29 Sep–05 Oct 2026, listing on 08 Oct 2026.
  • Current GMP is +₹13.0 (15.29%), an estimated listing price of ₹98 — unofficial and can change daily.

EverestIMS Technologies Limited is set to launch its IPO with a price band of ₹80.0 to ₹85.0. The company focuses on software solutions that enhance IT operations and efficiency. Recent financials show an upward trend in revenue, although profit figures indicate a slight decline in the most recent period. Investors should consider their risk tolerance and market conditions before participating.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Tue, 29 Sep 2026 in 1d
IPO Close Date
Mon, 05 Oct 2026 in 7d
Allotment Date
Tue, 06 Oct 2026 in 8d
Refund Initiation
Wed, 07 Oct 2026 in 9d
Credit of Shares
Wed, 07 Oct 2026 in 9d
Listing Date
Thu, 08 Oct 2026 in 10d
Listing Price
₹98.0

Subscription Status

IPO not open yet

Opens 29 Sep 2026 · in 1 days

EverestIMS Technologies IPO Grey Market Premium (GMP) Today

GMP

+₹13.0

GMP %

+15.29%

Est. Listing

₹98.0

Updated: 28 Sep 2026 02:15

GMP Trend (Last 4 Days)

Day-wise GMP Trend 4 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
27-09-2026 ₹85.0 ₹13.0 ₹98.0 (+15.29%) ₹20,800 27-Sep-2026 18:00
26-09-2026 ₹85.0 ₹0.0 ₹85.0 (0.0%) ₹0 26-Sep-2026 18:00
25-09-2026 ₹85.0 ₹0.0 ₹85.0 (0.0%) ₹0 25-Sep-2026 18:00
24-09-2026 ₹85.0 ₹0.0 ₹85.0 (0.0%) ₹0 24-Sep-2026 18:00

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

TopFund Score — Listing Data Indicator

Composite Score

67/100

As of 28 Sep 2026 · How we calculate this →

High Signal
GMP Strength (35%) 60/100

GMP is 15.3% above issue price

Subscription Demand (30%) N/A

Subscription not open yet

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 80/100

Similar IPOs (same sector & type) averaged 47.2% listing gain

A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.

Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.

About the Company

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's products & services include AI for IT Operations (AIOps), Generative-AI IT Service Management (ITSM), IT Infrastructure Management (ITIM), Network Change and Configuration Management (NCCM), and IT Asset Management (ITAM). 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'. The company generates revenue mainly from: (i) software product sales and (ii) service sales. As of December 31, 2024, the company employed 197 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 (₹ Cr)

As of 2026-03-31

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
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

Key Ratios

EPS

₹7.71

NAV

₹19.52

ROE

40.30%

ROCE

40.71%

RoNW

33.53%

P/B Value

4.35

P/E Ratio

11.02

Market Cap

₹183.92 Cr

PAT Margin

23.66%

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Newgen Software Technologies Ltd 126.4 16.91% 23.45 21.38 21.24
EverestIMS Technologies Limited This IPO 35.55 21.69% — 7.71 7.71

Promoters

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

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory 5.66 2 Working Capital Requirement 24.00 3 General Corporate Purposes Total 29.66

IPO Evaluation

Generated 27 Sep 2026

Revenue Trend

Revenue was ₹45.62 Cr in the year ending 31 Mar 2024, rising to ₹57.78 Cr by 31 Mar 2025, and further increasing to ₹65.91 Cr by 31 Mar 2026.

Profit Trend

Profit After Tax was ₹10.83 Cr in the year ending 31 Mar 2024, increasing to ₹14.08 Cr by 31 Mar 2025, and then decreasing slightly to ₹13.14 Cr by 31 Mar 2026. However, the most recent figure of ₹13.14 Cr is from a stub period, not a full year, so isn't directly comparable.

Valuation

Priced at roughly 11.02 times trailing earnings, versus peers trading at a P/E of 23.45.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected premium at which the IPO shares may trade on the stock exchange post-listing. A positive GMP suggests strong demand for the shares, while a negative GMP indicates weaker demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors who prefer stable, established companies with predictable earnings might consider avoiding IPOs like this, which can be more volatile and uncertain.

Listing Gains — The Risk

Listing-day gains can be unpredictable and are influenced by market sentiment, demand for the stock, and overall market conditions. Investors should be aware that while some IPOs may see immediate gains, others may not perform as well once they start trading.

This evaluation is generated from EverestIMS Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is EverestIMS Technologies IPO GMP today?

EverestIMS Technologies IPO GMP today is +₹13.0 (15.29%), indicating an estimated listing price of ₹98. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of EverestIMS Technologies IPO?

The price band of EverestIMS Technologies IPO is ₹80.0–₹85.0 per share.

When does EverestIMS Technologies IPO open and close?

EverestIMS Technologies IPO opens on 29 September 2026 and closes on 05 October 2026.

When does EverestIMS Technologies IPO list on the stock exchange?

EverestIMS Technologies IPO is scheduled to list on 08 October 2026, with an estimated listing price of ₹98.0 based on current GMP.

What is the lot size for EverestIMS Technologies IPO?

The lot size for EverestIMS Technologies IPO is 1600 shares, requiring a minimum investment of ₹272,000 (2 lots).

What is the TopFund Listing Data Indicator for EverestIMS Technologies?

EverestIMS Technologies's Listing Data Indicator score is 67/100 (High signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.

What is the price band for the IPO?

The price band for the IPO is ₹80.0 to ₹85.0.

What is the minimum investment required?

The minimum investment required is ₹272,000.

What is the lot size for the IPO?

The lot size for the IPO is 1,600 shares.

When is the IPO opening and closing?

The IPO opens on 29 September 2026 and closes on 5 October 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium at which the IPO shares may trade on the stock exchange post-listing.

Issue Details

Issue Type SME Book Built
Issue Size ₹48.46 Cr
Price Band ₹80.0 – ₹85.0
Issue Price ₹85.0
Lot Size 1,600 shares
Min Investment ₹272,000 (2 lots minimum)
Exchange BSE SME
Sector Computers - Software & Consulting
Open Date 29 Sep 2026
Close Date 05 Oct 2026
Allotment 06 Oct 2026
Listing Date 08 Oct 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

Oneview Corporate Advisors Pvt.Ltd.

IPO Timeline

Open

29 Sep 2026

Close

05 Oct 2026

Allotment

06 Oct 2026

Listing

08 Oct 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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