EverestIMS Technologies IPO
EverestIMS Technologies IPO Listing Day Performance
EverestIMS Technologies listed on BSE SME on 08 October 2026 at ₹126.00, a 48.24% premium over the issue price of ₹85. A retail investor allotted the minimum application of 3,200 shares (2 lots) gained ₹1,31,200 at the listing price.
GMP vs actual listing
| Last GMP before listing | ₹60 (+70.6%) |
| GMP-implied listing | ₹145 |
| Actual listing | ₹126.00 |
| Difference | −₹19 (−13.1%) |
Demand going into listing
| Subscribed overall | 294.29× |
| QIB | 148.63× |
| NII | 548.96× |
| Retail | 268.29× |
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Final |
|---|---|---|---|---|---|
| QIB | 0.00x | 0.00x | 0.87x | 0.87x | 148.63x |
| NII | 0.11x | 0.71x | 1.85x | 1.37x | 548.96x |
| bNII > ₹10L | 0.13x | 0.84x | 1.93x | — | 658.24x |
| sNII 2-10L | 0.09x | 0.44x | 1.69x | — | 330.39x |
| Retail | 0.22x | 0.90x | 2.27x | 2.27x | 268.29x |
| Total | 0.13x | 0.60x | 1.78x | 1.66x | 294.29x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 45.62 | 57.78 | 65.91 |
| Expense | 30.77 | 38.93 | 48.28 |
| Profit (PAT) | 10.83 | 14.08 | 13.14 |
| Total Assets | 50.47 | 67.82 | 90.27 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| EverestIMS Technologies This IPO | 7.71 | - | 21.69 | 35.55 | - |
| Newgen Software Technologies Ltd | 21.38 | 23.45 | 16.91 | 126.40 | 1,641.40 Cr |
Strengths & Risks
- Heavily oversubscribed — 294.3x overall (final).
- Strong institutional (QIB) demand — 148.6x.
- Solid profit margin — 19.9%.
- Strong return on equity — 24%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
From this issue's live data. Not investment advice — read the RHP.
Company Information
EverestIMS Technologies at a glance
From the company's description: “Founded in April 2017, EverestIMS Technologies is a software company that provides both Software as a Service (SaaS) solutions and on-premises products and services.”
EverestIMS Technologies is raising ₹48.46 crore through an IPO on the BSE SME. Of that, ₹39.05 crore is a fresh issue — new shares, with the money going to the company — and ₹9.41 crore is an offer for sale by existing shareholders, who keep those proceeds; 81% of the issue therefore reaches the business. Main stated uses of the fresh money: Working Capital Requirement (₹24 crore) and Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory (₹5.66 crore).
Revenue went from ₹45.62 crore in 2024 to ₹65.91 crore in 2026, up 44% over 2 years. Profit after tax went from ₹10.83 crore to ₹13.14 crore, a net margin of 20% in the latest year.
Written from the issue's offer-document figures shown on this page. Not investment advice.
Company Contact Information
EverestIMS Technologies Ltd., No.759, Sree Gururaya Mansion, South Wing 8th Main,, J.P.Nagar, III Phase, Bengaluru, Karnataka, 560078
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory | 5.66 |
| Working Capital Requirement | 24.00 |
| General Corporate Purposes | - |
Resources & Documents
Anchor Investors
EverestIMS Technologies IPO - Quick Take
EverestIMS Technologies has set a price band of Rs 80–Rs 85 per share for an issue size of Rs 48 crore. The stock listed with a 48.24% gain versus its issue price on October 08, 2026.
The issue 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 with Oneview Corporate Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory (Rs 6 crore) and working Capital Requirement (Rs 24 crore).
On fundamentals, the company is posting revenue growth of 14.1%, a profit margin of 19.9%, return on equity of 24.3% in its most recent reported period. Listed peers in this segment include Newgen Software Technologies Ltd (P/E 23.45x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
EverestIMS Technologies IPO: Lead Manager & Registrar Track Record
How the firm running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out EverestIMS Technologies itself, so they describe what came before it.
- EverestIMS Technologies listed at +48.2% on day one; the median of 193 listings was +1.5% (better than 89% of them).
- Subscribed 294x against a median of 3.98x across 192 issues (higher than 92%).
- Average listing-day move across all 194 SME listings we track: +11.6%.
| Firm | Other IPOs | Listed at / above issue | Avg move | Median |
|---|---|---|---|---|
| Oneview Corporate Advisors Pvt.Ltd. Lead manager | 3 0 MB · 3 SME | 100% 3 of 3 | +15.1% | +6.1% |
| Maashitla Securities Pvt. Ltd. Registrar | 32 0 MB · 32 SME | 78% 25 of 32 | Check allotment → | |
Recent listings managed by Oneview Corporate Advisors Pvt.Ltd. (3)
Best: Apsis Aerocom +39.1% · Weakest: CKK Retail Mart +0%
| IPO | Listed | Listing-day move |
|---|---|---|
| FX Multitech | 28 Sep 2026 | +6.1% |
| Apsis Aerocom | 18 Mar 2026 | +39.1% |
| CKK Retail Mart | 06 Feb 2026 | +0% |
A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.
Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.
Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.
Frequently Asked Questions
EverestIMS Technologies IPO GMP — What It Means
Its last GMP before listing was 70.6%. Of the 34 SME IPOs we have tracked with a final GMP of 25% or more, 34 listed above, 0 flat and 0 below the issue price; EverestIMS Technologies listed 48.2% above its issue price.
See the full EverestIMS Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.
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